Burlington County, New Jersey · 2025

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

476 lenders acted on 20,603 mortgage applications for properties in Burlington County in 2025. 17.3% were denied (New Jersey: 17.7%). Median rate on closed loans 6.75%; median loan $235,000; median property value $435,000.

21kApplications
17.3%Denial ratestate 17.7%
6.75%Median ratestate 6.75%
$235,000Median loan
$435,000Median property value

Largest lenders in Burlington County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 1,121841 15.9%6.63%
2 Police & Fire C 1,005564 26.3%6.24%
3 Citizens Bank C 829504 28.2%7.40%
4 TD Bank D 779433 23.4%7.54%
5 PNC Bank D 605336 23.3%8.00%
6 United Shore Financial Services B 597400 14.4%6.13%
7 Bank of America F 585233 31.3%6.00%
8 Crosscountry Mortgage B 577366 4.7%6.75%
9 Pennymac Loan Services C 493232 13.6%6.53%
10 Navy Federal Credit Union D 486234 19.6%7.89%
11 Newrez D 464165 20.0%6.88%
12 Guaranteed Rate B 438266 6.4%6.58%
13 Wilmington Savings Fund Society B 416258 21.4%7.25%
14 Freedom Mortgage B 377146 8.2%6.25%
15 NFM A 357297 2.2%6.63%
16 Spring Eq D 318113 41.2%9.13%
17 Mortgage Research Center C 314142 16.6%6.25%
18 Loandepot.Com D 293186 18.8%6.75%
19 Affordable Mortgage Advisors, LLC. B 290214 0.7%6.63%
20 Broker Solutions D 288103 9.7%6.93%
21 Coastal Community Bank C 27964 3.6%10.99%
22 CMG Mortgage A 263183 6.8%6.63%
23 Absolute Home Mortgage C 210146 4.8%6.75%
24 Discover Bank F 20131 54.7%8.47%
25 AmeriSave Mortgage D 20067 57.5%7.88%

Best approval odds in Burlington County

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

What Burlington County borrowers applied for

By loan purpose

Home purchase 7,253 35% · 7.3% denied
Refinance 3,258 16% · 15.6% denied
Cash-out refinance 4,452 22% · 20.2% denied
Home improvement 2,771 13% · 27.2% denied
Other / HELOC 2,869 14% · 30.4% denied

By loan type

Conventional 16,134 78% · 18.1% denied
FHA 2,847 14% · 15.4% denied
VA 1,589 8% · 12.3% denied
USDA / RHS 33 0% · 9.1% denied

Why applications were denied

Debt-to-income ratio 1,268 36%
Credit history 906 26%
Incomplete application 471 13%
Collateral 434 12%
Other 282 8%
Unverifiable information 88 2%
Insufficient cash 70 2%
Employment history 31 1%
Mortgage insurance denied 1 0%

Burlington County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202316,8959,53620.3%6.99%$205,000
202419,04010,83219.9%6.99%$205,000
202520,60311,79417.3%6.75%$235,000

Frequently asked questions

17.3% of applications in Burlington County were denied in 2025, against 17.7% statewide in New Jersey.

Rocket Mortgage, with 1,121 applications in 2025 and a denial rate of 15.9%.

The median mortgage application in Burlington County in 2025 was for $235,000; the median property value on originated loans was $435,000.