The Mortgage Record
Lender report card · New Jersey

Prosperity Home Mortgage, Llc

Chantilly, VA · What the federal mortgage record shows about how Prosperity Home Mortgage, Llc treated New Jersey applicants, 2018–2025 — 10,150 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.0%
9,444 approved
Denial rate
7.0%
706 denied
Decisions
10,150
2018–2025
Avg. rate spread
+0.34 pp
vs. market benchmark
93.0% approved
7.0% denied

Share of 10,150 New Jersey applications Prosperity Home 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 Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.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

Conventional94.9% of 8,154 · NJ 87%FHA84.3% of 1,680 · NJ 79%VA91.6% of 285 · NJ 80%USDA87.1% of 31 · NJ 87%

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

Approval rate over time

86%89%92%95%98%97%96%94%93%91%89%92%94%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Prosperity Home Mortgage, Llc’s rates ran +0.01 pp in line with than the typical New Jersey lender (average rate spread +0.34 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Prosperity Home Mortgage, Llc approves

By income
Under $50k78.2% · 711$50–75k90.4% · 1,633$75–100k93.6% · 1,731$100–150k94.4% · 2,569$150–250k95.7% · 2,130$250k+96.8% · 1,301
By debt-to-income
Under 36%96.5% · 3,80436–43%95.4% · 2,69943–50%94.7% · 2,924Over 50%56.8% · 639
By down payment (LTV)
20%+ down94.7% · 4,97410–20% down94.4% · 1,3845–10% down92.6% · 1,3303–5% down89.8% · 1,018Under 3% down84.2% · 964

Why Prosperity Home Mortgage, Llc denied applications

Debt-to-income ratio43% of denialsCollateral (value/type)30% of denialsCredit history23% of denialsInsufficient cash to close8% of denialsUnverifiable information8% of denialsOther6% of denials

Where Prosperity Home Mortgage, Llc lends in NJ

CountyDecisionsApproval
Camden County1,28791.5%
Burlington County1,14193.8%
Atlantic County1,00891.6%
Cape May County99495.3%
Gloucester County86294.2%
Mercer County68192.8%
Monmouth County67393.6%
Middlesex County56293.8%

Fees & closing costs

Median total loan costs
$5,803
home purchase
As % of loan
2.00%
NJ median 1.93%
Priced originations
8,170
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Prosperity Home Mortgage, Llc’s home-purchase originations — 0.07 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $285. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Prosperity Home Mortgage, 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 Prosperity Home Mortgage, Llc (LEI 5493005PKOSG7MYX0B34). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →