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Ocean County, New Jersey · 2025

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

483 lenders acted on 29,365 mortgage applications for properties in Ocean County in 2025. 16.5% were denied (New Jersey: 17.7%). Median rate on closed loans 6.75%; median loan $265,000; median property value $555,000.

29kApplications
16.5%Denial ratestate 17.7%
6.75%Median ratestate 6.75%
$265,000Median loan
$555,000Median property value

Largest lenders in Ocean County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 1,6101,210 13.9%6.99%
2 TD Bank D 1,528830 25.3%7.54%
3 PNC Bank D 1,367853 23.6%0.25%
4 Citizens Bank C 1,174720 28.4%7.40%
5 United Shore Financial Services B 991670 14.2%6.50%
6 Bank of America F 933389 30.4%6.13%
7 Crosscountry Mortgage B 933602 4.8%6.79%
8 Pennymac Loan Services C 805484 11.4%6.75%
9 Guaranteed Rate B 754511 2.7%6.50%
10 Loandepot.Com D 636420 17.8%6.88%
11 OceanFirst Bank A 624400 13.8%7.50%
12 Newrez D 523174 20.1%7.19%
13 American Neighborhood Mortgage Acceptance Company B 523379 2.1%6.63%
14 Advisors Mortgage Group B 479387 2.7%6.63%
15 CMG Mortgage A 448270 5.1%6.75%
16 Coastal Community Bank C 39273 1.8%10.49%
17 Spring Eq D 385127 49.9%9.25%
18 JPMorgan Chase Bank B 370223 12.2%6.49%
19 FM Home Loans B 370271 0.5%6.88%
20 Freedom Mortgage B 366160 8.2%6.25%
21 Fulton Bank C 328223 24.7%6.38%
22 Wells Fargo Bank B 326218 13.2%6.38%
23 Discover Bank F 32445 51.5%8.73%
24 AmeriSave Mortgage D 320112 52.2%8.00%
25 Broker Solutions D 31889 11.0%6.99%

Best approval odds in Ocean County

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

#LenderDecidedDecision denial rate
1Citadel Servicing580.0%
2Skyrock Mortgage830.0%
3FM Home Loans3060.7%
4United Mortgage922.2%
5Ark Mortgage2062.4%
6Absolute Home Mortgage1222.5%
7Luminate Bank802.5%
8Coastal Community Bank2592.7%
9First Alliance Home Mortgage722.8%
10American Neighborhood Mortgage Acceptance Company3932.8%

What Ocean County borrowers applied for

By loan purpose

Home purchase 10,712 36% · 7.7% denied
Refinance 4,459 15% · 14.8% denied
Cash-out refinance 5,854 20% · 18.1% denied
Home improvement 3,471 12% · 28.8% denied
Other / HELOC 4,869 17% · 27.1% denied

By loan type

Conventional 24,971 85% · 16.9% denied
FHA 3,136 11% · 15.9% denied
VA 1,212 4% · 11.5% denied
USDA / RHS 46 0% · 8.7% denied

Why applications were denied

Debt-to-income ratio 2,013 42%
Credit history 1,053 22%
Incomplete application 578 12%
Collateral 553 11%
Other 343 7%
Unverifiable information 153 3%
Insufficient cash 102 2%
Employment history 32 1%

Ocean County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202324,00213,35521.0%7.00%$225,000
202426,01214,89318.9%7.00%$245,000
202529,36517,24416.5%6.75%$265,000

Frequently asked questions

16.5% of applications in Ocean County were denied in 2025, against 17.7% statewide in New Jersey.

Rocket Mortgage, with 1,610 applications in 2025 and a denial rate of 13.9%.

The median mortgage application in Ocean County in 2025 was for $265,000; the median property value on originated loans was $555,000.