Rain City Capital in New Jersey vs the state
30.3%Denial rate+12.65 pts vs state
30.3%Decision denial rate+7.29 pts vs state
69.7%Origination rate+13.98 pts vs state
7.63%Median rate+0.88 pts vs state
—Rate spread (pts)
$175kMedian applicant income
62Loans originated
27Denied
What Rain City Capital lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Rain City Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 1 | 1 | 0 | 0.0% |
| Essex County | 1 | 0 | 1 | 100.0% |
| Passaic County | 1 | 0 | 1 | 100.0% |
| Union County | 1 | 0 | 1 | 100.0% |
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: 89 applications in 2025, of which 62 were originated and 27 denied.
30.3% of all applications, or 30.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Rain City Capital originated in New Jersey in 2025 was 7.63%, against a statewide median of 6.75%.
About this data. Figures are Rain City Capital'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