Primary Residential Mortgage in New Jersey vs the state
8.3%Denial rate-9.36 pts vs state
12.9%Decision denial rate-10.15 pts vs state
56.3%Origination rate+0.57 pts vs state
6.88%Median rate+0.13 pts vs state
0.64Rate spread (pts)+0.36 pts vs state
$83kMedian applicant income
27Loans originated
4Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 226 | 133 | 6.6% | 6.63% | #168 |
| 2024 | 78 | 58 | 5.1% | 7.06% | #289 |
| 2025 | 48 | 27 | 8.3% | 6.88% | #360 |
What Primary Residential Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Burlington County | 16 | 11 | 1 | 6.3% |
| Ocean County | 8 | 5 | 0 | 0.0% |
| Gloucester County | 6 | 3 | 0 | 0.0% |
| Warren County | 3 | 2 | 0 | 0.0% |
| Middlesex County | 3 | 2 | 0 | 0.0% |
| Mercer County | 3 | 1 | 0 | 0.0% |
| Passaic County | 2 | 0 | 1 | 50.0% |
| Bergen County | 2 | 0 | 0 | 0.0% |
| Cumberland County | 2 | 1 | 1 | 50.0% |
| Camden County | 1 | 1 | 0 | 0.0% |
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: 48 applications in 2025, of which 27 were originated and 4 denied.
8.3% of all applications, or 12.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Primary Residential Mortgage originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are Primary Residential Mortgage'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