Quontic Bank in New Jersey vs the state
9.4%Denial rate-8.33 pts vs state
12.5%Decision denial rate-10.55 pts vs state
65.5%Origination rate+9.82 pts vs state
8.50%Median rate+1.75 pts vs state
2.17Rate spread (pts)+1.89 pts vs state
$170kMedian applicant income
112Loans originated
16Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 116 | 66 | 12.1% | 9.19% | #231 |
| 2024 | 137 | 81 | 7.3% | 8.88% | #228 |
| 2025 | 171 | 112 | 9.4% | 8.50% | #211 |
What Quontic 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 Quontic Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 30 | 17 | 2 | 6.7% |
| Essex County | 18 | 10 | 2 | 11.1% |
| Union County | 17 | 10 | 1 | 5.9% |
| Morris County | 16 | 12 | 1 | 6.3% |
| Monmouth County | 15 | 7 | 4 | 26.7% |
| Middlesex County | 13 | 8 | 2 | 15.4% |
| Passaic County | 10 | 8 | 0 | 0.0% |
| Hudson County | 10 | 8 | 0 | 0.0% |
| Atlantic County | 7 | 6 | 0 | 0.0% |
| Burlington County | 7 | 5 | 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: 171 applications in 2025, of which 112 were originated and 16 denied.
9.4% of all applications, or 12.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Quontic Bank originated in New Jersey in 2025 was 8.50%, against a statewide median of 6.75%.
About this data. Figures are Quontic 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