Valon Mortgage · New Jersey · 2025

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

Valon Mortgage took 276 mortgage applications in New Jersey in 2025, ranking #168 of 883 lenders active in the state. It originated 48.9% of them and denied 22.8% (27.0% of the applications it decided), against a statewide denial rate of 17.7%.

276Applicationsin NJ
27.0%Decision denial ratestate 23.1%
8.80%Median ratestate 6.75%
$95,000Median loanstate $295,000
$15MVolume20 counties

Valon Mortgage in New Jersey vs the state

22.8%Denial rate+5.14 pts vs state
27.0%Decision denial rate+3.99 pts vs state
48.9%Origination rate-6.77 pts vs state
8.80%Median rate+2.05 pts vs state
2.61Rate spread (pts)+2.33 pts vs state
$130kMedian applicant income
135Loans originated
63Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202415920.0%6.13%#486
202527613522.8%8.80%#168

What Valon Mortgage lends in New Jersey

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 20 7% · 30.0% denied
Cash-out refinance 39 14% · 35.9% denied
Home improvement 93 34% · 20.4% denied
Other / HELOC 121 44% · 19.8% denied

By loan type

Conventional 259 94% · 21.2% denied
FHA 17 6% · 47.1% denied

Why it denied New Jersey applicants

Debt-to-income ratio 33 52%
Incomplete application 13 21%
Credit history 10 16%
Collateral 3 5%
Other 3 5%
Insufficient cash 1 2%

Where in New Jersey

Counties with the most Valon Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Burlington County 34176 17.6%
Middlesex County 26108 30.8%
Monmouth County 24146 25.0%
Morris County 21113 14.3%
Bergen County 2168 38.1%
Ocean County 20105 25.0%
Gloucester County 19123 15.8%
Essex County 1456 42.9%
Atlantic County 1434 28.6%
Camden County 1353 23.1%

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: 276 applications in 2025, of which 135 were originated and 63 denied.

22.8% of all applications, or 27.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Valon Mortgage originated in New Jersey in 2025 was 8.80%, against a statewide median of 6.75%.

About this data. Figures are Valon 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