Union Home Mortgage · New Jersey · 2025

Union Home Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Union Home Mortgage took 1,110 mortgage applications in New Jersey in 2025, ranking #61 of 883 lenders active in the state. It originated 69.6% of them and denied 5.0% (6.4% of the applications it decided), against a statewide denial rate of 17.7%.

1.1kApplicationsin NJ
6.4%Decision denial ratestate 23.1%
6.50%Median ratestate 6.75%
$455,000Median loanstate $295,000
$364MVolume21 counties

Union Home Mortgage in New Jersey vs the state

5.0%Denial rate-12.74 pts vs state
6.4%Decision denial rate-16.62 pts vs state
69.6%Origination rate+13.96 pts vs state
6.50%Median rate-0.25 pts vs state
0.14Rate spread (pts)-0.15 pts vs state
$161kMedian applicant income
773Loans originated
55Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235433933.0%6.88%#93
20248155655.2%6.63%#71
20251,1107735.0%6.50%#61

What Union Home Mortgage lends in New Jersey

By loan purpose

Home purchase 835 75% · 4.6% denied
Refinance 177 16% · 5.1% denied
Cash-out refinance 63 6% · 6.4% denied
Home improvement 9 1% · 0.0% denied
Other / HELOC 26 2% · 15.4% denied

By loan type

Conventional 961 87% · 4.6% denied
FHA 121 11% · 8.3% denied
VA 27 2% · 3.7% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 21 38%
Collateral 10 18%
Unverifiable information 6 11%
Other 6 11%
Credit history 5 9%
Incomplete application 4 7%
Employment history 3 5%

Where in New Jersey

Counties with the most Union Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 139958 5.8%
Middlesex County 132808 6.1%
Morris County 104800 0.0%
Union County 85592 2.4%
Atlantic County 81558 9.9%
Essex County 80524 5.0%
Ocean County 60492 3.3%
Somerset County 59470 0.0%
Passaic County 53363 5.7%
Monmouth County 51322 3.9%

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: 1,110 applications in 2025, of which 773 were originated and 55 denied.

5.0% of all applications, or 6.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Union Home Mortgage originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Union Home 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