The Mortgage Record
Lender report card · New Jersey

Toll Brothers Mortgage Company

Fort Washington, PA · What the federal mortgage record shows about how Toll Brothers Mortgage Company treated New Jersey applicants, 2018–2025 — 2,680 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.2%
2,525 approved
Denial rate
5.8%
155 denied
Decisions
2,680
2018–2025
Avg. rate spread
+0.07 pp
vs. market benchmark
94.2% approved
5.8% denied

Share of 2,680 New Jersey applications Toll Brothers Mortgage Company approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional94.2% of 2,674 · NJ 87%

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

Approval rate over time

86%89%92%95%98%98%97%95%92%91%93%95%90%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Toll Brothers Mortgage Company’s rates ran -0.16 pp lower than the typical New Jersey lender (average rate spread +0.07 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Toll Brothers Mortgage Company approves

By income
Under $50k17.2% · 29$50–75k77.5% · 40$75–100k90.8% · 98$100–150k91.4% · 359$150–250k95.8% · 933$250k+96.5% · 1,221
By debt-to-income
Under 36%97.5% · 1,20736–43%98.8% · 72043–50%97.9% · 622Over 50%21.4% · 131
By down payment (LTV)
20%+ down93.7% · 2,08310–20% down91.1% · 1585–10% down94.8% · 58

Why Toll Brothers Mortgage Company denied applications

Debt-to-income ratio70% of denialsOther12% of denialsCredit history10% of denialsCollateral (value/type)7% of denialsInsufficient cash to close6% of denialsIncomplete application3% of denials

Where Toll Brothers Mortgage Company lends in NJ

CountyDecisionsApproval
Monmouth County84893.9%
Bergen County43193.0%
Hudson County42595.8%
Middlesex County23397.0%
Morris County19494.3%
Ocean County15296.7%
Mercer County14788.4%
Hunterdon County10695.3%

Fees & closing costs

Median total loan costs
$6,474
home purchase
As % of loan
1.62%
NJ median 1.93%
Priced originations
1,400
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Toll Brothers Mortgage Company’s home-purchase originations — 0.31 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $1,195. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Consumer complaints

CFPB complaints
11
from NJ, 2022–present

Complaints New Jersey mortgage customers filed against Toll Brothers Mortgage Company with the federal Consumer Financial Protection Bureau, 2022–present. Most common issue: Closing on a mortgage. Most mortgage complaints concern servicing — payments, escrow, and foreclosure — so this reflects a company’s customer experience as much as its lending, and volume partly tracks how many loans it services. Source: CFPB Consumer Complaint Database.

Compare Toll Brothers Mortgage Company 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 Toll Brothers Mortgage Company (LEI 5493009BD405QQTMXO12). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →