The Mortgage Record
Lender report card · New Jersey

East Coast Capital Corp.

Melville, NY · What the federal mortgage record shows about how East Coast Capital Corp. treated New Jersey applicants, 2018–2025 — 898 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
92.5%
831 approved
Denial rate
7.5%
67 denied
Decisions
898
2018–2025
Avg. rate spread
+0.69 pp
vs. market benchmark
92.5% approved
7.5% denied

Share of 898 New Jersey applications East Coast Capital Corp. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional94.3% of 557 · NJ 87%FHA89.8% of 322 · NJ 79%

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

Approval rate over time

80%84%88%92%96%94%88%96%95%84%97%96%92%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, East Coast Capital Corp.’s rates ran +0.20 pp higher than the typical New Jersey lender (average rate spread +0.69 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who East Coast Capital Corp. approves

By income
Under $50k92.2% · 51$50–75k89.2% · 111$75–100k90.4% · 177$100–150k93.1% · 274$150–250k94.6% · 203$250k+95.0% · 80
By debt-to-income
Under 36%93.9% · 24636–43%95.4% · 19543–50%95.2% · 294Over 50%80.4% · 138
By down payment (LTV)
20%+ down96.4% · 41110–20% down93.3% · 1055–10% down88.4% · 1293–5% down89.6% · 134Under 3% down86.7% · 60

Why East Coast Capital Corp. denied applications

Debt-to-income ratio46% of denialsCollateral (value/type)21% of denialsCredit history15% of denialsUnverifiable information15% of denialsOther12% of denialsInsufficient cash to close4% of denials

Where East Coast Capital Corp. lends in NJ

CountyDecisionsApproval
Essex County10886.1%
Ocean County10498.1%
Bergen County10295.1%
Monmouth County8998.9%
Middlesex County8688.4%
Hudson County6889.7%
Mercer County6496.9%
Passaic County5490.7%

Fees & closing costs

Median total loan costs
$11,411
home purchase
As % of loan
3.50%
NJ median 1.93%
Priced originations
532
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on East Coast Capital Corp.’s home-purchase originations — 1.57 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $528. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare East Coast Capital Corp. 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 East Coast Capital Corp. (LEI 549300LI3FDGO7UKFF39). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →