Wall Street Mortgage Bankers in New Jersey vs the state
14.1%Denial rate-3.59 pts vs state
17.7%Decision denial rate-5.31 pts vs state
65.4%Origination rate+9.70 pts vs state
6.63%Median rate-0.13 pts vs state
0.38Rate spread (pts)+0.10 pts vs state
$292kMedian applicant income
51Loans originated
11Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 96 | 49 | 9.4% | 8.25% | #251 |
| 2024 | 81 | 50 | 14.8% | 7.88% | #285 |
| 2025 | 78 | 51 | 14.1% | 6.63% | #301 |
What Wall Street Mortgage Bankers lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Wall Street Mortgage Bankers applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 15 | 9 | 3 | 20.0% |
| Monmouth County | 13 | 10 | 1 | 7.7% |
| Passaic County | 11 | 5 | 1 | 9.1% |
| Middlesex County | 10 | 7 | 2 | 20.0% |
| Essex County | 7 | 4 | 0 | 0.0% |
| Union County | 6 | 3 | 2 | 33.3% |
| Hudson County | 5 | 3 | 1 | 20.0% |
| Ocean County | 5 | 5 | 0 | 0.0% |
| Morris County | 3 | 3 | 0 | 0.0% |
| Hunterdon County | 1 | 0 | 1 | 100.0% |
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: 78 applications in 2025, of which 51 were originated and 11 denied.
14.1% of all applications, or 17.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Wall Street Mortgage Bankers originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Wall Street Mortgage Bankers'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