New Jersey · Home purchase

Best lenders for lower-income buyers in Passaic County, NJ

On a household income under $75,000, approval odds and lender choice shift. These lenders approve lower-income buyers most often. Based on 6,940 lower-income home-purchase decisions in Passaic County reported to the federal government, 2018–2025 — ranked by how often each lender actually approved, adjusted for sample size.

Lenders for lower-income buyers approval
82.2%
5,708 of 6,940
Denial rate
17.8%
1,232 denied
Decisions
6,940
2018–2025

For lower-income buyers in Passaic County, lenders approved 82.2% — 7 points below the 89% all-buyer average in the county.

Top lenders for lower-income buyers in Passaic County

Lenders with 25+ lower-income buyers decisions here, ranked by a sample-size-adjusted approval rate.

LenderApprovalDecisionsDeniedAvg. rate spread
Nj Lenders Corp
Little Falls, NJ
96.7%76025+0.17 pp
Freedom Mortgage Corporation
Boca Raton, FL
94.0%21713+0.61 pp
Absolute Home Mortgage
Fairfield, NJ
93.8%1127+0.93 pp
Homebridge Financial Services, Inc
Iselin, NJ
89.9%24825+0.81 pp
Nationwide Mortgage Bankers, Inc.
Melville, NY
89.6%18319+1.35 pp
United Mortgage Corp.
Melville, NY
89.4%16017+0.91 pp
Crosscountry Mortgage, Llc
Cleveland, OH
88.1%18522+0.85 pp
Loandepot.com Llc
Irvine, CA
88.3%11113+0.57 pp
American Financial Network, Inc.
Brea, CA
87.9%10713+1.15 pp
Guaranteed Rate, Inc.
Chicago, IL
86.6%14219+0.27 pp
Weichert Financial Services
Morris Plains, NJ
87.4%9512+0.57 pp
Valley National Bank
Morristown, NJ
83.7%9215-0.22 pp
American Neighborhood Mortgage Acceptance Company
Mt. Laurel, NJ
82.9%11119+0.96 pp
Paramount Residential Mortgage
Corona, CA
82.5%11420+0.91 pp
United Wholesale Mortgage
Pontiac, MI
78.8%28360+0.47 pp

Why lower-income buyers were denied here

Debt-to-income ratio54% of denialsCollateral (value/type)15% of denialsOther15% of denialsCredit history11% of denialsUnverifiable information9% of denials

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Other buyer situations in Passaic County

Best FHA lendersBest VA lendersBest lenders for high debt-to-income buyersBest low-down-payment lendersBest investment-property lenders

Best lenders for lower-income buyers in other NJ counties

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Source: CFPB HMDA data, 2018–2025 · first-lien home-purchase mortgages on 1–4 family homes, lower-income buyers in Passaic County, NJ. Rankings describe past approval behavior, not a prediction for your loan. Methodology →