Woori America Bank · New Jersey · 2025

Woori America Bank in New Jersey: approval rate, denial rate and rates (2025)

Woori America Bank took 113 mortgage applications in New Jersey in 2025, ranking #254 of 883 lenders active in the state. It originated 69.9% of them and denied 13.3% (15.2% of the applications it decided), against a statewide denial rate of 17.7%.

113Applicationsin NJ
15.2%Decision denial ratestate 23.1%
Median ratestate 6.75%
$445,000Median loanstate $295,000
$46MVolume8 counties

Woori America Bank in New Jersey vs the state

13.3%Denial rate-4.42 pts vs state
15.2%Decision denial rate-7.90 pts vs state
69.9%Origination rate+14.23 pts vs state
Median rate
Rate spread (pts)
$181kMedian applicant income
79Loans originated
15Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202352393.9%#329
2024996913.1%#256
20251137913.3%#254

What Woori America Bank lends in New Jersey

By loan purpose

Home purchase 90 80% · 12.2% denied
Refinance 16 14% · 18.8% denied
Cash-out refinance 1 1% · 0.0% denied
Home improvement 3 3% · 0.0% denied
Other / HELOC 3 3% · 33.3% denied

By loan type

Conventional 113 100% · 13.3% denied

Where in New Jersey

Counties with the most Woori America Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 996913 13.1%
Hudson County 422 50.0%
Camden County 320 0.0%
Morris County 220 0.0%
Ocean County 210 0.0%
Gloucester County 110 0.0%
Essex County 110 0.0%
Passaic 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: 113 applications in 2025, of which 79 were originated and 15 denied.

13.3% of all applications, or 15.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Woori America Bank'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