Mortgage lending in Essex County, New Jersey
Lenders in Essex County, New Jersey reported 22,903 mortgage applications for 2025, according to the CFPB.
22,903 mortgage applications and 11,652 loans originated in 2025; the denial rate was 26.1% of 16,882 applications decided. The median loan was about $465,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Newark, NJ HUD Metro FMR Area.
- 22,903
- Applications
- 11,652
- Loans originated
- 26.1%
- Denial rate
- 4,413 denied of 16,882 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 22,903 | 11,652 |
| 2024 | 21,179 | 10,443 |
| 2023 | 19,416 | 9,352 |
| 2022 | 26,189 | 13,213 |
| 2021 | 43,818 | 25,400 |
| 2020 | 41,248 | 23,832 |
| 2019 | 28,376 | 15,378 |
| 2018 | 24,200 | 12,557 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Rocket Mortgage | 586 | 860 |
| Citizens Bank, NA | 569 | 1,012 |
| Crosscountry Mortgage, LLC | 543 | 924 |
| United Wholesale Mortgage | 530 | 883 |
| Guaranteed Rate, Inc. | 458 | 853 |
| TD Bank | 386 | 737 |
| Bank of America NA | 362 | 908 |
| JPMorgan Chase Bank, NA | 311 | 529 |
| loanDepot.com LLC | 251 | 428 |
| PNC Bank N.A. | 245 | 596 |
| Valley National Bank | 202 | 321 |
| Loan Funder LLC | 174 | 310 |
| Paramount Residential Mortgage | 172 | 281 |
| M&T Bank | 171 | 327 |
| Movement Mortgage, LLC | 160 | 262 |
| Pennymac Loan Services LLC | 151 | 399 |
| Luminate Bank | 148 | 217 |
| Champions Funding, LLC | 135 | 215 |
| Provident Bank | 134 | 239 |
| Newrez LLC | 129 | 488 |
| Constructive Loans LLC | 129 | 150 |
| US Bank, N.A. | 123 | 229 |
| Wells Fargo Bank NA | 122 | 223 |
| CMG Mortgage Inc | 105 | 235 |
| HomeBridge Financial Services, Inc | 104 | 148 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 93 | 57.1% of 63 decided |
| Asian | 2,134 | 16.9% of 1,561 decided |
| Black or African American | 4,874 | 37.6% of 3,518 decided |
| Native Hawaiian or Other Pacific Islander | withheld | |
| White | 8,610 | 21.5% of 6,670 decided |
| 2 or more minority races | 85 | 38.1% of 63 decided |
| Joint | 465 | 15.3% of 360 decided |
| Free Form Text Only | under 10 | |
| Race Not Available | 6,582 | 27.3% of 4,602 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 3,464 | 31.9% of 2,551 decided |
| Not Hispanic or Latino | 13,230 | 24.5% of 9,914 decided |
| Joint | 521 | 17.8% of 404 decided |
| Ethnicity Not Available | 5,674 | 27.1% of 4,004 decided |
| Free Form Text Only | 14 | no rate: base under 50 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 7,750 | 30.0% of 5,709 decided |
| Female | 4,886 | 31.7% of 3,603 decided |
| Joint | 6,660 | 18.4% of 5,106 decided |
| Sex Not Available | 3,607 | 25.0% of 2,464 decided |
A category under 10 applications prints “under 10”, and beside a lone one the next-smallest is withheld too, so neither can be worked out from the whole. No rate is printed on fewer than 50 decisions. A denial rate does not control for credit history, income, debt or the property, so a difference between groups is not a measure of discrimination.
Rankings this appears in
- No. 47 Counties by median mortgage
Sources
- HMDA public loan/application register (LAR) — each year's fullest national release — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- Census Bureau population estimates — nation and states, with components of change — U.S. Census Bureau · U.S. Government work · retrieved September 25, 2026
- HMDA transmittal sheet — every reporting lender, by year, with its name — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Compiled automatically from HMDA public loan/application register (LAR) — each year's fullest national release, Census Bureau population estimates — nation and states, with components of change, HMDA transmittal sheet — every reporting lender, by year, with its name, HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved