The Mortgage Record
Lender report card · New Jersey

Emm Loans Llc

Cherry Hill, NJ · What the federal mortgage record shows about how Emm Loans Llc treated New Jersey applicants, 2018–2025 — 4,523 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.1%
4,212 approved
Denial rate
6.9%
311 denied
Decisions
4,523
2018–2025
Avg. rate spread
+0.54 pp
vs. market benchmark
93.1% approved
6.9% denied

Share of 4,523 New Jersey applications Emm Loans Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional96.2% of 3,074 · NJ 87%FHA86.0% of 1,229 · NJ 79%VA90.2% of 173 · NJ 80%USDA87.2% of 47 · NJ 87%

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

Approval rate over time

85%88%91%94%97%92%89%91%94%97%95%94%94%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Emm Loans Llc’s rates ran +0.14 pp higher than the typical New Jersey lender (average rate spread +0.54 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Emm Loans Llc approves

By income
Under $50k78.9% · 299$50–75k89.0% · 775$75–100k92.5% · 917$100–150k95.0% · 1,251$150–250k97.2% · 908$250k+98.1% · 372
By debt-to-income
Under 36%94.3% · 1,93736–43%93.8% · 95043–50%94.0% · 1,143Over 50%85.3% · 443
By down payment (LTV)
20%+ down95.7% · 2,31610–20% down96.1% · 5195–10% down96.0% · 5273–5% down87.8% · 622Under 3% down77.5% · 302

Why Emm Loans Llc denied applications

Debt-to-income ratio35% of denialsCollateral (value/type)23% of denialsOther22% of denialsCredit history19% of denialsInsufficient cash to close12% of denialsEmployment history8% of denials

Where Emm Loans Llc lends in NJ

CountyDecisionsApproval
Camden County47091.5%
Burlington County45494.3%
Monmouth County39492.6%
Ocean County39394.9%
Bergen County35996.7%
Gloucester County31092.3%
Atlantic County30191.7%
Cape May County23196.5%

Fees & closing costs

Median total loan costs
$7,890
home purchase
As % of loan
2.84%
NJ median 1.93%
Priced originations
2,392
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Emm Loans Llc’s home-purchase originations — 0.91 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $375. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Emm Loans Llc to other lenders for your profile

Enter your income, county, DTI and down payment to see who approves borrowers like you.

Open the approval tool →

Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Emm Loans Llc (LEI 549300EMNDEK4BA8WB53). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →