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JMNJ

Jersey Mortgage Company of New Jersey

Independent Mortgage CompanyCranford, NJHQDirectReviews near you on Google

Jersey Mortgage Company of New Jersey has 132 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Sound
3/5
FHA · Conventional
Place
Strong
4/5
Regional · 3 mkts

Safe Rate Summary

Things to Think About

  • Rates typically 61 basis points above market average

Explore another lender or local market

Report Card

Jersey Mortgage Company of New Jersey performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+61.0 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Acceptable
Bottom 40% of lenders
FHA
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Acceptable
Bottom 40% of lenders
Refinance
Acceptable
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Regional · 3 markets
Strong
Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Acceptable
Product
Acceptable
Pricing
Acceptable
Pull Through
Acceptable
Volume99
Mix75.0%
Spread
+0.534%Above
Fees
$2,973Fees
FHA Loans
Overall
Sound
Product
Sound
Pricing
Pull Through
Sound
Volume31
Mix23.5%
Spread
+0.993%Above
Fees
$5,477Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Acceptable
Product
Acceptable
Pricing
Acceptable
Pull Through
Acceptable
Volume121
Mix91.7%
Spread
+0.596%Above
Fees
$3,353Fees
Refinance
Overall
Acceptable
Product
Acceptable
Pricing
Pull Through
Acceptable
Volume11
Mix8.3%
Spread
+0.771%Above
Fees
$3,246Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
132
Applications
221
Volume
$57 million
Pricing & Closing
Avg Rate Spread
+0.610%
vs. market APOR
Avg Net Fees
$3,345
Origination − Credits
Pullthrough Rate
59.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$436,894
Avg Borrower Income
$157,735
Avg Property Value
$550,000

Geographic Coverage

Geographic Performance

Metro Areas
3
markets with activity
States Served
4
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

4
4 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast3
NJNYPA
South1
FL

Top Metro Areas by Place Specialization Score

Volume 47Mix 35.61% of portfolio
68/100
Strong
Volume 42Mix 31.82% of portfolio
64/100
Strong
3© Dllu · CC BY-SA 4.0
New York, NY-NJMetro
Volume 23Mix 17.42% of portfolio
54/100
Sound

Top States by Place Specialization Score

New Jersey
New Jersey
1
New JerseyState
Volume 124Mix 93.94% of portfolio
74/100
Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.