Lender report card · New Jersey

Skyrock Mortgage

Rutherford, NJ · What the federal mortgage record shows about how Skyrock Mortgage treated New Jersey applicants, 2018–2025 — 364 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
99.5%
362 approved
Denial rate
0.5%
2 denied
Decisions
364
2018–2025
Avg. rate spread
+0.16 pp
vs. market benchmark
99.5% approved
0.5% denied

Share of 364 New Jersey applications Skyrock Mortgage approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional99.7% of 361 · NJ 87%

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

Approval rate over time

92%94%96%98%100%100%99%20242025

Pricing

Adjusting for its loan-type mix, Skyrock Mortgage’s rates ran -0.07 pp lower than the typical New Jersey lender (average rate spread +0.16 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Skyrock Mortgage approves

By income
$75–100k97.9% · 48$100–150k100.0% · 78$150–250k99.1% · 117$250k+100.0% · 101
By debt-to-income
Under 36%100.0% · 9036–43%98.8% · 8243–50%100.0% · 189
By down payment (LTV)
20%+ down99.7% · 30510–20% down97.4% · 38

Why Skyrock Mortgage denied applications

Collateral (value/type)50% of denialsDebt-to-income ratio50% of denials

Where Skyrock Mortgage lends in NJ

CountyDecisionsApproval
Ocean County155100.0%
Monmouth County84100.0%
Passaic County6098.3%
Bergen County2896.4%

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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 Skyrock Mortgage (LEI 984500B659A36CF0D469). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →