The Mortgage Record
Lender report card · New Jersey

Everbank N.a.

Jacksonville, FL · What the federal mortgage record shows about how Everbank N.a. treated New Jersey applicants, 2018–2025 — 2,056 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
79.0%
1,624 approved
Denial rate
21.0%
432 denied
Decisions
2,056
2018–2025
Avg. rate spread
+0.30 pp
vs. market benchmark
79.0% approved
21.0% denied

Share of 2,056 New Jersey applications Everbank N.a. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional80.9% of 1,834 · NJ 87%FHA60.8% of 189 · NJ 79%VA79.3% of 29 · NJ 80%

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

Approval rate over time

69%73%77%81%85%85%73%73%79%2018201920202021

Pricing

Adjusting for its loan-type mix, Everbank N.a.’s rates ran +0.03 pp in line with than the typical New Jersey lender (average rate spread +0.30 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Everbank N.a. approves

By income
Under $50k30.0% · 110$50–75k71.0% · 221$75–100k78.6% · 276$100–150k80.9% · 538$150–250k88.1% · 496$250k+83.3% · 354
By debt-to-income
Under 36%86.2% · 89836–43%90.4% · 48943–50%83.4% · 440Over 50%17.9% · 218
By down payment (LTV)
20%+ down75.5% · 88710–20% down72.2% · 975–10% down72.4% · 58Under 3% down41.4% · 29

Why Everbank N.a. denied applications

Debt-to-income ratio48% of denialsCredit history33% of denialsOther20% of denialsCollateral (value/type)12% of denialsInsufficient cash to close9% of denialsUnverifiable information3% of denials

Where Everbank N.a. lends in NJ

CountyDecisionsApproval
Bergen County30078.3%
Morris County28086.4%
Essex County22180.5%
Ocean County17973.2%
Monmouth County16374.8%
Union County13183.2%
Middlesex County12980.6%
Somerset County11284.8%

Fees & closing costs

Median total loan costs
$5,008
home purchase
As % of loan
1.48%
NJ median 1.93%
Priced originations
963
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Everbank N.a.’s home-purchase originations — 0.46 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $526. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

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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 Everbank N.a. (LEI 5Z1UQ1CWY0DQ3KJWDQ07). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →