The Mortgage Record
Lender report card · New Jersey

Equity Prime Mortgage Llc

Atlanta, GA · What the federal mortgage record shows about how Equity Prime Mortgage Llc treated New Jersey applicants, 2018–2025 — 6,904 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
97.1%
6,706 approved
Denial rate
2.9%
198 denied
Decisions
6,904
2018–2025
Avg. rate spread
+0.80 pp
vs. market benchmark
97.1% approved
2.9% denied

Share of 6,904 New Jersey applications Equity Prime Mortgage Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional98.9% of 3,738 · NJ 87%FHA95.1% of 2,729 · NJ 79%VA94.2% of 382 · NJ 80%USDA98.2% of 55 · NJ 87%

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

Approval rate over time

72%79%86%93%100%99%98%98%99%97%96%92%75%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Equity Prime Mortgage Llc’s rates ran +0.31 pp higher than the typical New Jersey lender (average rate spread +0.80 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Equity Prime Mortgage Llc approves

By income
Under $50k94.2% · 452$50–75k96.6% · 1,168$75–100k97.4% · 1,240$100–150k97.3% · 1,724$150–250k96.6% · 1,273$250k+98.6% · 492
By debt-to-income
Under 36%99.1% · 2,13836–43%97.3% · 1,47443–50%97.1% · 1,836Over 50%92.0% · 1,056
By down payment (LTV)
20%+ down98.0% · 3,25810–20% down96.0% · 8685–10% down95.8% · 5923–5% down96.5% · 1,295Under 3% down94.5% · 325

Why Equity Prime Mortgage Llc denied applications

Debt-to-income ratio32% of denialsOther29% of denialsCredit history19% of denialsUnverifiable information13% of denialsCollateral (value/type)9% of denialsEmployment history6% of denials

Where Equity Prime Mortgage Llc lends in NJ

CountyDecisionsApproval
Ocean County3,33798.9%
Monmouth County63298.3%
Burlington County30695.4%
Atlantic County29699.0%
Essex County27191.1%
Camden County24095.0%
Middlesex County23595.3%
Union County21694.0%

Fees & closing costs

Median total loan costs
$7,314
home purchase
As % of loan
2.84%
NJ median 1.93%
Priced originations
3,153
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Equity Prime Mortgage Llc’s home-purchase originations — 0.91 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $875. 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 Equity Prime Mortgage Llc (LEI 549300K4ZLGS7SRDTL86). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →