Royal Pacific Funding in New Jersey vs the state
6.3%Denial rate-11.44 pts vs state
7.3%Decision denial rate-15.73 pts vs state
56.3%Origination rate+0.57 pts vs state
7.38%Median rate+0.63 pts vs state
1.04Rate spread (pts)+0.76 pts vs state
$176kMedian applicant income
27Loans originated
3Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 58 | 29 | 1.7% | 9.25% | #310 |
| 2024 | 107 | 51 | 3.7% | 7.49% | #248 |
| 2025 | 48 | 27 | 6.3% | 7.38% | #361 |
What Royal Pacific Funding lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Royal Pacific Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hudson County | 13 | 9 | 0 | 0.0% |
| Essex County | 7 | 3 | 0 | 0.0% |
| Bergen County | 5 | 4 | 0 | 0.0% |
| Passaic County | 5 | 2 | 1 | 20.0% |
| Union County | 3 | 2 | 0 | 0.0% |
| Somerset County | 3 | 3 | 0 | 0.0% |
| Middlesex County | 3 | 0 | 0 | 0.0% |
| Morris County | 2 | 0 | 0 | 0.0% |
| Camden County | 2 | 1 | 0 | 0.0% |
| Cumberland County | 2 | 1 | 1 | 50.0% |
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: 48 applications in 2025, of which 27 were originated and 3 denied.
6.3% of all applications, or 7.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Royal Pacific Funding originated in New Jersey in 2025 was 7.38%, against a statewide median of 6.75%.
About this data. Figures are Royal Pacific Funding'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