Wilmington Savings Fund Society · New Jersey · 2025

Wilmington Savings Fund Society in New Jersey: approval rate, denial rate and rates (2025)

Wilmington Savings Fund Society took 863 mortgage applications in New Jersey in 2025, ranking #70 of 883 lenders active in the state. It originated 64.3% of them and denied 19.4% (22.7% of the applications it decided), against a statewide denial rate of 17.7%.

863Applicationsin NJ
22.7%Decision denial ratestate 23.1%
7.25%Median ratestate 6.75%
$175,000Median loanstate $295,000
$200MVolume19 counties

Wilmington Savings Fund Society in New Jersey vs the state

19.4%Denial rate+1.66 pts vs state
22.7%Decision denial rate-0.33 pts vs state
64.3%Origination rate+8.63 pts vs state
7.25%Median rate+0.50 pts vs state
0.05Rate spread (pts)-0.23 pts vs state
$116kMedian applicant income
555Loans originated
167Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202361935425.5%7.75%#83
202478547423.3%8.00%#73
202586355519.4%7.25%#70

What Wilmington Savings Fund Society lends in New Jersey

By loan purpose

Home purchase 219 25% · 5.9% denied
Refinance 184 21% · 15.2% denied
Cash-out refinance 19 2% · 5.3% denied
Home improvement 295 34% · 27.8% denied
Other / HELOC 146 17% · 29.5% denied

By loan type

Conventional 840 97% · 19.8% denied
FHA 23 3% · 4.4% denied

Why it denied New Jersey applicants

Debt-to-income ratio 98 59%
Credit history 27 16%
Collateral 25 15%
Incomplete application 13 8%
Employment history 2 1%
Insufficient cash 1 1%
Unverifiable information 1 1%

Where in New Jersey

Counties with the most Wilmington Savings Fund Society applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Burlington County 41625889 21.4%
Camden County 1297833 25.6%
Cape May County 89707 7.9%
Atlantic County 774611 14.3%
Gloucester County 53359 17.0%
Ocean County 18123 16.7%
Mercer County 1383 23.1%
Middlesex County 1181 9.1%
Cumberland County 1072 20.0%
Monmouth County 970 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: 863 applications in 2025, of which 555 were originated and 167 denied.

19.4% of all applications, or 22.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Wilmington Savings Fund Society originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Wilmington Savings Fund Society'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