Lender in New Jersey · HMDA 2025

New American Funding mortgages in New Jersey

New American Funding's 2025 home-purchase and refinance lending in New Jersey, compared with all lenders in the state.

New American Funding originated 985 owner-occupied single-family loans in New Jersey from 1,165 completed applications, making it the state's #22 lender by volume.

Its median conventional purchase loan costs were $6,870 versus $6,720 for all New Jersey lenders, at a median 30-year fixed rate of 6.875% (New Jersey: 6.625%).

Loans in NJ

985

of 1,165 applications

Denial rate

5.5%

Purchase · NJ 8.4%

Rate spread

+0.44 pts

Conv. · NJ +0.12 pts

Loan amount

$405,000

Purchase · NJ $455,000

By loan purpose

Purpose	Applications	Loans	Denial rate	30-yr rate*	Rate spread*	Loan costs*	Median loan
Home purchase	761	713	5.5%	6.875%	+0.44 pts	$6,870	$405,000
Refinance	105	72	29.5%	6.375%	+0.11 pts	$9,020	$355,000
Cash-out refinance	299	200	32.8%	6.875%	+0.50 pts	$9,860	$325,000

*Conventional loans only; medians with at least 20 loans.

New Jersey counties where New American Funding ranks in the top 25

County	Rank	Loans	Market share
Salem County	9	27	3.0%
Gloucester County	13	99	2.2%
Camden County	16	113	1.8%
Sussex County	16	29	1.2%
Union County	17	60	1.3%
Passaic County	17	46	1.2%
Middlesex County	18	85	1.1%
Atlantic County	18	38	1.3%
Cumberland County	18	17	1.1%
Hudson County	19	37	0.9%
Essex County	25	64	1.0%
Warren County	25	12	0.8%

Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology