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Gloucester County, New Jersey · 2025

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

393 lenders acted on 13,775 mortgage applications for properties in Gloucester County in 2025. 17.7% were denied (New Jersey: 17.7%). Median rate on closed loans 6.75%; median loan $215,000; median property value $395,000.

14kApplications
17.7%Denial ratestate 17.7%
6.75%Median ratestate 6.75%
$215,000Median loan
$395,000Median property value

Largest lenders in Gloucester County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Police & Fire C 872459 30.4%6.38%
2 Rocket Mortgage C 735545 15.5%6.75%
3 Crosscountry Mortgage B 548372 4.0%6.75%
4 TD Bank D 538303 24.5%7.59%
5 Affordable Mortgage Advisors, LLC. B 393327 1.5%6.63%
6 Citizens Bank C 362204 30.4%7.65%
7 PNC Bank D 348197 26.4%8.17%
8 Fulton Bank C 316184 27.5%6.49%
9 Guaranteed Rate B 307200 6.8%6.66%
10 United Shore Financial Services B 278177 16.2%6.13%
11 Broker Solutions D 276134 9.1%6.90%
12 Newrez D 27096 21.5%6.93%
13 NVR Mortgage Finance B 265187 17.7%6.50%
14 Navy Federal Credit Union D 261113 19.5%7.75%
15 Pennymac Loan Services C 259117 14.3%6.99%
16 Freedom Mortgage B 254112 7.5%6.38%
17 Bank of America F 24686 37.4%6.31%
18 Nation One Mortgage C 236187 3.8%6.63%
19 NFM A 230184 0.9%6.75%
20 American Neighborhood Mortgage Acceptance Company B 215167 0.5%6.75%
21 FIRST HARVEST Federal Credit Union F 201104 24.4%7.74%
22 CMG Mortgage A 195132 3.1%6.75%
23 Loandepot.Com D 180118 22.2%6.99%
24 Spring Eq D 16747 56.3%9.38%
25 Discover Bank F 15529 55.5%8.00%

Best approval odds in Gloucester County

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

#LenderDecidedDecision denial rate
1Acre Mortgage & Financial500.0%
2Rf Renovo Management Company740.0%
3Fairway Independent Mortgage810.0%
4American Neighborhood Mortgage Acceptance Company1680.6%
5NFM1891.1%
6Affordable Mortgage Advisors, LLC.3391.8%
7Coastal Community Bank1222.5%
8CMG Mortgage1553.9%
91st Colonial Community Bank914.4%
10Nation One Mortgage1964.6%

What Gloucester County borrowers applied for

By loan purpose

Home purchase 5,166 38% · 7.5% denied
Refinance 1,873 14% · 13.7% denied
Cash-out refinance 3,033 22% · 22.5% denied
Home improvement 1,856 13% · 28.6% denied
Other / HELOC 1,847 13% · 31.5% denied

By loan type

Conventional 10,730 78% · 18.4% denied
FHA 2,173 16% · 15.9% denied
VA 842 6% · 13.2% denied
USDA / RHS 30 0% · 10.0% denied

Why applications were denied

Debt-to-income ratio 850 35%
Credit history 755 31%
Collateral 267 11%
Incomplete application 243 10%
Other 164 7%
Unverifiable information 60 2%
Insufficient cash 56 2%
Employment history 12 0%

Gloucester County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202311,6056,61020.6%6.99%$175,000
202412,7297,33219.4%6.99%$185,000
202513,7758,06917.7%6.75%$215,000

Frequently asked questions

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

Police & Fire, with 872 applications in 2025 and a denial rate of 30.4%.

The median mortgage application in Gloucester County in 2025 was for $215,000; the median property value on originated loans was $395,000.