The Mortgage Record
Lender report card · New Jersey

Columbia Bank

Fair Lawn, NJ · What the federal mortgage record shows about how Columbia Bank treated New Jersey applicants, 2018–2025 — 11,896 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
92.8%
11,043 approved
Denial rate
7.2%
853 denied
Decisions
11,896
2018–2025
Avg. rate spread
-0.22 pp
vs. market benchmark
92.8% approved
7.2% denied

Share of 11,896 New Jersey applications Columbia Bank approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional92.9% of 11,866 · NJ 87%FHA69.0% of 29 · NJ 79%

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

Approval rate over time

86%88%90%92%94%96%90%91%93%95%95%91%92%89%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Columbia Bank’s rates ran -0.45 pp lower than the typical New Jersey lender (average rate spread -0.22 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Columbia Bank approves

By income
Under $50k69.4% · 625$50–75k89.2% · 1,446$75–100k93.2% · 1,801$100–150k93.6% · 2,856$150–250k95.6% · 2,983$250k+97.4% · 2,040
By debt-to-income
Under 36%97.1% · 6,52836–43%96.7% · 3,21743–50%93.6% · 1,637Over 50%10.4% · 498
By down payment (LTV)
20%+ down94.3% · 8,39410–20% down89.6% · 7495–10% down91.6% · 7343–5% down92.1% · 380Under 3% down44.9% · 49

Why Columbia Bank denied applications

Debt-to-income ratio57% of denialsCredit history22% of denialsCollateral (value/type)19% of denialsOther10% of denialsIncomplete application5% of denialsUnverifiable information2% of denials

Where Columbia Bank lends in NJ

CountyDecisionsApproval
Bergen County2,49793.5%
Passaic County1,19491.5%
Middlesex County1,16892.0%
Morris County98094.7%
Monmouth County92792.3%
Essex County89492.8%
Union County74889.8%
Camden County57893.6%

Fees & closing costs

Median total loan costs
$3,769
home purchase
As % of loan
0.97%
NJ median 1.93%
Priced originations
3,878
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Columbia Bank’s home-purchase originations — 0.96 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $750. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Columbia Bank to other lenders for your profile

Enter your income, county, DTI and down payment to see who approves borrowers like you.

Open the approval tool →

Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Columbia Bank (LEI 5493005LKFCLR81TSN28). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →