Walker & Dunlop · New Jersey · 2025

Walker & Dunlop in New Jersey: approval rate, denial rate and rates (2025)

Walker & Dunlop took 26 mortgage applications in New Jersey in 2025, ranking #420 of 883 lenders active in the state. It originated 61.5% of them and denied 11.5% (15.8% of the applications it decided), against a statewide denial rate of 17.7%.

26Applicationsin NJ
15.8%Decision denial ratestate 23.1%
5.80%Median ratestate 6.75%
$5,845,000Median loanstate $295,000
$138MVolume11 counties

Walker & Dunlop in New Jersey vs the state

11.5%Denial rate-6.15 pts vs state
15.8%Decision denial rate-7.26 pts vs state
61.5%Origination rate+5.86 pts vs state
5.80%Median rate-0.95 pts vs state
Rate spread (pts)
Median applicant income
16Loans originated
3Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023564612.5%5.84%#322
2024272311.1%5.97%#413
2025261611.5%5.80%#420

What Walker & Dunlop lends in New Jersey

By loan purpose

Home purchase 12 46% · 16.7% denied
Refinance 14 54% · 7.1% denied

By loan type

Conventional 26 100% · 11.5% denied

Why it denied New Jersey applicants

Collateral 2 67%
Employment history 1 33%

Where in New Jersey

Counties with the most Walker & Dunlop applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 942 22.2%
Union County 440 0.0%
Camden County 330 0.0%
Morris County 201 50.0%
Mercer County 210 0.0%
Hudson County 110 0.0%
Gloucester County 100 0.0%
Bergen County 100 0.0%
Passaic County 110 0.0%
Monmouth 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: 26 applications in 2025, of which 16 were originated and 3 denied.

11.5% of all applications, or 15.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Walker & Dunlop originated in New Jersey in 2025 was 5.80%, against a statewide median of 6.75%.

About this data. Figures are Walker & Dunlop'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