The Mortgage Record
Lender report card · New Jersey

Atlantic Home Loans, Inc.

Parsippany, NJ · What the federal mortgage record shows about how Atlantic Home Loans, Inc. treated New Jersey applicants, 2018–2025 — 2,585 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
96.5%
2,494 approved
Denial rate
3.5%
91 denied
Decisions
2,585
2018–2025
Avg. rate spread
+0.39 pp
vs. market benchmark
96.5% approved
3.5% denied

Share of 2,585 New Jersey applications Atlantic Home Loans, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional97.8% of 2,086 · NJ 87%FHA90.0% of 450 · NJ 79%VA97.8% of 46 · NJ 80%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

91%93%95%97%99%95%97%97%201820192021

Pricing

Adjusting for its loan-type mix, Atlantic Home Loans, Inc.’s rates ran +0.05 pp higher than the typical New Jersey lender (average rate spread +0.39 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Atlantic Home Loans, Inc. approves

By income
Under $50k86.2% · 123$50–75k94.7% · 301$75–100k96.0% · 449$100–150k96.4% · 773$150–250k98.5% · 659$250k+99.3% · 280
By debt-to-income
Under 36%98.6% · 1,06736–43%98.7% · 60743–50%95.9% · 701Over 50%79.0% · 181
By down payment (LTV)
20%+ down98.1% · 1,16010–20% down97.4% · 3025–10% down97.9% · 2833–5% down91.6% · 215Under 3% down85.1% · 47

Why Atlantic Home Loans, Inc. denied applications

Debt-to-income ratio33% of denialsCredit history29% of denialsCollateral (value/type)20% of denialsOther15% of denialsInsufficient cash to close4% of denialsEmployment history3% of denials

Where Atlantic Home Loans, Inc. lends in NJ

CountyDecisionsApproval
Bergen County74597.9%
Essex County36797.0%
Morris County27196.3%
Union County26493.9%
Passaic County22396.9%
Hudson County12596.0%
Middlesex County11396.5%
Somerset County8896.6%

Fees & closing costs

Median total loan costs
$5,038
home purchase
As % of loan
1.45%
NJ median 1.93%
Priced originations
1,775
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Atlantic Home Loans, Inc.’s home-purchase originations — 0.49 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $421. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Atlantic Home Loans, Inc. to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Atlantic Home Loans, Inc. (LEI 5493001MZ7BCQZ336S33). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →