Rocket Mortgage in New Jersey vs the state
16.1%Denial rate-1.58 pts vs state
17.5%Decision denial rate-5.60 pts vs state
73.7%Origination rate+17.98 pts vs state
6.75%Median rate0.00 pts vs state
0.50Rate spread (pts)+0.22 pts vs state
$138kMedian applicant income
12,035Loans originated
2,633Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10,412 | 7,456 | 17.3% | 6.75% | #5 |
| 2024 | 13,053 | 9,743 | 15.6% | 6.75% | #1 |
| 2025 | 16,339 | 12,035 | 16.1% | 6.75% | #1 |
What Rocket Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Rocket Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 1,740 | 1,281 | 266 | 15.3% |
| Ocean County | 1,610 | 1,210 | 224 | 13.9% |
| Monmouth County | 1,342 | 1,016 | 205 | 15.3% |
| Bergen County | 1,314 | 979 | 201 | 15.3% |
| Burlington County | 1,121 | 841 | 178 | 15.9% |
| Morris County | 1,007 | 788 | 132 | 13.1% |
| Camden County | 991 | 733 | 172 | 17.4% |
| Essex County | 860 | 586 | 179 | 20.8% |
| Mercer County | 801 | 577 | 118 | 14.7% |
| Gloucester County | 735 | 545 | 114 | 15.5% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 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% |
| Pennymac Loan Services | C | 6,343 | 12.9% | 6.62% |
Frequently asked questions
New Jersey: 16,339 applications in 2025, of which 12,035 were originated and 2,633 denied.
16.1% of all applications, or 17.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Rocket Mortgage originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Rocket Mortgage'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