The Mortgage Record
Lender report card · New Jersey

First Mortgage Solutions, Llc

Kansas City, MO · What the federal mortgage record shows about how First Mortgage Solutions, Llc treated New Jersey applicants, 2018–2025 — 319 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
85.3%
272 approved
Denial rate
14.7%
47 denied
Decisions
319
2018–2025
Avg. rate spread
-0.12 pp
vs. market benchmark
85.3% approved
14.7% denied

Share of 319 New Jersey applications First Mortgage Solutions, Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional86.5% of 260 · NJ 87%VA86.1% of 36 · NJ 80%

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

Approval rate over time

77%81%85%89%93%90%90%92%80%80%20182019202020212022

Pricing

Adjusting for its loan-type mix, First Mortgage Solutions, Llc’s rates ran -0.35 pp lower than the typical New Jersey lender (average rate spread -0.12 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who First Mortgage Solutions, Llc approves

By income
$75–100k78.4% · 37$100–150k88.2% · 93$150–250k88.8% · 116$250k+91.5% · 47
By debt-to-income
Under 36%91.3% · 15036–43%89.8% · 5943–50%83.3% · 72Over 50%57.9% · 38
By down payment (LTV)
20%+ down86.3% · 22710–20% down77.8% · 36

Why First Mortgage Solutions, Llc denied applications

Incomplete application36% of denialsDebt-to-income ratio34% of denialsCollateral (value/type)13% of denialsCredit history11% of denialsOther6% of denialsEmployment history4% of denials

Where First Mortgage Solutions, Llc lends in NJ

CountyDecisionsApproval
Bergen County4383.7%
Essex County3485.3%
Middlesex County3190.3%
Hudson County3070.0%
Monmouth County2785.2%

Fees & closing costs

Median total loan costs
$5,861
home purchase
As % of loan
1.36%
NJ median 1.93%
Priced originations
79
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on First Mortgage Solutions, Llc’s home-purchase originations — 0.57 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $842. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare First Mortgage Solutions, Llc 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 First Mortgage Solutions, Llc (LEI 549300V1JRN7CMTCF305). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →