Bergen County, New Jersey · 2025

Mortgage lenders in Bergen County, NJ: denial rates and top lenders (2025)

501 lenders acted on 28,701 mortgage applications for properties in Bergen County in 2025. 18.1% were denied (New Jersey: 17.7%). Median rate on closed loans 6.75%; median loan $385,000; median property value $805,000.

29kApplications
18.1%Denial ratestate 17.7%
6.75%Median ratestate 6.75%
$385,000Median loan
$805,000Median property value

Largest lenders in Bergen County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 TD Bank D 1,574854 25.4%7.34%
2 Bank of America F 1,550730 26.9%5.99%
3 Rocket Mortgage C 1,314979 15.3%6.75%
4 Citizens Bank C 1,244728 29.3%7.40%
5 Crosscountry Mortgage B 1,052660 5.8%6.63%
6 United Shore Financial Services B 920619 15.5%6.56%
7 JPMorgan Chase Bank B 850515 10.7%6.38%
8 Guaranteed Rate B 808395 5.8%6.63%
9 PNC Bank D 753406 27.6%8.00%
10 Visions Federal Credit Union C 621331 24.8%7.25%
11 Newrez D 606196 18.8%6.99%
12 Loandepot.Com D 586382 13.1%6.63%
13 Manufacturers and Traders Trust C 526282 32.7%5.99%
14 Pennymac Loan Services C 463225 14.0%6.62%
15 Valley National Bank B 462305 21.4%6.49%
16 Spring Eq D 449117 47.2%8.95%
17 Coastal Community Bank C 44384 1.6%9.99%
18 Luminate Bank B 355219 4.2%6.38%
19 Wells Fargo Bank B 353197 13.3%5.88%
20 Discover Bank F 32835 56.1%8.38%
21 Citibank B 316162 17.7%6.00%
22 Sofi Bank D 29673 11.2%7.79%
23 Columbia Bank D 293169 20.5%7.50%
24 Broker Solutions D 28788 7.7%6.88%
25 U.S. Bank D 285154 28.8%6.50%

Best approval odds in Bergen County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Bergen County borrowers applied for

By loan purpose

Home purchase 10,638 37% · 8.3% denied
Refinance 4,826 17% · 16.7% denied
Cash-out refinance 4,706 16% · 19.9% denied
Home improvement 4,067 14% · 29.6% denied
Other / HELOC 4,464 16% · 30.3% denied

By loan type

Conventional 26,196 91% · 18.1% denied
FHA 2,041 7% · 18.7% denied
VA 457 2% · 14.9% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Debt-to-income ratio 2,296 45%
Credit history 896 18%
Collateral 618 12%
Incomplete application 612 12%
Other 399 8%
Unverifiable information 178 3%
Insufficient cash 79 2%
Employment history 30 1%
Mortgage insurance denied 2 0%

Bergen County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202322,52911,60822.1%6.88%$325,000
202425,76913,45220.9%6.99%$345,000
202528,70115,51618.1%6.75%$385,000

Frequently asked questions

18.1% of applications in Bergen County were denied in 2025, against 17.7% statewide in New Jersey.

TD Bank, with 1,574 applications in 2025 and a denial rate of 25.4%.

The median mortgage application in Bergen County in 2025 was for $385,000; the median property value on originated loans was $805,000.