Planet Home Lending in New Jersey vs the state
21.8%Denial rate+4.10 pts vs state
23.0%Decision denial rate-0.08 pts vs state
72.7%Origination rate+16.97 pts vs state
5.99%Median rate-0.76 pts vs state
0.07Rate spread (pts)-0.22 pts vs state
$143kMedian applicant income
170Loans originated
51Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 176 | 106 | 32.4% | 6.56% | #189 |
| 2024 | 220 | 154 | 26.4% | 6.25% | #184 |
| 2025 | 234 | 170 | 21.8% | 5.99% | #185 |
What Planet Home Lending lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Planet Home Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Camden County | 25 | 18 | 6 | 24.0% |
| Burlington County | 21 | 13 | 5 | 23.8% |
| Essex County | 18 | 10 | 5 | 27.8% |
| Ocean County | 18 | 15 | 3 | 16.7% |
| Morris County | 15 | 10 | 4 | 26.7% |
| Sussex County | 14 | 8 | 4 | 28.6% |
| Warren County | 14 | 11 | 3 | 21.4% |
| Gloucester County | 14 | 12 | 2 | 14.3% |
| Cumberland County | 12 | 11 | 1 | 8.3% |
| Middlesex County | 12 | 10 | 2 | 16.7% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 234 applications in 2025, of which 170 were originated and 51 denied.
21.8% of all applications, or 23.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Planet Home Lending originated in New Jersey in 2025 was 5.99%, against a statewide median of 6.75%.
About this data. Figures are Planet Home Lending's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology