Mercer County
New Jersey · FIPS 34021
According to CFPB HMDA 2024 application volume among U.S. counties, Mercer County ranks #232 of 3,223, and #13 of 21 in New Jersey.
Mortgage lending activity in Mercer 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. Mercer County, New Jersey lenders denied 2,091 of the applications reported here, financing the rest at an average note rate of 7.37%, with applicants self-reporting average annual income of $38K. 374 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 8.2x, meaning typical borrowers took on mortgages of about 8.2 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 Mercer County
In Mercer County, lead originator Rocket Mortgage funded only 6.5% of 6,365 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 16.4% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Mercer County's 12,566 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Mercer County's $311,147 average loan (deduped against volume peers).
Lenders active in Mercer County
Rocket Mortgage funded 416 of the 6,365 loans originated in Mercer County, 6.5% of the county. 374 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 416 | 6.5% |
| 2 | CBNA Year to Date | 337 | 5.3% |
| 3 | Pnc Bank N.A. | 291 | 4.6% |
| 4 | United Wholesale Mortgage | 258 | 4.1% |
| 5 | Bank of America NA | 233 | 3.7% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Mercer 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 Mercer 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.