Monmouth County
New Jersey · FIPS 34025
According to CFPB HMDA 2024 application volume among U.S. counties, Monmouth County ranks #89 of 3,210, and #3 of 21 in New Jersey.
Mortgage lending activity in Monmouth 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. Monmouth County, New Jersey saw 26,102 HMDA-reported mortgage applications in 2024. Lenders originated 13,205 of those loans and denied 4,496, producing a denial rate of 17.2% and an approval (origination) rate of 50.6%. The average loan amount was $405,153 at an average note rate of 7.45%, with applicants self-reporting average annual income of $38K. 432 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 10.7x, meaning typical borrowers took on mortgages of about 10.7 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Monmouth County
In Monmouth County, lead originator Rocket Mortgage funded only 5.8% of 13,205 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 15.1% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Monmouth County's 26,102 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Monmouth County's $405,153 average loan (deduped against volume peers).
Lenders active in Monmouth County
Rocket Mortgage funded 761 of the 13,205 loans originated in Monmouth County, 5.8% of the county. 432 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 761 | 5.8% |
| 2 | CBNA Year to Date | 627 | 4.7% |
| 3 | TD Bank | 611 | 4.6% |
| 4 | Pnc Bank N.A. | 576 | 4.4% |
| 5 | Crosscountry Mortgage, LLC | 572 | 4.3% |
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; does not constitute financial advice for Monmouth County borrowers.
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 Monmouth County 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. 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.