Toll Brothers Mortgage · New Jersey · 2025

Toll Brothers Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Toll Brothers Mortgage took 457 mortgage applications in New Jersey in 2025, ranking #129 of 883 lenders active in the state. It originated 57.6% of them and denied 9.0% (10.1% of the applications it decided), against a statewide denial rate of 17.7%.

457Applicationsin NJ
10.1%Decision denial ratestate 23.1%
6.49%Median ratestate 6.75%
$635,000Median loanstate $295,000
$158MVolume7 counties

Toll Brothers Mortgage in New Jersey vs the state

9.0%Denial rate-8.72 pts vs state
10.1%Decision denial rate-12.95 pts vs state
57.6%Origination rate+1.87 pts vs state
6.49%Median rate-0.26 pts vs state
0.12Rate spread (pts)-0.16 pts vs state
$250kMedian applicant income
263Loans originated
41Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232961316.1%6.38%#137
20244561724.6%6.63%#108
20254572639.0%6.49%#129

What Toll Brothers Mortgage lends in New Jersey

By loan purpose

Home purchase 457 100% · 9.0% denied

By loan type

Conventional 451 99% · 9.1% denied
FHA 2 0% · 0.0% denied
VA 4 1% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 25 61%
Collateral 8 20%
Other 5 12%
Employment history 1 2%
Insufficient cash 1 2%
Credit history 1 2%

Where in New Jersey

Counties with the most Toll Brothers Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monmouth County 19813917 8.6%
Mercer County 1035816 15.5%
Bergen County 54212 3.7%
Morris County 45213 6.7%
Middlesex County 36222 5.6%
Hudson County 1720 0.0%
Somerset County 401 25.0%

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: 457 applications in 2025, of which 263 were originated and 41 denied.

9.0% of all applications, or 10.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Toll Brothers Mortgage originated in New Jersey in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Toll Brothers 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