Resicentral · New Jersey · 2025

Resicentral in New Jersey: approval rate, denial rate and rates (2025)

Resicentral took 206 mortgage applications in New Jersey in 2025, ranking #194 of 883 lenders active in the state. It originated 52.9% of them and denied 3.9% (6.3% of the applications it decided), against a statewide denial rate of 17.7%.

206Applicationsin NJ
6.3%Decision denial ratestate 23.1%
6.49%Median ratestate 6.75%
$475,000Median loanstate $295,000
$48MVolume19 counties

Resicentral in New Jersey vs the state

3.9%Denial rate-13.81 pts vs state
6.3%Decision denial rate-16.80 pts vs state
52.9%Origination rate-2.77 pts vs state
6.49%Median rate-0.26 pts vs state
0.18Rate spread (pts)-0.10 pts vs state
$158kMedian applicant income
109Loans originated
8Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202332186.3%6.88%#391
20242001085.5%6.63%#193
20252061093.9%6.49%#194

What Resicentral lends in New Jersey

By loan purpose

Home purchase 156 76% · 4.5% denied
Refinance 27 13% · 0.0% denied
Cash-out refinance 23 11% · 4.4% denied

By loan type

Conventional 188 91% · 3.7% denied
FHA 14 7% · 7.1% denied
VA 4 2% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 4 50%
Collateral 3 38%
Credit history 1 13%

Where in New Jersey

Counties with the most Resicentral applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Morris County 29180 0.0%
Middlesex County 23122 8.7%
Bergen County 21111 4.8%
Essex County 20101 5.0%
Union County 1840 0.0%
Passaic County 1591 6.7%
Camden County 12100 0.0%
Ocean County 1280 0.0%
Monmouth County 1250 0.0%
Sussex County 1150 0.0%

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: 206 applications in 2025, of which 109 were originated and 8 denied.

3.9% of all applications, or 6.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Resicentral originated in New Jersey in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Resicentral'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