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2024 data HMDA 2024 disclosure official source

Bergen County

28,279 mortgage applications, 19.0% denial rate. Verify FIPS 34003 with U.S. Census Bureau →

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New Jersey · FIPS 34003

Local mortgage market. Bergen County, New Jersey saw 28,279 HMDA-reported mortgage applications in 2024. Lenders originated 13,429 of those loans and denied 5,379, producing a denial rate of 19.0% and an approval (origination) rate of 47.5%. The average loan amount was $443,874 at an average note rate of 7.43%, with applicants self-reporting average annual income of $38K. 434 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 11.7x, meaning typical borrowers took on mortgages of about 11.7 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 34003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

28,279
Applications
13,429
Originated
19.0%
Denial Rate
47.5%
Approval Rate
$443,874
Avg Loan Amount
7.43%
Avg Interest Rate
$38K
Avg Applicant Income
11.7x
Loan-to-Income Ratio

Nearby Lenders in Bergen County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Rocket Mortgage 823 6.1%
2 TD Bank 787 5.9%
3 United Wholesale Mortgage 642 4.8%
4 Crosscountry Mortgage, LLC 601 4.5%
5 Bank of America NA 559 4.2%
Compare Rocket Mortgage vs TD Bank →

Frequently Asked Questions

How many mortgage applications were filed in Bergen County?
In the 2024 HMDA reporting year, 28,279 mortgage applications were filed in Bergen County, New Jersey. Of these, 13,429 were originated (approved and funded), while 5,379 were denied, resulting in a denial rate of 19.0%.
What is the mortgage denial rate in Bergen County?
The mortgage denial rate in Bergen County is 19.0%. The approval (origination) rate is 47.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Bergen County?
The average mortgage loan amount in Bergen County is $443,874. The average interest rate is 7.431%. The average applicant income is $38K.
What is the loan-to-income ratio in Bergen County?
The average loan-to-income ratio in Bergen County is 11.7x, meaning borrowers took on loans averaging 11.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Bergen County?
The top mortgage lenders in Bergen County by origination volume are Rocket Mortgage, TD Bank, United Wholesale Mortgage. In total, 434 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.