Cape May County
New Jersey · FIPS 34009
According to CFPB HMDA 2024 application volume among U.S. counties, Cape May County ranks #425 of 3,223, and #17 of 21 in New Jersey.
Mortgage lending activity in Cape May County, New Jersey based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Cape May County, New Jersey lenders denied 1,047 of the applications reported here, financing the rest at an average note rate of 7.31%, with applicants self-reporting average annual income of $37K. 311 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 12.1x, meaning typical borrowers took on mortgages of about 12.1 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Cape May County
In Cape May County, lead originator CBNA Year to Date funded only 8.1% of 3,569 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 17.7% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Cape May County's 6,403 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Cape May County's $446,282 average loan (deduped against volume peers).
Lenders active in Cape May County
CBNA Year to Date funded 290 of the 3,569 loans originated in Cape May County, 8.1% of the county. 311 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | CBNA Year to Date | 290 | 8.1% |
| 2 | Rocket Mortgage | 190 | 5.3% |
| 3 | OceanFirst Bank, N.A. | 152 | 4.3% |
| 4 | TD Bank | 140 | 3.9% |
| 5 | Police and Fire Federal Credit Union | 113 | 3.2% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Cape May County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Cape May County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.