The Mortgage Record
Lender report card · New Jersey

Homebridge Financial Services, Inc

Iselin, NJ · What the federal mortgage record shows about how Homebridge Financial Services, Inc treated New Jersey applicants, 2018–2025 — 17,738 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
91.3%
16,190 approved
Denial rate
8.7%
1,548 denied
Decisions
17,738
2018–2025
Avg. rate spread
+0.62 pp
vs. market benchmark
91.3% approved
8.7% denied

Share of 17,738 New Jersey applications Homebridge Financial Services, Inc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional92.3% of 11,309 · NJ 87%FHA89.0% of 5,649 · NJ 79%VA92.6% of 727 · NJ 80%USDA96.2% of 53 · NJ 87%

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

Approval rate over time

58%68%78%88%98%94%96%96%92%77%74%62%65%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Homebridge Financial Services, Inc’s rates ran +0.19 pp higher than the typical New Jersey lender (average rate spread +0.62 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Homebridge Financial Services, Inc approves

By income
Under $50k87.3% · 1,184$50–75k90.3% · 2,588$75–100k91.2% · 3,322$100–150k91.6% · 4,717$150–250k92.1% · 3,172$250k+89.7% · 1,218
By debt-to-income
Under 36%93.6% · 5,23836–43%93.1% · 3,89643–50%92.1% · 4,582Over 50%80.0% · 2,455
By down payment (LTV)
20%+ down90.8% · 7,06410–20% down89.8% · 2,0325–10% down91.1% · 1,9333–5% down90.0% · 2,404Under 3% down89.1% · 689

Why Homebridge Financial Services, Inc denied applications

Unverifiable information29% of denialsDebt-to-income ratio22% of denialsCredit history18% of denialsOther15% of denialsIncomplete application15% of denialsCollateral (value/type)13% of denials

Where Homebridge Financial Services, Inc lends in NJ

CountyDecisionsApproval
Bergen County2,32990.9%
Monmouth County2,21795.3%
Middlesex County1,91890.8%
Ocean County1,88892.9%
Passaic County1,64391.5%
Essex County1,29788.5%
Morris County1,07192.4%
Union County91288.4%

Fees & closing costs

Median total loan costs
$8,164
home purchase
As % of loan
2.83%
NJ median 1.93%
Priced originations
8,141
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Homebridge Financial Services, Inc’s home-purchase originations — 0.90 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $1,671. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Homebridge Financial Services, Inc 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 Homebridge Financial Services, Inc (LEI 5493001WHVQBGRSWEU75). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →