Lender report card · New Jersey

Interstate Home Loan Center, Inc.

Melville, NY · What the federal mortgage record shows about how Interstate Home Loan Center, Inc. treated New Jersey applicants, 2018–2025 — 204 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.6%
191 approved
Denial rate
6.4%
13 denied
Decisions
204
2018–2025
Avg. rate spread
+0.62 pp
vs. market benchmark
93.6% approved
6.4% denied

Share of 204 New Jersey applications Interstate Home Loan Center, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.5% of 154 · NJ 87%FHA88.9% of 45 · NJ 79%

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

Approval rate over time

77%82%87%92%97%81%90%98%100%100%100%100%92%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Interstate Home Loan Center, Inc.’s rates ran +0.24 pp higher than the typical New Jersey lender (average rate spread +0.62 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Interstate Home Loan Center, Inc. approves

By income
$75–100k94.7% · 38$100–150k97.1% · 68$150–250k100.0% · 42
By debt-to-income
Under 36%98.2% · 5536–43%97.7% · 4443–50%94.2% · 69Over 50%80.6% · 31
By down payment (LTV)
20%+ down100.0% · 108

Why Interstate Home Loan Center, Inc. denied applications

Debt-to-income ratio46% of denialsCollateral (value/type)23% of denialsCredit history15% of denialsOther15% of denialsIncomplete application8% of denialsUnverifiable information8% of denials

Where Interstate Home Loan Center, Inc. lends in NJ

CountyDecisionsApproval
Bergen County33100.0%

Fees & closing costs

Median total loan costs
$9,875
home purchase
As % of loan
3.11%
NJ median 1.93%
Priced originations
100
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Interstate Home Loan Center, Inc.’s home-purchase originations — 1.18 points higher than the 1.93% New Jersey median. 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 Interstate Home Loan Center, Inc. (LEI 5493003X6Y6JGJKHPA25). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →