Zillow Home Loans · New Jersey · 2025

Zillow Home Loans in New Jersey: approval rate, denial rate and rates (2025)

Zillow Home Loans took 165 mortgage applications in New Jersey in 2025, ranking #214 of 883 lenders active in the state. It originated 66.7% of them and denied 7.9% (10.2% of the applications it decided), against a statewide denial rate of 17.7%.

165Applicationsin NJ
10.2%Decision denial ratestate 23.1%
6.50%Median ratestate 6.75%
$345,000Median loanstate $295,000
$42MVolume21 counties

Zillow Home Loans in New Jersey vs the state

7.9%Denial rate-9.81 pts vs state
10.2%Decision denial rate-12.89 pts vs state
66.7%Origination rate+10.99 pts vs state
6.50%Median rate-0.25 pts vs state
0.27Rate spread (pts)-0.01 pts vs state
$126kMedian applicant income
110Loans originated
13Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202344274.6%6.75%#351
202495689.5%6.50%#260
20251651107.9%6.50%#214

What Zillow Home Loans lends in New Jersey

By loan purpose

Home purchase 163 99% · 8.0% denied
Refinance 2 1% · 0.0% denied

By loan type

Conventional 135 82% · 7.4% denied
FHA 24 15% · 12.5% denied
VA 6 4% · 0.0% denied

Why it denied New Jersey applicants

Collateral 4 31%
Debt-to-income ratio 3 23%
Credit history 3 23%
Other 2 15%
Unverifiable information 1 8%

Where in New Jersey

Counties with the most Zillow Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Burlington County 39273 7.7%
Camden County 33261 3.0%
Gloucester County 16132 12.5%
Ocean County 1180 0.0%
Mercer County 940 0.0%
Bergen County 641 16.7%
Morris County 641 16.7%
Monmouth County 630 0.0%
Essex County 540 0.0%
Hudson County 510 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: 165 applications in 2025, of which 110 were originated and 13 denied.

7.9% of all applications, or 10.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Zillow Home Loans originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Zillow Home Loans'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