Police & Fire in New Jersey vs the state
30.3%Denial rate+12.61 pts vs state
36.2%Decision denial rate+13.13 pts vs state
52.6%Origination rate-3.11 pts vs state
6.24%Median rate-0.51 pts vs state
-0.04Rate spread (pts)-0.32 pts vs state
$137kMedian applicant income
2,136Loans originated
1,231Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,500 | 1,892 | 31.3% | 6.49% | #15 |
| 2024 | 3,987 | 2,179 | 31.7% | 6.75% | #15 |
| 2025 | 4,063 | 2,136 | 30.3% | 6.24% | #14 |
What Police & Fire lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Police & Fire applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Camden County | 1,253 | 641 | 410 | 32.7% |
| Burlington County | 1,005 | 564 | 264 | 26.3% |
| Gloucester County | 872 | 459 | 265 | 30.4% |
| Atlantic County | 250 | 130 | 73 | 29.2% |
| Cape May County | 222 | 116 | 60 | 27.0% |
| Ocean County | 100 | 48 | 34 | 34.0% |
| Mercer County | 67 | 37 | 20 | 29.9% |
| Cumberland County | 59 | 26 | 21 | 35.6% |
| Salem County | 49 | 27 | 17 | 34.7% |
| Monmouth County | 40 | 23 | 13 | 32.5% |
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: 4,063 applications in 2025, of which 2,136 were originated and 1,231 denied.
30.3% of all applications, or 36.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Police & Fire originated in New Jersey in 2025 was 6.24%, against a statewide median of 6.75%.
About this data. Figures are Police & Fire'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