The Mortgage Record
Lender report card · New Jersey

Florida Capital Bank, N.a

Jacksonville, FL · What the federal mortgage record shows about how Florida Capital Bank, N.a treated New Jersey applicants, 2018–2025 — 384 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
83.1%
319 approved
Denial rate
16.9%
65 denied
Decisions
384
2018–2025
Avg. rate spread
+0.55 pp
vs. market benchmark
83.1% approved
16.9% denied

Share of 384 New Jersey applications Florida Capital Bank, 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 Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.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

Conventional84.1% of 283 · NJ 87%FHA82.1% of 84 · NJ 79%

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

Approval rate over time

63%72%81%90%99%88%84%73%87%83%87%96%67%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Florida Capital Bank, N.a’s rates ran +0.16 pp higher than the typical New Jersey lender (average rate spread +0.55 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Florida Capital Bank, N.a approves

By income
Under $50k78.8% · 33$50–75k80.0% · 55$75–100k75.0% · 48$100–150k86.2% · 87$150–250k85.1% · 67$250k+87.4% · 87
By debt-to-income
Under 36%89.5% · 14336–43%84.2% · 10143–50%84.9% · 93Over 50%50.0% · 32
By down payment (LTV)
20%+ down84.4% · 19910–20% down78.9% · 385–10% down81.5% · 273–5% down80.0% · 40

Why Florida Capital Bank, N.a denied applications

Incomplete application34% of denialsDebt-to-income ratio32% of denialsCollateral (value/type)14% of denialsUnverifiable information11% of denialsCredit history8% of denialsOther6% of denials

Where Florida Capital Bank, N.a lends in NJ

CountyDecisionsApproval
Burlington County9386.0%
Camden County4383.7%
Essex County3080.0%
Monmouth County2979.3%

Fees & closing costs

Median total loan costs
$6,854
home purchase
As % of loan
2.16%
NJ median 1.93%
Priced originations
188
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Florida Capital Bank, N.a’s home-purchase originations — 0.23 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $1,293. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Florida Capital Bank, N.a 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 Florida Capital Bank, N.a (LEI 549300ZIXM1VUXPG4D03). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →