Mortgage lending in Somerset County, New Jersey
Lenders in Somerset County, New Jersey reported 11,569 mortgage applications for 2025, according to the CFPB.
11,569 mortgage applications and 6,703 loans originated in 2025; the denial rate was 20.2% of 8,896 applications decided. The median loan was about $365,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area.
- 11,569
- Applications
- 6,703
- Loans originated
- 20.2%
- Denial rate
- 1,793 denied of 8,896 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 11,569 | 6,703 |
| 2024 | 10,515 | 5,890 |
| 2023 | 9,402 | 5,059 |
| 2022 | 13,694 | 7,991 |
| 2021 | 25,932 | 16,620 |
| 2020 | 26,317 | 17,089 |
| 2019 | 15,710 | 9,438 |
| 2018 | 13,458 | 7,947 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Rocket Mortgage | 538 | 697 |
| Bank of America NA | 313 | 690 |
| United Wholesale Mortgage | 290 | 423 |
| PNC Bank N.A. | 278 | 490 |
| TD Bank | 275 | 486 |
| Affinity Federal Credit Union | 267 | 409 |
| Citizens Bank, NA | 233 | 368 |
| Crosscountry Mortgage, LLC | 203 | 322 |
| JPMorgan Chase Bank, NA | 166 | 269 |
| Embrace Home Loans, Inc. | 150 | 179 |
| Guaranteed Rate, Inc. | 132 | 262 |
| loanDepot.com LLC | 121 | 189 |
| Pennymac Loan Services LLC | 117 | 239 |
| Guaranteed Rate Affinity, LLC | 103 | 149 |
| Movement Mortgage, LLC | 89 | 128 |
| Newrez LLC | 88 | 260 |
| Valley National Bank | 84 | 122 |
| K. Hovnanian American Mortgage | 81 | 96 |
| US Bank, N.A. | 73 | 120 |
| Wells Fargo Bank NA | 72 | 112 |
| Provident Bank | 69 | 125 |
| M&T Bank | 67 | 114 |
| CMG Mortgage Inc | 63 | 93 |
| Nationstar Mortgage | 61 | 93 |
| Advisors Mortgage Group, LLC | 52 | 62 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 31 | no rate: base under 50 |
| Asian | 2,748 | 18.6% of 2,076 decided |
| Black or African American | 851 | 28.9% of 664 decided |
| Native Hawaiian or Other Pacific Islander | withheld | |
| White | 5,420 | 18.6% of 4,326 decided |
| 2 or more minority races | 22 | no rate: base under 50 |
| Joint | 261 | 15.4% of 214 decided |
| Free Form Text Only | under 10 | |
| Race Not Available | 2,214 | 22.5% of 1,561 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 1,215 | 29.5% of 958 decided |
| Not Hispanic or Latino | 8,062 | 18.7% of 6,296 decided |
| Joint | withheld | |
| Ethnicity Not Available | 1,930 | 21.1% of 1,352 decided |
| Free Form Text Only | under 10 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 4,110 | 23.0% of 3,149 decided |
| Female | 2,200 | 23.3% of 1,706 decided |
| Joint | 4,297 | 15.5% of 3,405 decided |
| Sex Not Available | 962 | 22.3% of 636 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. 126 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