Jersey Mortgage Company of New Jersey, Inc. mortgage approval rate & lending review
Jersey Mortgage Company of New Jersey, Inc. decided 548 mortgage applications and funded 438 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Jersey Mortgage Company of New Jersey, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to newjerseymortgages.com.
Jersey Mortgage Company of New Jersey, Inc. at a glance
Approval is 5.0 points below the 85.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 81% | 381 / 471 | 99% | $405K | 377 |
| Cash-out refinance | 72% | 29 / 40 | 97% | $315K | 28 |
Jersey Mortgage Company of New Jersey, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Jersey | 81% | $405K | 513 | 414 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Jersey Mortgage Company of New Jersey, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Essex County, NJ | Mortgage lenders | 63% | 87 | 55 |
The county markets where Jersey Mortgage Company of New Jersey, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Jersey Mortgage Company of New Jersey, Inc.
What is Jersey Mortgage Company of New Jersey, Inc.'s mortgage approval rate?
Jersey Mortgage Company of New Jersey, Inc. approved 80.8% of the 548 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.0 points below the 85.8% national rate for the same mix of loan types.
How often do borrowers take the loan Jersey Mortgage Company of New Jersey, Inc. offers?
Borrowers accepted 99% of the loans Jersey Mortgage Company of New Jersey, Inc. approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Jersey Mortgage Company of New Jersey, Inc. make?
The typical home purchase mortgage loan Jersey Mortgage Company of New Jersey, Inc. made was $405K; across all loan types its typical loan ran from $315K to $405K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Jersey Mortgage Company of New Jersey, Inc. lend?
Jersey Mortgage Company of New Jersey, Inc. decided applications in 4 of the states Fat Boy Data covers, most of them in New Jersey, Florida and Pennsylvania.
Can I apply to Jersey Mortgage Company of New Jersey, Inc. directly?
Yes. Jersey Mortgage Company of New Jersey, Inc. reports as a direct lender that takes applications from borrowers. Its website is newjerseymortgages.com.
Does this page show Jersey Mortgage Company of New Jersey, Inc.'s interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Jersey Mortgage Company of New Jersey, Inc. treats applications, then get a rate quote from the lender.