Mortgage approvals in Monmouth County, NJ
Real approval and denial rates for home-purchase mortgages in Monmouth County, built from 66,332 federally reported lender decisions, 2018–2025.
Share of 66,332 home-purchase applications that lenders approved vs. denied · 2025: 91.2% approved. Excludes loans withdrawn, left incomplete, or bought on the secondary market.
Approval rate over time
By loan type
FHA and USDA loans serve lower-down-payment and rural buyers; approval patterns differ by program.
Lenders in Monmouth County
Ranked by volume. Approval rate = originated or approved ÷ (those + denied), home purchases 2018–2025.
| Lender | Approval | Decisions | Denied | Avg. rate spread |
|---|---|---|---|---|
| Advisors Mortgage Group, Llc Ocean, NJ | 95.3% | 5,364 | 254 | +0.32 pp |
| Wells Fargo Bank Na Minneapolis, MN | 88.6% | 3,547 | 405 | -0.15 pp |
| Crosscountry Mortgage, Llc Cleveland, OH | 97.9% | 2,897 | 61 | +0.43 pp |
| Rocket Mortgage Detroit, MI | 84.2% | 2,315 | 366 | +0.29 pp |
| United Wholesale Mortgage Pontiac, MI | 90.5% | 2,205 | 210 | +0.23 pp |
| Jpmorgan Chase Bank, Na Columbus, OH | 91.5% | 1,997 | 169 | -0.05 pp |
| Bank Of America Na Westlake Village, CA | 91.0% | 1,946 | 175 | -0.26 pp |
| Nj Lenders Corp Little Falls, NJ | 96.8% | 1,676 | 53 | +0.05 pp |
| Loandepot.com Llc Irvine, CA | 92.3% | 1,531 | 118 | +0.23 pp |
| Guaranteed Rate, Inc. Chicago, IL | 96.5% | 1,151 | 40 | +0.16 pp |
| Homebridge Financial Services, Inc Iselin, NJ | 95.0% | 1,120 | 56 | +0.51 pp |
| American Neighborhood Mortgage Acceptance Company Mt. Laurel, NJ | 95.4% | 1,055 | 49 | +0.56 pp |
Why applications were denied
Primary reason lenders recorded on denied applications. One denial can cite several.
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Monmouth County mortgage FAQ
What is the mortgage approval rate in Monmouth County, NJ?
Lenders approved 91.0% of home-purchase mortgage applications in Monmouth County, New Jersey between 2018 and 2025 — 60,394 approved out of 66,332 decisions. The denial rate was 9.0% (5,938 denied).
Why do mortgage applications get denied in Monmouth County, NJ?
The reason lenders most often recorded for denying home-purchase applications in Monmouth County was debt-to-income ratio, cited on 39% of the 5,938 denials between 2018 and 2025. HMDA does not include applicants' credit scores.
Which lenders make the most mortgages in Monmouth County, NJ?
15 lenders made at least 25 home-purchase decisions in Monmouth County between 2018 and 2025. The most active was Advisors Mortgage Group, Llc, which approved 95.3% of its 5,364 applications there.
What is the most recent mortgage approval rate in Monmouth County, NJ?
In 2025, the most recent year of federal HMDA data, lenders approved 91.2% of home-purchase applications in Monmouth County, New Jersey.
Source: CFPB HMDA loan-level snapshot data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in Monmouth County, NJ. Full methodology →