The Pennsville National Bank · New Jersey · 2025

The Pennsville National Bank in New Jersey: approval rate, denial rate and rates (2025)

The Pennsville National Bank took 123 mortgage applications in New Jersey in 2025, ranking #248 of 883 lenders active in the state. It originated 81.3% of them and denied 11.4% (12.1% of the applications it decided), against a statewide denial rate of 17.7%.

123Applicationsin NJ
12.1%Decision denial ratestate 23.1%
Median ratestate 6.75%
$155,000Median loanstate $295,000
$20MVolume6 counties

The Pennsville National Bank in New Jersey vs the state

11.4%Denial rate-6.31 pts vs state
12.1%Decision denial rate-10.98 pts vs state
81.3%Origination rate+25.62 pts vs state
Median rate
Rate spread (pts)
$106kMedian applicant income
100Loans originated
14Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023897118.0%#260
20241037319.4%#252
202512310011.4%#248

What The Pennsville National Bank lends in New Jersey

By loan purpose

Home purchase 38 31% · 7.9% denied
Refinance 13 11% · 15.4% denied
Cash-out refinance 36 29% · 8.3% denied
Home improvement 23 19% · 8.7% denied
Other / HELOC 13 11% · 30.8% denied

By loan type

Conventional 123 100% · 11.4% denied

Why it denied New Jersey applicants

Debt-to-income ratio 9 64%
Credit history 5 36%

Where in New Jersey

Counties with the most The Pennsville National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salem County 1018311 10.9%
Gloucester County 752 28.6%
Cumberland County 770 0.0%
Cape May County 430 0.0%
Atlantic County 210 0.0%
Camden County 211 50.0%

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: 123 applications in 2025, of which 100 were originated and 14 denied.

11.4% of all applications, or 12.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Pennsville National Bank'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