South River Mortgage · New Jersey · 2025

South River Mortgage in New Jersey: approval rate, denial rate and rates (2025)

South River Mortgage took 149 mortgage applications in New Jersey in 2025, ranking #221 of 883 lenders active in the state. It originated 43.6% of them and denied 2.0% (4.4% of the applications it decided), against a statewide denial rate of 17.7%.

149Applicationsin NJ
4.4%Decision denial ratestate 23.1%
8.99%Median ratestate 6.75%
$195,000Median loanstate $295,000
$17MVolume21 counties

South River Mortgage in New Jersey vs the state

2.0%Denial rate-15.68 pts vs state
4.4%Decision denial rate-18.64 pts vs state
43.6%Origination rate-12.06 pts vs state
8.99%Median rate+2.24 pts vs state
Rate spread (pts)
$32kMedian applicant income
65Loans originated
3Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231160.0%9.68%#519
202422210.0%6.78%#437
2025149652.0%8.99%#221

What South River Mortgage lends in New Jersey

By loan purpose

Refinance 149 100% · 2.0% denied

By loan type

Conventional 62 42% · 4.8% denied
FHA 87 58% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 3 100%

Where in New Jersey

Counties with the most South River Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ocean County 1891 5.6%
Monmouth County 15100 0.0%
Middlesex County 1391 7.7%
Essex County 1360 0.0%
Atlantic County 1120 0.0%
Camden County 1150 0.0%
Union County 1040 0.0%
Mercer County 1040 0.0%
Burlington County 821 12.5%
Gloucester County 510 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: 149 applications in 2025, of which 65 were originated and 3 denied.

2.0% of all applications, or 4.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans South River Mortgage originated in New Jersey in 2025 was 8.99%, against a statewide median of 6.75%.

About this data. Figures are South River 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