Waterstone Mortgage in New Jersey vs the state
14.3%Denial rate-3.40 pts vs state
25.0%Decision denial rate+1.95 pts vs state
42.9%Origination rate-12.82 pts vs state
6.56%Median rate-0.19 pts vs state
0.51Rate spread (pts)+0.23 pts vs state
$140kMedian applicant income
12Loans originated
4Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 84 | 53 | 9.5% | 6.88% | #265 |
| 2024 | 45 | 28 | 4.4% | 6.69% | #354 |
| 2025 | 28 | 12 | 14.3% | 6.56% | #415 |
What Waterstone 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 Waterstone Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Atlantic County | 13 | 7 | 1 | 7.7% |
| Cape May County | 8 | 3 | 2 | 25.0% |
| Camden County | 2 | 1 | 1 | 50.0% |
| Hudson County | 1 | 0 | 0 | 0.0% |
| Union County | 1 | 0 | 0 | 0.0% |
| Essex County | 1 | 1 | 0 | 0.0% |
| Morris County | 1 | 0 | 0 | 0.0% |
| Salem 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: 28 applications in 2025, of which 12 were originated and 4 denied.
14.3% 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 Waterstone Mortgage originated in New Jersey in 2025 was 6.56%, against a statewide median of 6.75%.
About this data. Figures are Waterstone 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