The Mortgage Record
New Jersey · Home purchase mortgages

Mortgage approvals in Union County, NJ

Real approval and denial rates for home-purchase mortgages in Union County, built from 44,152 federally reported lender decisions, 2018–2025.

Approval rate
89.3%
39,435 approved
Denial rate
10.7%
4,717 denied
Lender decisions
44,152
2018–2025
Active lenders
15
≥25 decisions
89.3% approved
10.7% denied

Share of 44,152 home-purchase applications that lenders approved vs. denied · 2025: 90.7% approved. Excludes loans withdrawn, left incomplete, or bought on the secondary market.

Approval rate over time

84%86%88%90%92%88%89%90%91%89%89%90%91%20182019202020212022202320242025

By loan type

Conventional91.4% of 31,067FHA84.6% of 11,871VA83.9% of 1,214

FHA and USDA loans serve lower-down-payment and rural buyers; approval patterns differ by program.

Lenders in Union County

Ranked by volume. Approval rate = originated or approved ÷ (those + denied), home purchases 2018–2025.

LenderApprovalDecisionsDeniedAvg. rate spread
Wells Fargo Bank Na
Minneapolis, MN		89.2%1,928209-0.20 pp
United Wholesale Mortgage
Pontiac, MI		87.1%1,852239+0.29 pp
Rocket Mortgage
Detroit, MI		83.0%1,528260+0.34 pp
Guaranteed Rate, Inc.
Chicago, IL		95.3%1,52472+0.21 pp
Guaranteed Rate Affinity, Llc
Chicago, IL		97.7%1,39932+0.08 pp
Jpmorgan Chase Bank, Na
Columbus, OH		91.2%1,394122-0.05 pp
Bank Of America Na
Westlake Village, CA		88.6%1,346153-0.29 pp
Crosscountry Mortgage, Llc
Cleveland, OH		94.3%1,20269+0.56 pp
Paramount Residential Mortgage
Corona, CA		89.9%1,146116+0.93 pp
Nj Lenders Corp
Little Falls, NJ		96.5%1,06937+0.20 pp
Loandepot.com Llc
Irvine, CA		89.7%1,041107+0.39 pp
Caliber Home Loans, Inc.
Fort Washington, PA		91.4%94882+0.61 pp

Why applications were denied

Debt-to-income ratio39% of denialsCollateral (value/type)18% of denialsOther16% of denialsCredit history14% of denialsIncomplete application12% of denialsInsufficient cash to close11% of denials

Primary reason lenders recorded on denied applications. One denial can cite several.

See which lenders approve borrowers like you

Filter by your income, loan size and loan type to get a Union County lender shortlist.

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Refinance

Refi approval rate
79.3%
36,741 of 46,342
Refi denial rate
20.7%
9,601 denied
Refi decisions
46,342
2018–2025

Best lenders for specific buyers in Union County

Best FHA lendersBest VA lendersBest jumbo lendersBest high-DTI lendersBest low-down-payment lendersBest lower-income lendersBest investment-property lenders

Source: CFPB HMDA loan-level snapshot data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in Union County, NJ. Full methodology →