The Mortgage Record
Lender report card · New Jersey

Loandepot.com Llc

Irvine, CA · What the federal mortgage record shows about how Loandepot.com Llc treated New Jersey applicants, 2018–2025 — 55,877 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
83.9%
46,888 approved
Denial rate
16.1%
8,989 denied
Decisions
55,877
2018–2025
Avg. rate spread
+0.19 pp
vs. market benchmark
83.9% approved
16.1% denied

Share of 55,877 New Jersey applications Loandepot.com Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional87.3% of 45,850 · NJ 87%FHA66.6% of 7,844 · NJ 79%VA75.1% of 2,154 · NJ 80%USDA65.5% of 29 · NJ 87%

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

Approval rate over time

72%76%80%84%88%76%79%87%87%80%81%83%86%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Loandepot.com Llc’s rates ran -0.11 pp lower than the typical New Jersey lender (average rate spread +0.19 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Loandepot.com Llc approves

By income
Under $50k50.7% · 2,860$50–75k73.3% · 6,904$75–100k80.9% · 8,820$100–150k86.0% · 14,279$150–250k90.6% · 14,377$250k+93.0% · 7,783
By debt-to-income
Under 36%90.2% · 23,28336–43%87.9% · 13,03043–50%84.3% · 13,687Over 50%43.9% · 4,987
By down payment (LTV)
20%+ down84.7% · 38,51010–20% down85.6% · 6,1175–10% down88.0% · 3,5263–5% down84.6% · 2,469Under 3% down65.1% · 1,099

Why Loandepot.com Llc denied applications

Debt-to-income ratio32% of denialsIncomplete application24% of denialsCollateral (value/type)19% of denialsCredit history12% of denialsUnverifiable information10% of denialsOther9% of denials

Where Loandepot.com Llc lends in NJ

CountyDecisionsApproval
Hudson County7,05892.6%
Bergen County5,97185.6%
Middlesex County5,40884.1%
Ocean County5,04983.5%
Monmouth County4,59184.5%
Essex County4,23281.6%
Morris County3,89687.7%
Union County2,93682.1%

Fees & closing costs

Median total loan costs
$5,964
home purchase
As % of loan
1.54%
NJ median 1.93%
Priced originations
17,750
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Loandepot.com Llc’s home-purchase originations — 0.39 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $501. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Loandepot.com Llc 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 Loandepot.com Llc (LEI 549300AG64NHILB7ZP05). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →