The Mortgage Record
Lender report card · New Jersey

Bayshore Mortgage Funding

Timonium, MD · What the federal mortgage record shows about how Bayshore Mortgage Funding treated New Jersey applicants, 2018–2025 — 968 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.5%
915 approved
Denial rate
5.5%
53 denied
Decisions
968
2018–2025
Avg. rate spread
+0.50 pp
vs. market benchmark
94.5% approved
5.5% denied

Share of 968 New Jersey applications Bayshore Mortgage Funding approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.6% of 720 · NJ 87%FHA90.2% of 173 · NJ 79%VA94.6% of 74 · NJ 80%

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

Approval rate over time

47%60%73%86%99%50%94%100%95%91%78%91%94%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Bayshore Mortgage Funding’s rates ran +0.17 pp higher than the typical New Jersey lender (average rate spread +0.50 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Bayshore Mortgage Funding approves

By income
Under $50k91.1% · 90$50–75k98.1% · 104$75–100k92.5% · 120$100–150k93.3% · 239$150–250k96.1% · 257$250k+96.3% · 136
By debt-to-income
Under 36%97.4% · 43136–43%94.1% · 20443–50%93.4% · 196Over 50%80.3% · 76
By down payment (LTV)
20%+ down94.7% · 64310–20% down95.3% · 865–10% down93.8% · 813–5% down94.9% · 98Under 3% down96.3% · 54

Why Bayshore Mortgage Funding denied applications

Debt-to-income ratio26% of denialsCollateral (value/type)25% of denialsCredit history21% of denialsOther17% of denialsIncomplete application9% of denialsInsufficient cash to close6% of denials

Where Bayshore Mortgage Funding lends in NJ

CountyDecisionsApproval
Essex County23896.6%
Monmouth County10590.5%
Camden County10095.0%
Burlington County7793.5%
Morris County7497.3%
Ocean County6095.0%
Bergen County5296.2%
Union County4891.7%

Fees & closing costs

Median total loan costs
$7,138
home purchase
As % of loan
2.52%
NJ median 1.93%
Priced originations
347
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Bayshore Mortgage Funding’s home-purchase originations — 0.59 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $117. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Bayshore Mortgage Funding to other lenders for your profile

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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 Bayshore Mortgage Funding (LEI 549300PEWJWBNEOSS013). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →