Silver Hill Funding in New Jersey vs the state
7.7%Denial rate-10.00 pts vs state
19.2%Decision denial rate-3.82 pts vs state
32.3%Origination rate-23.37 pts vs state
8.75%Median rate+2.00 pts vs state
—Rate spread (pts)
—Median applicant income
21Loans originated
5Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 113 | 36 | 29.2% | 8.25% | #237 |
| 2024 | 184 | 56 | 14.7% | 8.56% | #204 |
| 2025 | 65 | 21 | 7.7% | 8.75% | #320 |
What Silver Hill Funding lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
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: 65 applications in 2025, of which 21 were originated and 5 denied.
7.7% of all applications, or 19.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Silver Hill Funding originated in New Jersey in 2025 was 8.75%, against a statewide median of 6.75%.
About this data. Figures are Silver Hill 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