NJ · Statewide HMDA 2024
New Jersey mortgage lending
According to the CFPB HMDA 2024 Snapshot, 771 reporting lenders · 21 counties · 9 metros.
Volume rank is not origination-share rank
According to the CFPB HMDA 2024 Snapshot, New Jersey ranks #13 of 54 by application volume but #46 of 52 states with 10,000+ applications on origination share (48.4%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.
- #46
- Origination-share rank of 52
- 48.4%
- Origination share
- 156,457
- Originated
- 18.0%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
323,581reported applications
CFPB HMDA state filing plate
State NJ · New Jersey 18.0% denial
VOL-HEAVY · DEN-MID · NEAR-PEER · ORIG-FLOOR · BOOK-FULL · LEAD-MIX
- VOL-HEAVY #13/54
- DEN-MID 18.0%
- NEAR-PEER New Mexico
- ORIG-FLOOR 48.4%
- BOOK-FULL 771 lenders
- LEAD-MIX 6% top
Photo-finish peer: New Mexico · 18.2% denial (+0.2pp vs New Jersey)
2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.
Denial-rate neighbourhood · New Jersey
Poles and nearest peers by statewide HMDA denial rate, not a full state roster.
Nationwide states with similar HMDA denial rate or application volume
Two statewide peer sets for New Jersey: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.
Similar denial rate
Nearest states by statewide denial rate (18.0% here).
Similar application volume
Nearest states by HMDA applications filed (323,581 here).
Top lenders by originations · New Jersey
Funded loans among HMDA-reporting institutions active in this state.
Where New Jersey sits by application volume
2024 CFPB HMDA states and territories, bucketed by mortgage applications filed
323,581 Top 24% higher than 76% of 54 states and territories
Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year
Top counties by originations · New Jersey
In-state county volume from the same HMDA county board linked below.
How to read this state sheet. New Jersey filed 323,581 HMDA-reported applications in 2024 (#13 of 54 by volume) with a 18.0% denial rate - near the national 17.2% baseline. White applicants (164,698 apps) show 18.4% denial; Asian applicants (32,214 apps) show 16.5% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.
Nearby Lenders in New Jersey
Top HMDA-reporting lenders active in New Jersey. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 9,743 | 6.2% |
| 2 | TD Bank | 6,525 | 4.2% |
| 3 | Crosscountry Mortgage, LLC | 6,426 | 4.1% |
| 4 | United Wholesale Mortgage | 6,114 | 3.9% |
| 5 | CBNA Year to Date | 5,849 | 3.7% |
Reported outcomes by applicant race in New Jersey
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 164,698 | 57.4% | 18.4% |
| Asian | 32,214 | 52.6% | 16.5% |
| Black or African American | 25,629 | 44.3% | 27.4% |
| Joint | 5,105 | 61.5% | 13.5% |
| American Indian or Alaska Native | 1,258 | 37.0% | 34.3% |
| 2 or more minority races | 639 | 41.5% | 29.6% |
| Native Hawaiian or Other Pacific Islander | 627 | 34.5% | 41.1% |
Every county in New Jersey, by lending volume
County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Ocean County | 29,352 | 14,876 | 16.8% | $330,277 |
| Bergen County | 28,279 | 13,429 | 19.0% | $443,874 |
| Monmouth County | 26,102 | 13,205 | 17.2% | $405,153 |
| Middlesex County | 26,056 | 12,091 | 18.8% | $342,216 |
| Essex County | 23,571 | 10,414 | 20.3% | $497,775 |
| Camden County | 21,637 | 10,528 | 18.1% | $219,684 |
| Burlington County | 21,349 | 10,792 | 17.7% | $261,983 |
| Morris County | 17,929 | 9,073 | 15.4% | $456,138 |
| Union County | 16,703 | 7,674 | 19.7% | $424,315 |
| Gloucester County | 14,305 | 7,265 | 17.3% | $222,457 |
| Hudson County | 14,135 | 6,271 | 18.0% | $665,344 |
| Passaic County | 13,861 | 6,113 | 20.9% | $351,958 |
| Mercer County | 12,566 | 6,365 | 16.6% | $311,147 |
| Somerset County | 11,743 | 5,880 | 16.2% | $415,966 |
| Atlantic County | 11,700 | 5,517 | 19.7% | $251,796 |
| Sussex County | 7,837 | 3,630 | 17.1% | $341,994 |
| Cape May County | 6,403 | 3,569 | 16.4% | $446,282 |
| Cumberland County | 5,247 | 2,506 | 19.0% | $189,734 |
| Hunterdon County | 5,173 | 2,647 | 15.9% | $335,518 |
| Warren County | 5,027 | 2,354 | 18.6% | $245,603 |
| Salem County | 2,892 | 1,461 | 17.2% | $197,386 |
Metro Areas in New Jersey
Frequently Asked Questions
How many mortgage applications were filed in New Jersey?
Where does New Jersey sit among U.S. states for mortgage volume?
What is the mortgage denial rate in New Jersey?
What is the average mortgage loan amount in New Jersey?
How many mortgage lenders operate in New Jersey?
How do mortgage denial rates vary by demographics in New Jersey?
Which counties in New Jersey have the most mortgage activity?
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. 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. 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.