The Mortgage Record
Lender report card · New Jersey

Manasquan Bank

Wall, NJ · What the federal mortgage record shows about how Manasquan Bank treated New Jersey applicants, 2018–2025 — 2,173 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
97.4%
2,116 approved
Denial rate
2.6%
57 denied
Decisions
2,173
2018–2025
Avg. rate spread
+0.24 pp
vs. market benchmark
97.4% approved
2.6% denied

Share of 2,173 New Jersey applications Manasquan Bank approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional97.4% of 2,173 · NJ 87%

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

Approval rate over time

93%94%95%96%97%98%99%100%98%97%98%97%99%96%202020212022202320242025

Pricing

Adjusting for its loan-type mix, Manasquan Bank’s rates ran +0.01 pp in line with than the typical New Jersey lender (average rate spread +0.24 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Manasquan Bank approves

By income
Under $50k80.9% · 68$50–75k94.8% · 212$75–100k97.7% · 264$100–150k97.9% · 482$150–250k98.1% · 516$250k+98.8% · 603
By debt-to-income
Under 36%98.7% · 1,08836–43%98.4% · 61843–50%97.2% · 426Over 50%47.5% · 40
By down payment (LTV)
20%+ down97.6% · 1,83910–20% down97.2% · 2825–10% down97.7% · 43

Why Manasquan Bank denied applications

Credit history33% of denialsDebt-to-income ratio32% of denialsCollateral (value/type)19% of denialsOther12% of denialsUnverifiable information5% of denialsEmployment history4% of denials

Where Manasquan Bank lends in NJ

CountyDecisionsApproval
Monmouth County1,13697.6%
Ocean County67097.8%
Middlesex County11794.0%
Morris County4397.7%
Mercer County30100.0%
Union County2696.2%
Somerset County2596.0%

Fees & closing costs

Median total loan costs
$6,369
home purchase
As % of loan
1.58%
NJ median 1.93%
Priced originations
858
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Manasquan Bank’s home-purchase originations — 0.35 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $250. 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 Manasquan Bank (LEI 549300VACYYK343SKH92). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →