Morris County
New Jersey · FIPS 34027
According to CFPB HMDA 2024 application volume among U.S. counties, Morris County ranks #157 of 3,210, and #8 of 21 in New Jersey.
Mortgage lending activity in Morris 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. Morris County, New Jersey saw 17,929 HMDA-reported mortgage applications in 2024. Lenders originated 9,073 of those loans and denied 2,769, producing a denial rate of 15.4% and an approval (origination) rate of 50.6%. The average loan amount was $456,138 at an average note rate of 7.32%, 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 12.0x, meaning typical borrowers took on mortgages of about 12.0 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 Morris County
In Morris County, lead originator Rocket Mortgage funded only 6.6% of 9,073 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 15.8% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Morris County's 17,929 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Morris County's $456,138 average loan (deduped against volume peers).
Lenders active in Morris County
Rocket Mortgage funded 601 of the 9,073 loans originated in Morris County, 6.6% of the county. 374 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 601 | 6.6% |
| 2 | Crosscountry Mortgage, LLC | 440 | 4.8% |
| 3 | Bank of America NA | 389 | 4.3% |
| 4 | TD Bank | 382 | 4.2% |
| 5 | United Wholesale Mortgage | 370 | 4.1% |
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 Morris 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 Morris 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.