PlainLender

Cross River

FORT LEE, NJ

Cross River processed 33 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 24 loans with a 6.1% denial rate. Refinancing was the primary loan purpose. Based in FORT LEE, NJ. The approval rate of 72.7% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Cross River's 72.7% origination rate tells you how often an application turned into funded money; the 6.1% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (33 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.

33
Applications
24
Originated
6.1%
Denial Rate
$3,978,636
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 33 24 2 $3,978,636

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Cross River (LEI: 5493007V8ZEVXWVS3567) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 27 19 $4,072,407
Home Purchase 6 5 $3,556,667

Nearby Lenders in NJ

Other HMDA-reporting lenders in NJ with similar activity. Compare any two side-by-side.

TD Bank

Mount Laurel, NJ

56,179 apps 24,748 originated 26.1% denied

HomeBridge Financial Services, Inc

Iselin, NJ

20,428 apps 11,641 originated 24.9% denied

American Neighborhood Mortgage Acceptance Company

Mt. Laurel, NJ

15,393 apps 9,465 originated 2.1% denied

American Financial Resources LLC

PARSIPPANY, NJ

9,814 apps 5,214 originated 8.4% denied

Longbridge Financial, LLC

PARAMUS, NJ

9,231 apps 3,849 originated 8.7% denied
Compare Cross River vs TD Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Cross River process?
Cross River processed 33 mortgage applications in the 2024 HMDA reporting year. Of these, 24 were originated (approved and funded), 6 were withdrawn by the applicant, and 2 were denied.
What is Cross River's mortgage approval rate?
Cross River has an approval (origination) rate of 72.7%, meaning 72.7% of all applications resulted in a funded mortgage. The denial rate is 6.1%.
What is the average loan amount at Cross River?
The average mortgage loan amount at Cross River is $3,978,636.
What types of mortgage loans does Cross River offer?
Cross River processes Conventional loans. The most common type is Conventional with 33 applications and an average loan amount of $3,978,636.
What loan purposes does Cross River serve?
Cross River serves the following loan purposes: Refinancing (27 applications), Home Purchase (6 applications). Refinancing is the most common purpose.
Where is Cross River located?
Cross River is headquartered in FORT LEE, NJ. The lender is identified by LEI 5493007V8ZEVXWVS3567 in HMDA data.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is 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.