The Mortgage Record
Lender report card · New Jersey

Jmac Lending, Inc.

Costa Mesa, CA · What the federal mortgage record shows about how Jmac Lending, Inc. treated New Jersey applicants, 2018–2025 — 402 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
90.0%
362 approved
Denial rate
10.0%
40 denied
Decisions
402
2018–2025
Avg. rate spread
+0.48 pp
vs. market benchmark
90.0% approved
10.0% denied

Share of 402 New Jersey applications Jmac Lending, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional90.0% of 291 · NJ 87%FHA89.1% of 101 · NJ 79%

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

Approval rate over time

9%31%53%75%97%50%12%73%86%89%94%95%2018201920202022202320242025

Pricing

Adjusting for its loan-type mix, Jmac Lending, Inc.’s rates ran +0.09 pp higher than the typical New Jersey lender (average rate spread +0.48 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Jmac Lending, Inc. approves

By income
$75–100k84.2% · 38$100–150k89.9% · 129$150–250k95.0% · 139$250k+85.7% · 77
By debt-to-income
Under 36%85.2% · 5436–43%93.8% · 4843–50%95.9% · 73Over 50%76.5% · 34
By down payment (LTV)
20%+ down92.6% · 20410–20% down84.3% · 515–10% down94.5% · 553–5% down93.5% · 46

Why Jmac Lending, Inc. denied applications

Debt-to-income ratio38% of denialsOther15% of denialsCollateral (value/type)15% of denialsUnverifiable information12% of denialsInsufficient cash to close10% of denialsIncomplete application8% of denials

Where Jmac Lending, Inc. lends in NJ

CountyDecisionsApproval
Bergen County8091.2%
Ocean County4295.2%
Middlesex County3889.5%
Morris County3691.7%
Passaic County30100.0%
Hudson County2889.3%
Monmouth County2777.8%

Fees & closing costs

Median total loan costs
$11,035
home purchase
As % of loan
2.15%
NJ median 1.93%
Priced originations
294
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Jmac Lending, Inc.’s home-purchase originations — 0.22 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $2,621. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Jmac Lending, Inc. 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 Jmac Lending, Inc. (LEI 5493009B17HXCVXTD608). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →