The Mortgage Record
Lender report card · New Jersey

Nations Lending Corporation

Independence, OH · What the federal mortgage record shows about how Nations Lending Corporation treated New Jersey applicants, 2018–2025 — 3,933 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
92.0%
3,617 approved
Denial rate
8.0%
316 denied
Decisions
3,933
2018–2025
Avg. rate spread
+0.69 pp
vs. market benchmark
92.0% approved
8.0% denied

Share of 3,933 New Jersey applications Nations Lending Corporation approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional93.8% of 2,126 · NJ 87%FHA90.0% of 1,656 · NJ 79%VA89.6% of 144 · NJ 80%

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

Approval rate over time

87%89%91%93%95%93%91%93%91%90%93%93%91%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Nations Lending Corporation’s rates ran +0.17 pp higher than the typical New Jersey lender (average rate spread +0.69 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Nations Lending Corporation approves

By income
Under $50k87.8% · 500$50–75k91.8% · 800$75–100k91.9% · 929$100–150k93.0% · 1,064$150–250k93.8% · 500$250k+95.3% · 127
By debt-to-income
Under 36%96.2% · 92036–43%94.3% · 86643–50%96.0% · 1,298Over 50%86.1% · 762
By down payment (LTV)
20%+ down92.4% · 1,65610–20% down91.3% · 4945–10% down92.2% · 5163–5% down92.3% · 980Under 3% down84.8% · 145

Why Nations Lending Corporation denied applications

Other36% of denialsCredit history28% of denialsDebt-to-income ratio15% of denialsCollateral (value/type)10% of denialsEmployment history3% of denialsIncomplete application3% of denials

Where Nations Lending Corporation lends in NJ

CountyDecisionsApproval
Middlesex County61294.1%
Essex County44289.6%
Union County44291.0%
Passaic County36191.1%
Hudson County26691.4%
Ocean County25392.1%
Bergen County23789.5%
Monmouth County22295.9%

Fees & closing costs

Median total loan costs
$8,686
home purchase
As % of loan
2.67%
NJ median 1.93%
Priced originations
1,979
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Nations Lending Corporation’s home-purchase originations — 0.74 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $202. 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 Nations Lending Corporation (LEI 254900WEP08K7U7S3A80). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →