Ocean County
New Jersey · FIPS 34029
According to CFPB HMDA 2024 application volume among U.S. counties, Ocean County ranks #72 of 3,210, and #1 of 21 in New Jersey.
Mortgage lending activity in Ocean 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. Ocean County, New Jersey saw 29,352 HMDA-reported mortgage applications in 2024. Lenders originated 14,876 of those loans and denied 4,924, producing a denial rate of 16.8% and an approval (origination) rate of 50.7%. The average loan amount was $330,277 at an average note rate of 7.47%, with applicants self-reporting average annual income of $39K. 439 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 8.5x, meaning typical borrowers took on mortgages of about 8.5 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 Ocean County
In Ocean County, lead originator Rocket Mortgage funded only 6.8% of 14,876 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 16.3% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Ocean County's 29,352 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Ocean County's $330,277 average loan (deduped against volume peers).
Lenders active in Ocean County
Rocket Mortgage funded 1,008 of the 14,876 loans originated in Ocean County, 6.8% of the county. 439 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 1,008 | 6.8% |
| 2 | TD Bank | 839 | 5.6% |
| 3 | CBNA Year to Date | 585 | 3.9% |
| 4 | United Wholesale Mortgage | 536 | 3.6% |
| 5 | Pnc Bank N.A. | 526 | 3.5% |
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 Ocean 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 Ocean 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.