Sussex County, New Jersey · 2025

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

343 lenders acted on 7,400 mortgage applications for properties in Sussex County in 2025. 16.7% were denied (New Jersey: 17.7%). Median rate on closed loans 6.75%; median loan $255,000; median property value $455,000.

7.4kApplications
16.7%Denial ratestate 17.7%
6.75%Median ratestate 6.75%
$255,000Median loan
$455,000Median property value

Largest lenders in Sussex County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Crosscountry Mortgage B 580393 3.6%6.75%
2 Guaranteed Rate B 508276 5.3%6.64%
3 Rocket Mortgage C 434314 17.5%6.75%
4 PNC Bank D 291144 35.1%8.00%
5 American Neighborhood Mortgage Acceptance Company B 223145 0.9%6.63%
6 United Shore Financial Services B 205142 13.2%6.28%
7 Provident Bank C 203113 23.7%7.00%
8 Newrez D 15640 29.5%8.00%
9 Bank of America F 15361 31.4%6.24%
10 Pennymac Loan Services C 15279 11.2%6.62%
11 Citizens Bank C 14493 26.4%7.65%
12 Absolute Home Mortgage C 14085 2.9%6.88%
13 Freedom Mortgage B 12751 7.1%6.25%
14 Visions Federal Credit Union C 12681 19.8%7.25%
15 Spring Eq D 12632 54.8%9.10%
16 Loandepot.Com D 12485 14.5%6.99%
17 TD Bank D 12263 32.0%7.59%
18 Broker Solutions D 12042 10.0%6.88%
19 Coastal Community Bank C 11126 2.7%10.12%
20 CMG Mortgage A 10966 8.3%6.63%
21 JPMorgan Chase Bank B 9866 15.3%6.63%
22 Mortgage Research Center C 9740 19.6%6.19%
23 Picatinny Federal Credit Union B 9464 12.8%3.99%
24 Discover Bank F 8612 51.2%8.95%
25 Valley National Bank B 8460 15.5%6.49%

Best approval odds in Sussex County

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

What Sussex County borrowers applied for

By loan purpose

Home purchase 2,738 37% · 5.5% denied
Refinance 965 13% · 13.2% denied
Cash-out refinance 1,630 22% · 21.4% denied
Home improvement 895 12% · 28.7% denied
Other / HELOC 1,172 16% · 30.1% denied

By loan type

Conventional 5,844 79% · 17.4% denied
FHA 1,147 16% · 14.2% denied
VA 399 5% · 13.5% denied
USDA / RHS 10 0% · 10.0% denied

Why applications were denied

Debt-to-income ratio 436 35%
Credit history 289 23%
Incomplete application 190 15%
Collateral 161 13%
Other 88 7%
Unverifiable information 34 3%
Insufficient cash 28 2%
Employment history 8 1%

Sussex County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,0633,25020.3%6.99%$225,000
20246,8203,63919.7%6.99%$225,000
20257,4004,11716.7%6.75%$255,000

Frequently asked questions

16.7% of applications in Sussex County were denied in 2025, against 17.7% statewide in New Jersey.

Crosscountry Mortgage, with 580 applications in 2025 and a denial rate of 3.6%.

The median mortgage application in Sussex County in 2025 was for $255,000; the median property value on originated loans was $455,000.