# 1ST 2ND MORTGAGE COMPANY OF N.J., INC.

> **Canonical URL:** https://saferate.com/lenders/1st-2nd-mortgage-company-of-nj


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


1ST 2ND MORTGAGE COMPANY OF N.J., INC. is a independent mortgage company, headquartered in CRESSKILL, NJ, serving borrowers across 13 states, with 269 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 73% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 40% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300ZOBXG0DT4I6U54
- **Headquarters:** CRESSKILL, NJ
- **Geographic Reach:** Multi-Region
- **States Served:** 13
- **State List:** CA, CT, DE, FL, MD, NC, NH, NJ, NY, PA, SC, TX, VA
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 93%
- **Brokered/Wholesale:** 7%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 27/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.400%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,481
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 269
- **Dollar Volume:** $120 million
- **Applications Received:** 345
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $444,851
- **Average Borrower Income:** $177,535
- **Average Property Value:** $573,476

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 39/100 | 189 | +0.387% | $3,317 | Acceptable 🙂 |
| FHA | 63/100 | 77 | +0.446% | $4,025 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 158 loans, Score: 40/100 (Acceptable)
- Refinance: 31 loans, Score: 38/100 (Acceptable)

**FHA:**
- Purchase: 69 loans, Score: 62/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 44/100 | 229 | $104M | +0.416% | Sound ☺️ |
| Refinance | 38/100 | 40 | $15M | +0.289% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 160 | 0.19% | 75/100 |
| NY | 34 | 0.03% | 54/100 |
| FL | 31 | 0.01% | 48/100 |
| CT | 13 | 0.04% | 44/100 |
| PA | 12 | 0.01% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| New York | NY-NJ | 71 | 66/100 |
| Lakewood | NJ | 44 | 63/100 |
| Newark, NJ | NJ | 40 | 63/100 |
| Camden, NJ | NJ | 13 | 47/100 |
| Miami | FL | 11 | 44/100 |
| Nassau County | NY | 11 | 44/100 |

## Frequently Asked Questions

### What loan types does 1ST 2ND MORTGAGE COMPANY OF N.J., INC. offer?

1ST 2ND MORTGAGE COMPANY OF N.J., INC. offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does 1ST 2ND MORTGAGE COMPANY OF N.J., INC. offer mortgages?

1ST 2ND MORTGAGE COMPANY OF N.J., INC. offers mortgages in 13 states: CA, CT, DE, FL, MD, NC, NH, NJ, NY, PA, SC, TX, VA.

### How competitive are 1ST 2ND MORTGAGE COMPANY OF N.J., INC.'s mortgage rates?

1ST 2ND MORTGAGE COMPANY OF N.J., INC. has a pricing score of 27/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.400% above market average.

### What type of lender is 1ST 2ND MORTGAGE COMPANY OF N.J., INC.?

1ST 2ND MORTGAGE COMPANY OF N.J., INC. is a non-depository lender that specializes in mortgage origination, headquartered in CRESSKILL, NJ.

### What is 1ST 2ND MORTGAGE COMPANY OF N.J., INC.'s loan approval success rate?

1ST 2ND MORTGAGE COMPANY OF N.J., INC. has a pull-through score of 60/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/1st-2nd-mortgage-company-of-nj

### How to Cite

> "1ST 2ND MORTGAGE COMPANY OF N.J., INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/1st-2nd-mortgage-company-of-nj

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