New Jersey · Home purchase

Best lenders for low-down-payment buyers in Morris County, NJ

Putting down less than 5% (a 95%+ loan-to-value) makes some lenders cautious. These are the ones that still approve low-down buyers. Based on 4,381 low-down-payment home-purchase decisions in Morris County reported to the federal government, 2018–2025 — ranked by how often each lender actually approved, adjusted for sample size.

Low-down-payment approval
88.6%
3,880 of 4,381
Denial rate
11.4%
501 denied
Decisions
4,381
2018–2025

For low-down-payment buyers in Morris County, lenders approved 88.6% — 4 points below the 93% all-buyer average in the county.

Top lenders for low-down-payment buyers in Morris County

Lenders with 25+ low-down-payment buyers decisions here, ranked by a sample-size-adjusted approval rate.

LenderApprovalDecisionsDeniedAvg. rate spread
Nj Lenders Corp
Little Falls, NJ
96.1%1807+0.57 pp
Absolute Home Mortgage
Fairfield, NJ
95.0%26113+1.02 pp
Movement Mortgage, Llc
Indian Land, SC
98.4%611+0.89 pp
Crosscountry Mortgage, Llc
Cleveland, OH
95.2%1899+0.71 pp
American Financial Network, Inc.
Brea, CA
98.2%571+1.25 pp
Weichert Financial Services
Morris Plains, NJ
94.0%16710+0.69 pp
American Neighborhood Mortgage Acceptance Company
Mt. Laurel, NJ
93.4%15110+1.03 pp
Guaranteed Rate, Inc.
Chicago, IL
91.4%18516+0.60 pp
Northpointe Bank
Grand Rapids, MI
94.3%704+0.74 pp
Family First Funding Llc
Toms River, NJ
91.0%15514+0.95 pp
Homebridge Financial Services, Inc
Iselin, NJ
91.5%716+0.83 pp
Loandepot.com Llc
Irvine, CA
87.0%14619+0.84 pp
United Wholesale Mortgage
Pontiac, MI
84.2%21534+0.35 pp
Home Point Financial Corporation
Ann Arbor, MI
87.3%638+0.99 pp
Caliber Home Loans, Inc.
Fort Washington, PA
85.3%6810+0.65 pp

Why low-down-payment buyers were denied here

Debt-to-income ratio33% of denialsCollateral (value/type)31% of denialsCredit history15% of denialsOther13% of denialsIncomplete application10% of denials

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Other buyer situations in Morris County

Best FHA lendersBest VA lendersBest jumbo lendersBest lenders for high debt-to-income buyersBest lenders for lower-income buyersBest investment-property lenders

Best low-down-payment lenders in other NJ counties

AtlanticBergenBurlingtonCamdenCape MayCumberlandEssexGloucesterHudsonHunterdonMercerMiddlesexMonmouthOceanPassaicSalemSomersetSussexUnionWarren

Source: CFPB HMDA data, 2018–2025 · first-lien home-purchase mortgages on 1–4 family homes, low-down-payment buyers in Morris County, NJ. Rankings describe past approval behavior, not a prediction for your loan. Methodology →