UIF in New Jersey vs the state
11.1%Denial rate-6.58 pts vs state
14.0%Decision denial rate-9.03 pts vs state
66.7%Origination rate+10.99 pts vs state
6.63%Median rate-0.13 pts vs state
0.23Rate spread (pts)-0.05 pts vs state
$162kMedian applicant income
90Loans originated
15Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 114 | 63 | 8.8% | 6.99% | #233 |
| 2024 | 168 | 103 | 12.5% | 6.63% | #211 |
| 2025 | 135 | 90 | 11.1% | 6.63% | #238 |
What UIF lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most UIF applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 45 | 29 | 4 | 8.9% |
| Passaic County | 15 | 12 | 0 | 0.0% |
| Bergen County | 11 | 5 | 4 | 36.4% |
| Burlington County | 10 | 6 | 0 | 0.0% |
| Somerset County | 10 | 7 | 1 | 10.0% |
| Hudson County | 8 | 6 | 2 | 25.0% |
| Mercer County | 7 | 6 | 1 | 14.3% |
| Morris County | 7 | 5 | 0 | 0.0% |
| Monmouth County | 5 | 2 | 1 | 20.0% |
| Camden County | 4 | 3 | 1 | 25.0% |
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: 135 applications in 2025, of which 90 were originated and 15 denied.
11.1% of all applications, or 14.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans UIF originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are UIF'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