The Mortgage Record
Lender report card · New Jersey

Member First Mortgage, Llc

Grand Rapids, MI · What the federal mortgage record shows about how Member First Mortgage, Llc treated New Jersey applicants, 2018–2025 — 648 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
65.9%
427 approved
Denial rate
34.1%
221 denied
Decisions
648
2018–2025
Avg. rate spread
+0.30 pp
vs. market benchmark
65.9% approved
34.1% denied

Share of 648 New Jersey applications Member First Mortgage, Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional70.1% of 569 · NJ 87%FHA36.5% of 74 · NJ 79%

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

Approval rate over time

52%64%76%88%100%100%59%55%68%69%71%62%65%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Member First Mortgage, Llc’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 Member First Mortgage, Llc approves

By income
Under $50k33.9% · 62$50–75k60.0% · 110$75–100k60.1% · 148$100–150k71.6% · 155$150–250k76.2% · 122$250k+91.8% · 49
By debt-to-income
Under 36%73.5% · 31736–43%77.9% · 12243–50%73.5% · 98Over 50%24.3% · 111
By down payment (LTV)
20%+ down71.6% · 45010–20% down62.5% · 805–10% down53.1% · 493–5% down47.1% · 51

Why Member First Mortgage, Llc denied applications

Credit history55% of denialsDebt-to-income ratio33% of denialsOther8% of denialsCollateral (value/type)6% of denialsIncomplete application3% of denialsEmployment history2% of denials

Where Member First Mortgage, Llc lends in NJ

CountyDecisionsApproval
Burlington County11365.5%
Atlantic County6154.1%
Gloucester County5064.0%
Middlesex County4564.4%
Camden County4266.7%
Somerset County3979.5%
Hudson County3262.5%
Ocean County3177.4%

Fees & closing costs

Median total loan costs
$5,699
home purchase
As % of loan
1.97%
NJ median 1.93%
Priced originations
185
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Member First Mortgage, Llc’s home-purchase originations — about the 1.93% New Jersey median. Typical lender credit toward costs: $56. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Member First Mortgage, Llc 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 Member First Mortgage, Llc (LEI 5493007L4GYNO2PUBS09). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →