US Mortgage in New Jersey vs the state
6.2%Denial rate-11.48 pts vs state
8.0%Decision denial rate-15.01 pts vs state
71.0%Origination rate+15.35 pts vs state
6.88%Median rate+0.13 pts vs state
0.54Rate spread (pts)+0.26 pts vs state
$122kMedian applicant income
103Loans originated
9Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 217 | 127 | 8.3% | 6.63% | #176 |
| 2024 | 204 | 116 | 9.8% | 6.69% | #190 |
| 2025 | 145 | 103 | 6.2% | 6.88% | #227 |
What US Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most US Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Camden County | 33 | 25 | 2 | 6.1% |
| Gloucester County | 19 | 13 | 1 | 5.3% |
| Burlington County | 14 | 9 | 2 | 14.3% |
| Salem County | 9 | 8 | 0 | 0.0% |
| Essex County | 8 | 6 | 0 | 0.0% |
| Monmouth County | 7 | 6 | 1 | 14.3% |
| Union County | 7 | 3 | 0 | 0.0% |
| Bergen County | 6 | 4 | 0 | 0.0% |
| Hudson County | 6 | 5 | 0 | 0.0% |
| Middlesex County | 5 | 3 | 0 | 0.0% |
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: 145 applications in 2025, of which 103 were originated and 9 denied.
6.2% of all applications, or 8.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans US Mortgage originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are US 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