The Mortgage Record
Lender report card · New Jersey

Princeton Mortgage Corporation

Ewing, NJ · What the federal mortgage record shows about how Princeton Mortgage Corporation treated New Jersey applicants, 2018–2025 — 2,085 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
91.8%
1,915 approved
Denial rate
8.2%
170 denied
Decisions
2,085
2018–2025
Avg. rate spread
+0.44 pp
vs. market benchmark
91.8% approved
8.2% denied

Share of 2,085 New Jersey applications Princeton Mortgage Corporation approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional93.8% of 1,712 · NJ 87%FHA81.7% of 323 · NJ 79%VA95.0% of 40 · NJ 80%

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

Approval rate over time

80%84%88%92%96%90%90%96%97%84%87%84%2018201920212022202320242025

Pricing

Adjusting for its loan-type mix, Princeton Mortgage Corporation’s rates ran +0.12 pp higher than the typical New Jersey lender (average rate spread +0.44 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Princeton Mortgage Corporation approves

By income
Under $50k77.9% · 172$50–75k84.8% · 303$75–100k94.2% · 359$100–150k94.0% · 582$150–250k95.5% · 513$250k+95.3% · 149
By debt-to-income
Under 36%94.9% · 89136–43%93.6% · 52843–50%92.6% · 499Over 50%64.2% · 151
By down payment (LTV)
20%+ down95.1% · 1,07510–20% down92.8% · 2225–10% down86.0% · 2073–5% down90.0% · 210Under 3% down69.6% · 69

Why Princeton Mortgage Corporation denied applications

Debt-to-income ratio34% of denialsCollateral (value/type)19% of denialsOther19% of denialsCredit history14% of denialsUnverifiable information11% of denialsInsufficient cash to close5% of denials

Where Princeton Mortgage Corporation lends in NJ

CountyDecisionsApproval
Mercer County39886.7%
Middlesex County25995.0%
Burlington County18289.6%
Monmouth County15196.7%
Camden County11987.4%
Somerset County11495.6%
Bergen County10896.3%
Morris County10295.1%

Fees & closing costs

Median total loan costs
$6,191
home purchase
As % of loan
2.33%
NJ median 1.93%
Priced originations
1,032
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Princeton Mortgage Corporation’s home-purchase originations — 0.40 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $1,086. 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 Princeton Mortgage Corporation (LEI 549300QVGK8WC4HQ3C28). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →