The Mortgage Record
Lender report card · New Jersey

1ST Colonial Community Bank

Collingswood, NJ · What the federal mortgage record shows about how 1ST Colonial Community Bank treated New Jersey applicants, 2018–2025 — 3,340 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.9%
3,170 approved
Denial rate
5.1%
170 denied
Decisions
3,340
2018–2025
Avg. rate spread
+0.41 pp
vs. market benchmark
94.9% approved
5.1% denied

Share of 3,340 New Jersey applications 1ST Colonial Community Bank approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.5% of 2,578 · NJ 87%FHA93.2% of 644 · NJ 79%VA92.0% of 87 · NJ 80%USDA90.3% of 31 · NJ 87%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

89%91%93%95%97%99%98%95%93%95%95%92%96%95%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, 1ST Colonial Community Bank’s rates ran +0.05 pp higher than the typical New Jersey lender (average rate spread +0.41 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who 1ST Colonial Community Bank approves

By income
Under $50k94.3% · 245$50–75k93.2% · 628$75–100k94.7% · 622$100–150k95.1% · 853$150–250k95.9% · 641$250k+96.7% · 333
By debt-to-income
Under 36%96.7% · 1,31736–43%96.7% · 89143–50%96.8% · 934Over 50%77.3% · 163
By down payment (LTV)
20%+ down96.8% · 1,58610–20% down94.2% · 3115–10% down95.1% · 2673–5% down94.7% · 187Under 3% down93.2% · 530

Why 1ST Colonial Community Bank denied applications

Incomplete application37% of denialsDebt-to-income ratio22% of denialsCollateral (value/type)18% of denialsCredit history9% of denialsOther6% of denialsUnverifiable information5% of denials

Where 1ST Colonial Community Bank lends in NJ

CountyDecisionsApproval
Camden County1,20294.7%
Burlington County70194.9%
Gloucester County69696.4%
Atlantic County19893.4%
Cape May County15096.7%
Ocean County9497.9%
Salem County6098.3%
Mercer County4292.9%

Fees & closing costs

Median total loan costs
$4,663
home purchase
As % of loan
2.10%
NJ median 1.93%
Priced originations
2,187
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on 1ST Colonial Community Bank’s home-purchase originations — 0.17 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $82. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by 1ST Colonial Community Bank (LEI 54930089Y8VTOF8RPD25). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →