The Mortgage Record
Lender report card · New Jersey

Investors Bank

Iselin, NJ · What the federal mortgage record shows about how Investors Bank treated New Jersey applicants, 2018–2025 — 10,464 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
90.8%
9,499 approved
Denial rate
9.2%
965 denied
Decisions
10,464
2018–2025
Avg. rate spread
+0.11 pp
vs. market benchmark
90.8% approved
9.2% denied

Share of 10,464 New Jersey applications Investors Bank approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional91.1% of 10,378 · NJ 87%FHA57.0% of 86 · NJ 79%

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

Approval rate over time

84%86%88%90%92%94%92%87%91%92%91%20182019202020212022

Pricing

Adjusting for its loan-type mix, Investors Bank’s rates ran -0.12 pp lower than the typical New Jersey lender (average rate spread +0.11 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Investors Bank approves

By income
Under $50k72.8% · 563$50–75k87.0% · 1,206$75–100k88.6% · 1,242$100–150k92.2% · 2,117$150–250k93.8% · 2,648$250k+93.3% · 2,527
By debt-to-income
Under 36%95.1% · 5,69336–43%93.4% · 2,81343–50%88.9% · 1,625Over 50%4.2% · 333
By down payment (LTV)
20%+ down92.1% · 6,85910–20% down84.9% · 7845–10% down84.3% · 3763–5% down82.4% · 239Under 3% down40.7% · 54

Why Investors Bank denied applications

Debt-to-income ratio34% of denialsCollateral (value/type)26% of denialsUnverifiable information17% of denialsCredit history14% of denialsOther12% of denialsEmployment history3% of denials

Where Investors Bank lends in NJ

CountyDecisionsApproval
Essex County1,32988.3%
Monmouth County1,17891.6%
Morris County1,09194.0%
Union County89087.8%
Bergen County87788.8%
Ocean County84790.2%
Middlesex County80492.2%
Mercer County78291.8%

Fees & closing costs

Median total loan costs
$4,843
home purchase
As % of loan
1.35%
NJ median 1.93%
Priced originations
3,736
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Investors Bank’s home-purchase originations — 0.58 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $428. 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 Investors Bank (LEI 5493002VB77GOYB9O402). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →