United Teletech Financial · New Jersey · 2025

United Teletech Financial in New Jersey: approval rate, denial rate and rates (2025)

United Teletech Financial took 154 mortgage applications in New Jersey in 2025, ranking #219 of 883 lenders active in the state. It originated 76.6% of them and denied 21.4% (21.9% of the applications it decided), against a statewide denial rate of 17.7%.

154Applicationsin NJ
21.9%Decision denial ratestate 23.1%
6.50%Median ratestate 6.75%
$65,000Median loanstate $295,000
$11MVolume9 counties

United Teletech Financial in New Jersey vs the state

21.4%Denial rate+3.74 pts vs state
21.9%Decision denial rate-1.20 pts vs state
76.6%Origination rate+20.94 pts vs state
6.50%Median rate-0.25 pts vs state
0.70Rate spread (pts)+0.41 pts vs state
$160kMedian applicant income
118Loans originated
33Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202324214738.4%7.25%#160
202415711224.2%8.00%#215
202515411821.4%6.50%#219

What United Teletech Financial lends in New Jersey

By loan purpose

Home purchase 6 4% · 50.0% denied
Refinance 2 1% · 0.0% denied
Cash-out refinance 2 1% · 0.0% denied
Home improvement 105 68% · 18.1% denied
Other / HELOC 39 25% · 28.2% denied

By loan type

Conventional 154 100% · 21.4% denied

Why it denied New Jersey applicants

Other 28 85%
Debt-to-income ratio 5 15%

Where in New Jersey

Counties with the most United Teletech Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monmouth County 927514 15.2%
Ocean County 23158 34.8%
Middlesex County 22148 36.4%
Mercer County 541 20.0%
Somerset County 431 25.0%
Union County 321 33.3%
Warren County 220 0.0%
Burlington County 220 0.0%
Passaic County 110 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: 154 applications in 2025, of which 118 were originated and 33 denied.

21.4% of all applications, or 21.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans United Teletech Financial originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are United Teletech Financial'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