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2024 data HMDA 2024 disclosure official source

Sussex County

7,837 mortgage applications, 17.1% denial rate. Verify FIPS 34037 with U.S. Census Bureau →

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New Jersey · FIPS 34037

Local mortgage market. Sussex County, New Jersey saw 7,837 HMDA-reported mortgage applications in 2024. Lenders originated 3,630 of those loans and denied 1,340, producing a denial rate of 17.1% and an approval (origination) rate of 46.3%. The average loan amount was $341,994 at an average note rate of 7.40%, with applicants self-reporting average annual income of $39K. 274 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.8x, meaning typical borrowers took on mortgages of about 8.8 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.

FIPS 34037 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

7,837
Applications
3,630
Originated
17.1%
Denial Rate
46.3%
Approval Rate
$341,994
Avg Loan Amount
7.40%
Avg Interest Rate
$39K
Avg Applicant Income
8.8x
Loan-to-Income Ratio

Nearby Lenders in Sussex County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Crosscountry Mortgage, LLC 353 9.7%
2 Rocket Mortgage 249 6.9%
3 Provident Bank 168 4.6%
4 Guaranteed Rate, INC. 167 4.6%
5 Pnc Bank N.A. 157 4.3%
Compare Crosscountry Mortgage, LLC vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Sussex County?
In the 2024 HMDA reporting year, 7,837 mortgage applications were filed in Sussex County, New Jersey. Of these, 3,630 were originated (approved and funded), while 1,340 were denied, resulting in a denial rate of 17.1%.
What is the mortgage denial rate in Sussex County?
The mortgage denial rate in Sussex County is 17.1%. The approval (origination) rate is 46.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sussex County?
The average mortgage loan amount in Sussex County is $341,994. The average interest rate is 7.400%. The average applicant income is $39K.
What is the loan-to-income ratio in Sussex County?
The average loan-to-income ratio in Sussex County is 8.8x, meaning borrowers took on loans averaging 8.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Sussex County?
The top mortgage lenders in Sussex County by origination volume are Crosscountry Mortgage, LLC, Rocket Mortgage, Provident Bank. In total, 274 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

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.

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 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.