The Mortgage Record
Lender report card · New Jersey

The Loan Store, Inc

Tucson, AZ · What the federal mortgage record shows about how The Loan Store, Inc treated New Jersey applicants, 2018–2025 — 1,635 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
89.7%
1,467 approved
Denial rate
10.3%
168 denied
Decisions
1,635
2018–2025
Avg. rate spread
+0.37 pp
vs. market benchmark
89.7% approved
10.3% denied

Share of 1,635 New Jersey applications The Loan Store, Inc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional90.1% of 1,570 · NJ 87%FHA81.0% of 58 · NJ 79%

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

Approval rate over time

66%73%80%87%94%69%83%92%83%87%90%93%2018201920212022202320242025

Pricing

Adjusting for its loan-type mix, The Loan Store, Inc’s rates ran +0.11 pp higher than the typical New Jersey lender (average rate spread +0.37 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who The Loan Store, Inc approves

By income
Under $50k93.2% · 161$50–75k80.6% · 93$75–100k83.3% · 156$100–150k86.5% · 327$150–250k90.7% · 440$250k+93.9% · 458
By debt-to-income
Under 36%95.5% · 53336–43%92.4% · 34243–50%92.2% · 512Over 50%42.5% · 106
By down payment (LTV)
20%+ down92.8% · 1,16310–20% down87.6% · 1935–10% down88.6% · 1143–5% down86.0% · 43

Why The Loan Store, Inc denied applications

Debt-to-income ratio39% of denialsCollateral (value/type)26% of denialsIncomplete application11% of denialsInsufficient cash to close9% of denialsUnverifiable information7% of denialsOther5% of denials

Where The Loan Store, Inc lends in NJ

CountyDecisionsApproval
Ocean County23991.6%
Middlesex County20689.8%
Bergen County15489.6%
Union County13588.9%
Monmouth County11491.2%
Hudson County11082.7%
Burlington County9090.0%
Essex County8887.5%

Fees & closing costs

Median total loan costs
$9,478
home purchase
As % of loan
2.46%
NJ median 1.93%
Priced originations
906
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on The Loan Store, Inc’s home-purchase originations — 0.52 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $4,053. 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 The Loan Store, Inc (LEI 254900DTLHVWQ7NP7R34). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →