ABL RPC Residential Credit Acquisition LLC

Jersey City, NJ

ABL RPC Residential Credit Acquisition LLC processed 2,055 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,371 loans with a 18.3% denial rate. Home Improvement was the primary loan purpose. Based in Jersey City, NJ. The approval rate of 66.7% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. ABL RPC Residential Credit Acquisition LLC's 66.7% origination rate tells you how often an application turned into funded money; the 18.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit application incomplete, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,055 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,055
Applications
1,371
Originated
18.3%
Denial Rate
$447,015
Avg Loan Amount
Avg Interest Rate: 10.289%

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,055 1,371 376 $447,015

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for ABL RPC Residential Credit Acquisition LLC (LEI: 254900BBWJ82FQDQ6823) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit application incomplete
173
Collateral
154
Credit history
23
Unverifiable information
13
Insufficient cash
13

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 862 731 $576,114
Cash-out Refinancing 675 361 $370,585
Home Purchase 295 157 $292,051
Refinancing 223 122 $384,327

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Frequently Asked Questions

How many mortgage applications did ABL RPC Residential Credit Acquisition LLC process?
ABL RPC Residential Credit Acquisition LLC processed 2,055 mortgage applications in the 2024 HMDA reporting year. Of these, 1,371 were originated (approved and funded), 88 were withdrawn by the applicant, and 376 were denied.
What is ABL RPC Residential Credit Acquisition LLC's mortgage approval rate?
ABL RPC Residential Credit Acquisition LLC has an approval (origination) rate of 66.7%, meaning 66.7% of all applications resulted in a funded mortgage. The denial rate is 18.3%.
What is the average loan amount at ABL RPC Residential Credit Acquisition LLC?
The average mortgage loan amount at ABL RPC Residential Credit Acquisition LLC is $447,015. The average interest rate is 10.289%.
What are the most common reasons for mortgage denial at ABL RPC Residential Credit Acquisition LLC?
The most common reasons for mortgage denial at ABL RPC Residential Credit Acquisition LLC are: Credit application incomplete, Collateral, Credit history. In total, 376 applications were denied out of 2,055 total applications.
What types of mortgage loans does ABL RPC Residential Credit Acquisition LLC offer?
ABL RPC Residential Credit Acquisition LLC processes Conventional loans. The most common type is Conventional with 2,055 applications and an average loan amount of $447,015.
What loan purposes does ABL RPC Residential Credit Acquisition LLC serve?
ABL RPC Residential Credit Acquisition LLC serves the following loan purposes: Home Improvement (862 applications), Cash-out Refinancing (675 applications), Home Purchase (295 applications), Refinancing (223 applications). Home Improvement is the most common purpose.
Where is ABL RPC Residential Credit Acquisition LLC located?
ABL RPC Residential Credit Acquisition LLC is headquartered in Jersey City, NJ. The lender is identified by LEI 254900BBWJ82FQDQ6823 in HMDA data.

Data Sources

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.