The Mortgage Record
Lender report card · New Jersey

Northpointe Bank

Grand Rapids, MI · What the federal mortgage record shows about how Northpointe Bank treated New Jersey applicants, 2018–2025 — 6,230 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
90.8%
5,659 approved
Denial rate
9.2%
571 denied
Decisions
6,230
2018–2025
Avg. rate spread
+0.42 pp
vs. market benchmark
90.8% approved
9.2% denied

Share of 6,230 New Jersey applications Northpointe Bank approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional93.5% of 4,264 · NJ 87%FHA84.6% of 1,830 · NJ 79%VA92.2% of 116 · NJ 80%

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

Approval rate over time

60%69%78%87%96%63%91%94%93%90%85%89%91%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Northpointe Bank’s rates ran +0.01 pp in line with than the typical New Jersey lender (average rate spread +0.42 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Northpointe Bank approves

By income
Under $50k71.4% · 227$50–75k87.8% · 870$75–100k90.8% · 1,233$100–150k91.9% · 1,970$150–250k93.7% · 1,310$250k+93.6% · 560
By debt-to-income
Under 36%99.6% · 1,85936–43%99.2% · 1,42643–50%97.5% · 1,697Over 50%75.3% · 933
By down payment (LTV)
20%+ down99.2% · 2,64210–20% down98.3% · 8665–10% down98.5% · 7503–5% down97.6% · 1,246Under 3% down91.9% · 222

Why Northpointe Bank denied applications

Debt-to-income ratio50% of denialsCollateral (value/type)17% of denialsCredit history16% of denialsUnverifiable information11% of denialsInsufficient cash to close8% of denialsOther7% of denials

Where Northpointe Bank lends in NJ

CountyDecisionsApproval
Essex County86285.7%
Morris County60593.7%
Bergen County54691.0%
Passaic County52488.7%
Union County47391.5%
Hudson County46783.1%
Middlesex County40591.6%
Gloucester County39395.4%

Fees & closing costs

Median total loan costs
$8,403
home purchase
As % of loan
2.70%
NJ median 1.93%
Priced originations
3,858
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Northpointe Bank’s home-purchase originations — 0.76 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $155. 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 Northpointe Bank (LEI 549300UXY7OP0IC38293). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →