The Mortgage Record
Lender report card · New Jersey

Meadowbrook Financial Mortgage Bankers Corp.

Westbury, NY · What the federal mortgage record shows about how Meadowbrook Financial Mortgage Bankers Corp. treated New Jersey applicants, 2018–2025 — 1,141 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.2%
1,063 approved
Denial rate
6.8%
78 denied
Decisions
1,141
2018–2025
Avg. rate spread
+0.78 pp
vs. market benchmark
93.2% approved
6.8% denied

Share of 1,141 New Jersey applications Meadowbrook Financial Mortgage Bankers Corp. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional93.6% of 832 · NJ 87%FHA91.6% of 298 · NJ 79%

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

Approval rate over time

84%88%92%96%100%97%94%93%97%92%89%95%88%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Meadowbrook Financial Mortgage Bankers Corp.’s rates ran +0.37 pp higher than the typical New Jersey lender (average rate spread +0.78 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Meadowbrook Financial Mortgage Bankers Corp. approves

By income
Under $50k88.3% · 60$50–75k90.6% · 149$75–100k93.6% · 236$100–150k94.0% · 351$150–250k93.8% · 241$250k+95.0% · 101
By debt-to-income
Under 36%96.5% · 25536–43%96.0% · 27743–50%94.1% · 408Over 50%83.2% · 190
By down payment (LTV)
20%+ down94.6% · 57310–20% down93.3% · 1495–10% down88.5% · 1653–5% down94.9% · 136

Why Meadowbrook Financial Mortgage Bankers Corp. denied applications

Debt-to-income ratio37% of denialsOther33% of denialsCollateral (value/type)13% of denialsUnverifiable information10% of denialsCredit history8% of denialsEmployment history6% of denials

Where Meadowbrook Financial Mortgage Bankers Corp. lends in NJ

CountyDecisionsApproval
Middlesex County22192.8%
Bergen County20795.2%
Essex County19090.5%
Union County11592.2%
Hudson County7590.7%
Monmouth County7095.7%
Passaic County6492.2%
Morris County4495.5%

Fees & closing costs

Median total loan costs
$12,984
home purchase
As % of loan
3.46%
NJ median 1.93%
Priced originations
681
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Meadowbrook Financial Mortgage Bankers Corp.’s home-purchase originations — 1.53 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $1,000. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Meadowbrook Financial Mortgage Bankers Corp. 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 Meadowbrook Financial Mortgage Bankers Corp. (LEI 2549008X67CV1MNM7747). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →