Cumberland County, New Jersey · 2025

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

281 lenders acted on 5,192 mortgage applications for properties in Cumberland County in 2025. 20.2% were denied (New Jersey: 17.7%). Median rate on closed loans 6.75%; median loan $175,000; median property value $295,000.

5.2kApplications
20.2%Denial ratestate 17.7%
6.75%Median ratestate 6.75%
$175,000Median loan
$295,000Median property value

Largest lenders in Cumberland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Nation One Mortgage C 534418 2.3%6.50%
2 Rocket Mortgage C 281186 23.8%6.75%
3 Guaranteed Rate B 14386 16.1%6.63%
4 Bank of America F 13726 56.9%6.43%
5 Freedom Mortgage B 13548 10.4%6.25%
6 TD Bank D 12149 38.0%8.01%
7 United Shore Financial Services B 11764 22.2%5.99%
8 Newrez D 10631 29.3%6.88%
9 Pennymac Loan Services C 10043 15.0%6.25%
10 Loan Funder F 9561 4.2%10.50%
11 Cardinal Financial Company, Limited Partnership B 9082 3.3%6.99%
12 Loandepot.Com D 8746 32.2%7.06%
13 Broker Solutions D 8526 9.4%6.75%
14 Affordable Mortgage Advisors, LLC. B 8561 3.5%6.63%
15 OceanFirst Bank A 8544 21.2%6.50%
16 Truist Bank C 8035 37.5%6.70%
17 21st Mortgage F 8014 38.8%10.83%
18 Crosscountry Mortgage B 7945 7.6%6.75%
19 Kiavi Funding D 7257 6.9%10.25%
20 Mortgage Research Center C 7036 18.6%6.25%
21 AmeriSave Mortgage D 6621 57.6%8.13%
22 Coastal Community Bank C 6615 3.0%10.99%
23 Gateway First Bank B 6440 4.7%6.50%
24 Police & Fire C 5926 35.6%6.24%
25 FIRST HARVEST Federal Credit Union F 5921 27.1%7.75%

Best approval odds in Cumberland County

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

What Cumberland County borrowers applied for

By loan purpose

Home purchase 2,174 42% · 11.3% denied
Refinance 647 12% · 18.7% denied
Cash-out refinance 1,236 24% · 22.3% denied
Home improvement 527 10% · 37.2% denied
Other / HELOC 608 12% · 34.5% denied

By loan type

Conventional 3,467 67% · 22.6% denied
FHA 1,356 26% · 16.5% denied
VA 349 7% · 10.6% denied
USDA / RHS 20 0% · 30.0% denied

Why applications were denied

Credit history 309 30%
Debt-to-income ratio 301 29%
Collateral 144 14%
Incomplete application 116 11%
Other 74 7%
Unverifiable information 44 4%
Insufficient cash 25 2%
Employment history 9 1%

Cumberland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,0592,18723.2%6.99%$155,000
20244,6042,55221.7%6.90%$165,000
20255,1922,74820.2%6.75%$175,000

Frequently asked questions

20.2% of applications in Cumberland County were denied in 2025, against 17.7% statewide in New Jersey.

Nation One Mortgage, with 534 applications in 2025 and a denial rate of 2.3%.

The median mortgage application in Cumberland County in 2025 was for $175,000; the median property value on originated loans was $295,000.