Primelending, a Plainscapital · New Jersey · 2025

Primelending, a Plainscapital in New Jersey: approval rate, denial rate and rates (2025)

Primelending, a Plainscapital took 199 mortgage applications in New Jersey in 2025, ranking #197 of 883 lenders active in the state. It originated 75.9% of them and denied 6.0% (6.8% of the applications it decided), against a statewide denial rate of 17.7%.

199Applicationsin NJ
6.8%Decision denial ratestate 23.1%
6.88%Median ratestate 6.75%
$365,000Median loanstate $295,000
$55MVolume21 counties

Primelending, a Plainscapital in New Jersey vs the state

6.0%Denial rate-11.66 pts vs state
6.8%Decision denial rate-16.23 pts vs state
75.9%Origination rate+20.20 pts vs state
6.88%Median rate+0.13 pts vs state
0.27Rate spread (pts)-0.01 pts vs state
$132kMedian applicant income
151Loans originated
12Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232721757.4%6.63%#152
20242191488.7%6.88%#185
20251991516.0%6.88%#197

What Primelending, a Plainscapital lends in New Jersey

By loan purpose

Home purchase 174 87% · 5.2% denied
Refinance 10 5% · 10.0% denied
Cash-out refinance 10 5% · 20.0% denied
Home improvement 3 2% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 180 90% · 5.0% denied
FHA 13 7% · 23.1% denied
VA 6 3% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 6 50%
Credit history 3 25%
Incomplete application 1 8%
Employment history 1 8%
Other 1 8%

Where in New Jersey

Counties with the most Primelending, a Plainscapital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 42312 4.8%
Mercer County 40304 10.0%
Somerset County 15120 0.0%
Camden County 1080 0.0%
Burlington County 1070 0.0%
Ocean County 990 0.0%
Monmouth County 981 11.1%
Bergen County 880 0.0%
Sussex County 860 0.0%
Atlantic County 731 14.3%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 199 applications in 2025, of which 151 were originated and 12 denied.

6.0% of all applications, or 6.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Primelending, a Plainscapital originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Primelending, a Plainscapital'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