The Mortgage Record
Lender report card · New Jersey

Nationstar Mortgage

Coppell, TX · What the federal mortgage record shows about how Nationstar Mortgage treated New Jersey applicants, 2018–2025 — 21,535 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
81.9%
17,629 approved
Denial rate
18.1%
3,906 denied
Decisions
21,535
2018–2025
Avg. rate spread
+0.61 pp
vs. market benchmark
81.9% approved
18.1% denied

Share of 21,535 New Jersey applications Nationstar Mortgage approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional84.4% of 13,990 · NJ 87%FHA75.5% of 6,388 · NJ 79%VA87.1% of 1,143 · NJ 80%

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

Approval rate over time

72%76%80%84%88%77%76%81%85%83%84%84%83%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Nationstar Mortgage’s rates ran +0.21 pp higher than the typical New Jersey lender (average rate spread +0.61 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Nationstar Mortgage approves

By income
Under $50k59.1% · 1,167$50–75k74.3% · 2,758$75–100k79.6% · 3,512$100–150k85.0% · 5,061$150–250k88.1% · 3,506$250k+86.6% · 883
By debt-to-income
Under 36%88.4% · 5,86536–43%86.6% · 4,05843–50%83.7% · 4,604Over 50%48.4% · 2,358
By down payment (LTV)
20%+ down82.8% · 13,54410–20% down77.3% · 1,1875–10% down71.6% · 3243–5% down65.3% · 274Under 3% down62.2% · 143

Why Nationstar Mortgage denied applications

Incomplete application36% of denialsDebt-to-income ratio24% of denialsCollateral (value/type)12% of denialsOther12% of denialsCredit history9% of denialsUnverifiable information4% of denials

Where Nationstar Mortgage lends in NJ

CountyDecisionsApproval
Ocean County2,05983.8%
Middlesex County1,86983.4%
Monmouth County1,81884.8%
Bergen County1,75380.5%
Burlington County1,58683.0%
Camden County1,50980.8%
Essex County1,37877.8%
Union County1,30180.0%

Fees & closing costs

Median total loan costs
$7,020
home purchase
As % of loan
2.54%
NJ median 1.93%
Priced originations
970
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Nationstar Mortgage’s home-purchase originations — 0.61 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $302. 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 Nationstar Mortgage (LEI 549300LBCBNR1OT00651). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →