JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. closing costs and rates (2024)
In 2024, JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. originated 118 purchase mortgages at a median interest rate of 7.06% and median total closing costs of $9,846. That is $3,105 above the national median of $6,741. JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. is most active in New Jersey with 111 originations there.
Purchase Originations
118
Median Total Costs
$9,846
+46.1% vs national ($6,741)
Median Rate
7.062%
+6.7% vs national (6.620%)
Median Origination
$2,344
Median Lender Credits
$257
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 90 | 7.125% | $6,308 | $1,595 |
| fha | 26 | 6.562% | $16,032 | $7,007 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 111 | 7.125% | $9,652 | #101 |
| Pennsylvania | 5 | 6.750% | $10,470 | — |
| New York | 2 | 6.812% | $8,064 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,946 | 7.125% | — | 1 | −$4,900 | |
| 2 | $5,678 | 7.933% | — | 2 | −$4,168 | |
| 3 | $5,750 | 7.312% | — | 8 | −$4,096 | |
| 4 | $6,190 | 7.000% | — | 4 | −$3,656 | |
| 5 | $7,996 | 7.375% | — | 3 | −$1,850 | |
| 6 | $8,109 | 7.000% | — | 4 | −$1,737 | |
| 7 | $8,165 | 7.062% | — | 14 | −$1,681 | |
| 8 | $8,249 | 7.058% | — | 16 | −$1,597 | |
| 9 | $9,652 | 6.500% | — | 5 | −$194 | |
| 10 | $10,040 | 7.125% | — | 19 | +$194 | |
| 11 | $11,015 | 7.125% | — | 5 | +$1,169 | |
| 12 | $11,016 | 6.745% | — | 2 | +$1,170 | |
| 13 | $11,182 | 6.500% | — | 1 | +$1,336 | |
| 14 | $11,542 | 7.625% | — | 3 | +$1,696 | |
| 15 | $11,545 | 6.688% | — | 2 | +$1,699 | |
| 16 | $12,963 | 6.875% | — | 10 | +$3,117 | |
| 17 | $13,807 | 7.000% | — | 1 | +$3,961 | |
| 18 | $15,746 | 6.875% | — | 13 | +$5,900 | |
| 19 | $16,032 | 7.375% | — | 2 | +$6,186 | |
| 20 | $27,229 | 6.750% | — | 1 | +$17,383 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.