The Mortgage Record
New Jersey · Home purchase mortgages

Mortgage approvals in Ocean County, NJ

Real approval and denial rates for home-purchase mortgages in Ocean County, built from 79,937 federally reported lender decisions, 2018–2025.

Approval rate
91.1%
72,862 approved
Denial rate
8.9%
7,075 denied
Lender decisions
79,937
2018–2025
Active lenders
15
≥25 decisions
91.1% approved
8.9% denied

Share of 79,937 home-purchase applications that lenders approved vs. denied · 2025: 91.8% approved. Excludes loans withdrawn, left incomplete, or bought on the secondary market.

Approval rate over time

87%89%91%93%95%91%91%91%92%91%90%91%92%20182019202020212022202320242025

By loan type

Conventional91.8% of 63,561FHA88.3% of 12,512VA89.9% of 3,335USDA87.5% of 529

FHA and USDA loans serve lower-down-payment and rural buyers; approval patterns differ by program.

Lenders in Ocean County

Ranked by volume. Approval rate = originated or approved ÷ (those + denied), home purchases 2018–2025.

LenderApprovalDecisionsDeniedAvg. rate spread
Advisors Mortgage Group, Llc
Ocean, NJ		94.9%3,849196+0.45 pp
Wells Fargo Bank Na
Minneapolis, MN		89.7%3,083317-0.08 pp
Rocket Mortgage
Detroit, MI		84.6%2,986461+0.44 pp
United Wholesale Mortgage
Pontiac, MI		90.5%2,619249+0.31 pp
American Neighborhood Mortgage Acceptance Company
Mt. Laurel, NJ		95.9%2,614106+0.68 pp
Fm Home Loans Llc
Brooklyn, NY		98.4%2,53040+0.29 pp
Crosscountry Mortgage, Llc
Cleveland, OH		97.1%2,34567+0.56 pp
Oceanfirst Bank
Toms River, NJ		95.2%2,101101-0.03 pp
Loandepot.com Llc
Irvine, CA		92.1%2,092165+0.37 pp
Guaranteed Rate, Inc.
Chicago, IL		96.5%1,92467+0.22 pp
Equity Prime Mortgage Llc
Atlanta, GA		98.9%1,74619+0.94 pp
Family First Funding Llc
Toms River, NJ		87.6%1,614200+0.82 pp

Why applications were denied

Debt-to-income ratio38% of denialsCredit history21% of denialsCollateral (value/type)16% of denialsOther15% of denialsIncomplete application12% of denialsInsufficient cash to close10% of denials

Primary reason lenders recorded on denied applications. One denial can cite several.

See which lenders approve borrowers like you

Filter by your income, loan size and loan type to get a Ocean County lender shortlist.

Open the approval tool →

Refinance

Refi approval rate
82.4%
63,594 of 77,142
Refi denial rate
17.6%
13,548 denied
Refi decisions
77,142
2018–2025

Best lenders for specific buyers in Ocean County

Best FHA lendersBest VA lendersBest USDA lendersBest jumbo lendersBest high-DTI lendersBest low-down-payment lendersBest lower-income lendersBest investment-property lendersBest manufactured-home lenders

Source: CFPB HMDA loan-level snapshot data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in Ocean County, NJ. Full methodology →