The Mortgage Record
Lender report card · New Jersey

Mid-island Mortgage Corp.

Westbury, NY · What the federal mortgage record shows about how Mid-island Mortgage Corp. treated New Jersey applicants, 2018–2025 — 227 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
88.5%
201 approved
Denial rate
11.5%
26 denied
Decisions
227
2018–2025
Avg. rate spread
+0.82 pp
vs. market benchmark
88.5% approved
11.5% denied

Share of 227 New Jersey applications Mid-island Mortgage Corp. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional87.1% of 85 · NJ 87%FHA89.0% of 136 · NJ 79%

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

Approval rate over time

80%85%90%95%100%100%88%86%91%83%86%86%86%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Mid-island Mortgage Corp.’s rates ran +0.17 pp higher than the typical New Jersey lender (average rate spread +0.82 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Mid-island Mortgage Corp. approves

By income
Under $50k100.0% · 37$50–75k80.6% · 31$75–100k89.2% · 37$100–150k83.3% · 54$150–250k94.9% · 39
By debt-to-income
Under 36%94.9% · 3936–43%100.0% · 3243–50%95.9% · 49Over 50%73.8% · 42
By down payment (LTV)
20%+ down95.5% · 663–5% down97.1% · 35

Why Mid-island Mortgage Corp. denied applications

Debt-to-income ratio42% of denialsOther38% of denialsCredit history12% of denialsIncomplete application8% of denialsCollateral (value/type)4% of denialsEmployment history4% of denials

Where Mid-island Mortgage Corp. lends in NJ

CountyDecisionsApproval
Union County3582.9%
Hudson County3296.9%
Bergen County2986.2%
Essex County2785.2%
Middlesex County25100.0%

Fees & closing costs

Median total loan costs
$11,460
home purchase
As % of loan
3.38%
NJ median 1.93%
Priced originations
89
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Mid-island Mortgage Corp.’s home-purchase originations — 1.45 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $462. 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 Mid-island Mortgage Corp. (LEI 549300NZ2IPWRMLAYZ30). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →