Purchase Originations
955
Ranked #392 nationally
Median Total Costs
$6,436
−3.6% vs national ($6,680)
↑ $196 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.001% vs prior year
Median Origination
$1,400
Median Lender Credits
$500
Cost Rank (500+ vol.)
#319
among lenders with 500+ originations
Denial Rate
3.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 813 | 6.625% | $6,192 | $1,400 |
| fha | 122 | 6.375% | $13,519 | $1,594 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 684 | 6.625% | $6,237 | #25 |
| New York | 138 | 6.625% | $6,612 | #103 |
| Florida | 55 | 6.375% | $10,589 | #312 |
| Pennsylvania | 28 | 6.812% | $9,923 | — |
| Georgia | 22 | 6.250% | $9,320 | — |
| North Carolina | 6 | 6.558% | $7,410 | — |
| Texas | 4 | 6.438% | $4,937 | — |
| Alabama | 3 | 5.875% | $12,269 | — |
| Maryland | 3 | 6.125% | $4,687 | — |
| Connecticut | 2 | 6.745% | $10,388 | — |
| Delaware | 2 | 7.183% | $4,737 | — |
| Rhode Island | 2 | 6.625% | $3,506 | — |
| South Carolina | 2 | 6.495% | $4,550 | — |
| Virginia | 2 | 6.812% | $4,020 | — |
| California | 1 | 8.125% | $49,476 | — |
| Ohio | 1 | 6.875% | $5,501 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,302 | 6.688% | — | 48 | −$1,134 | |
| 2 | $5,661 | 6.562% | — | 30 | −$775 | |
| 3 | $5,693 | 6.625% | — | 9 | −$743 | |
| 4 | $5,867 | 6.875% | — | 12 | −$569 | |
| 5 | $5,868 | 6.750% | — | 30 | −$568 | |
| 6 | $5,893 | 6.625% | — | 46 | −$543 | |
| 7 | $6,048 | 6.625% | — | 19 | −$388 | |
| 8 | $6,093 | 6.625% | — | 83 | −$343 | |
| 9 | $6,192 | 6.625% | — | 71 | −$244 | |
| 10 | $6,195 | 6.500% | — | 25 | −$241 | |
| 11 | $6,408 | 6.562% | — | 16 | −$28 | |
| 12 | $6,497 | 6.625% | — | 46 | +$61 | |
| 13 | $6,534 | 6.688% | — | 124 | +$98 | |
| 14 | $6,594 | 6.500% | — | 17 | +$158 | |
| 15 | $6,724 | 6.625% | — | 89 | +$288 | |
| 16 | $6,749 | 6.625% | — | 34 | +$313 | |
| 17 | $7,092 | 6.625% | — | 40 | +$656 | |
| 18 | $7,165 | 6.812% | — | 10 | +$729 | |
| 19 | $10,471 | 6.500% | — | 18 | +$4,035 | |
| 20 | $13,682 | 6.375% | — | 20 | +$7,246 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | NJ Lenders Corp. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $465,000 | $335,000 | +$130,000 (+38.8%) |
| Median total closing costs | $6,436 | $7,127 | −$691 (−9.7%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2025, 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.