Provident Bank in New Jersey vs the state
25.9%Denial rate+8.16 pts vs state
32.0%Decision denial rate+8.97 pts vs state
52.3%Origination rate-3.35 pts vs state
7.00%Median rate+0.25 pts vs state
-0.03Rate spread (pts)-0.31 pts vs state
$140kMedian applicant income
1,180Loans originated
583Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,505 | 745 | 31.1% | 6.50% | #42 |
| 2024 | 2,852 | 1,474 | 30.5% | 7.00% | #24 |
| 2025 | 2,255 | 1,180 | 25.9% | 7.00% | #35 |
What Provident Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Provident Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 297 | 150 | 73 | 24.6% |
| Essex County | 239 | 134 | 56 | 23.4% |
| Monmouth County | 212 | 117 | 55 | 25.9% |
| Ocean County | 209 | 98 | 68 | 32.5% |
| Morris County | 204 | 113 | 37 | 18.1% |
| Sussex County | 203 | 113 | 48 | 23.6% |
| Bergen County | 186 | 89 | 56 | 30.1% |
| Union County | 169 | 102 | 34 | 20.1% |
| Passaic County | 148 | 71 | 43 | 29.1% |
| Hudson County | 140 | 58 | 47 | 33.6% |
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: 2,255 applications in 2025, of which 1,180 were originated and 583 denied.
25.9% of all applications, or 32.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Provident Bank originated in New Jersey in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are Provident Bank'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