# JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC.

> **Canonical URL:** https://saferate.com/lenders/jersey-mortgage-company-of-new-jersey


> **📋 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


JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. is a independent mortgage company, headquartered in CRANFORD, NJ, serving borrowers across 4 states, with 132 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 76% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300WEZMN6QE5IIH42
- **Headquarters:** CRANFORD, NJ
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** FL, NJ, NY, PA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 24/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.610%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,345
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 132
- **Dollar Volume:** $58 million
- **Applications Received:** 221
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $436,894
- **Average Borrower Income:** $157,735
- **Average Property Value:** $550,000

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 32/100 | 99 | +0.534% | $2,973 | Acceptable 🙂 |
| FHA | 56/100 | 31 | +0.993% | $5,477 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 93 loans, Score: 35/100 (Acceptable)

**FHA:**
- Purchase: 26 loans, Score: 55/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 39/100 | 121 | $54M | +0.596% | Acceptable 🙂 |
| Refinance | 21/100 | 11 | $4M | +0.771% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 124 | 0.14% | 74/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Newark, NJ | NJ | 47 | 68/100 |
| Lakewood | NJ | 42 | 64/100 |
| New York | NY-NJ | 23 | 54/100 |

## Frequently Asked Questions

### What loan types does JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. offer?

JERSEY MORTGAGE COMPANY OF NEW JERSEY, 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 JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. offer mortgages?

JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. offers mortgages in 4 states: FL, NJ, NY, PA.

### How competitive are JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC.'s mortgage rates?

JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. has a pricing score of 24/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.610% above market average.

### What type of lender is JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC.?

JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. is a non-depository lender that specializes in mortgage origination, headquartered in CRANFORD, NJ.

### What is JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC.'s loan approval success rate?

JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. has a pull-through score of 42/100 (Sound). 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/jersey-mortgage-company-of-new-jersey

### How to Cite

> "JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/jersey-mortgage-company-of-new-jersey

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