The Mortgage Record
Lender report card · New Jersey

Intercontinental Capital Group

Melville, NY · What the federal mortgage record shows about how Intercontinental Capital Group treated New Jersey applicants, 2018–2025 — 4,149 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.6%
3,927 approved
Denial rate
5.4%
222 denied
Decisions
4,149
2018–2025
Avg. rate spread
+0.47 pp
vs. market benchmark
94.6% approved
5.4% denied

Share of 4,149 New Jersey applications Intercontinental Capital Group approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.6% of 2,674 · NJ 87%FHA92.5% of 1,184 · NJ 79%VA95.1% of 288 · NJ 80%

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

Approval rate over time

88%90%92%94%96%98%91%96%95%95%2018201920202021

Pricing

Adjusting for its loan-type mix, Intercontinental Capital Group’s rates ran +0.07 pp higher than the typical New Jersey lender (average rate spread +0.47 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Intercontinental Capital Group approves

By income
Under $50k90.7% · 353$50–75k92.3% · 614$75–100k93.2% · 800$100–150k95.9% · 1,060$150–250k96.6% · 773$250k+96.3% · 218
By debt-to-income
Under 36%96.9% · 1,38136–43%97.0% · 86443–50%95.9% · 968Over 50%76.2% · 421
By down payment (LTV)
20%+ down95.9% · 2,34710–20% down94.1% · 4275–10% down94.8% · 2293–5% down90.9% · 274Under 3% down87.1% · 93

Why Intercontinental Capital Group denied applications

Debt-to-income ratio39% of denialsCredit history23% of denialsOther15% of denialsCollateral (value/type)10% of denialsEmployment history7% of denialsInsufficient cash to close6% of denials

Where Intercontinental Capital Group lends in NJ

CountyDecisionsApproval
Middlesex County51495.1%
Bergen County43692.0%
Essex County39594.4%
Monmouth County37296.5%
Union County33293.7%
Ocean County31895.9%
Morris County27495.6%
Somerset County22698.7%

Fees & closing costs

Median total loan costs
$9,140
home purchase
As % of loan
3.28%
NJ median 1.93%
Priced originations
694
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Intercontinental Capital Group’s home-purchase originations — 1.34 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $485. 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 Intercontinental Capital Group (LEI 549300DMIVL13D62WX91). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →