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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best Jumbo Mortgage Lenders in Newark
Updated February 5, 2026
Market Overview
176
Total Lenders
17,560
Total Loans
0.28%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Wells Fargo Bank, National Association | Exceptional | Exceptional | Exceptional | Strong | Exceptional | $1,283 | -0.140% | 401 | |
2 | Bank of America, National Association | Exceptional | Exceptional | Exceptional | Strong | Strong | $964 | -0.321% | 262 | |
3 | U.S. Bank National Association | Exceptional | Exceptional | Exceptional | Strong | Strong | $218 | -0.132% | 237 | |
4 | Citibank, National Association | Exceptional | Exceptional | Exceptional | Strong | Strong | $168 | -0.326% | 165 | |
5 | Morgan Stanley Private Bank, National Association | Exceptional | Exceptional | Exceptional | Strong | Strong | $293 | -0.499% | 107 | |
6 | GUARANTEED RATE, INC. | Exceptional | Strong | Exceptional | Strong | Exceptional | $2,334 | +0.089% | 1,050 | |
7 | Kearny Bank | Exceptional | Exceptional | Strong | Strong | Strong | $1,008 | -0.269% | 118 | |
8 | HSBC BANK USA, NATIONAL ASSOCIATION | Exceptional | Exceptional | Exceptional | Strong | Sound | $283 | -0.232% | 46 | |
9 | NJ LENDERS CORP. | Exceptional | Strong | Strong | Strong | Exceptional | $1,430 | +0.006% | 798 | |
10 | Citizens Bank, National Association | Exceptional | Strong | Exceptional | Strong | Strong | -$202 | -0.104% | 178 | |
11 | Manufacturers and Traders Trust Company | Exceptional | Strong | Exceptional | Strong | Strong | $1,424 | -0.080% | 110 | |
12 | ROCKET MORTGAGE, LLC | Exceptional | Sound | Exceptional | Strong | Exceptional | $4,513 | +0.187% | 1,338 | |
13 | UNITED WHOLESALE MORTGAGE, LLC | Exceptional | Sound | Exceptional | Strong | Exceptional | $2,742 | +0.133% | 1,177 | |
14 | JPMorgan Chase Bank, National Association | Exceptional | Sound | Exceptional | Strong | Exceptional | $2,360 | +0.026% | 586 | |
15 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Sound | Exceptional | $2,064 | +0.147% | 422 | |
16 | GUARANTEED RATE AFFINITY, LLC | Strong | Sound | Exceptional | Sound | Exceptional | $2,487 | +0.202% | 377 | |
17 | PENNYMAC LOAN SERVICES, LLC | Strong | Sound | Exceptional | Strong | Strong | $1,254 | +0.144% | 231 | |
18 | TD Bank, National Association | Strong | Sound | Exceptional | Strong | Strong | $481 | +0.126% | 222 | |
19 | PNC Bank, National Association | Strong | Sound | Exceptional | Strong | Strong | $1,175 | -0.020% | 96 | |
20 | Webster Bank, National Association | Strong | Sound | Exceptional | Strong | Strong | $1,043 | +0.030% | 80 | |
21 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | Exceptional | $3,204 | +0.370% | 1,335 |
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 40 Points)
10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)
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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