Valley West in New Jersey vs the state
6.3%Denial rate-11.44 pts vs state
25.0%Decision denial rate+1.95 pts vs state
12.5%Origination rate-43.18 pts vs state
5.63%Median rate-1.13 pts vs state
-0.16Rate spread (pts)-0.44 pts vs state
$102kMedian applicant income
2Loans originated
1Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 45 | 16 | 11.1% | 6.00% | #355 |
| 2025 | 16 | 2 | 6.3% | 5.63% | #477 |
What Valley West lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Valley West applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 3 | 1 | 0 | 0.0% |
| Essex County | 3 | 1 | 1 | 33.3% |
| Salem County | 2 | 0 | 0 | 0.0% |
| Monmouth County | 2 | 0 | 0 | 0.0% |
| Ocean County | 1 | 0 | 0 | 0.0% |
| Bergen County | 1 | 0 | 0 | 0.0% |
| Passaic County | 1 | 0 | 0 | 0.0% |
| Cape May County | 1 | 0 | 0 | 0.0% |
| Hudson County | 1 | 0 | 0 | 0.0% |
| Union County | 1 | 0 | 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: 16 applications in 2025, of which 2 were originated and 1 denied.
6.3% of all applications, or 25.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Valley West originated in New Jersey in 2025 was 5.63%, against a statewide median of 6.75%.
About this data. Figures are Valley West'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