2025 activity year · Official source proof
New Jersey mortgage market
Reported mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, with purchased loans excluded from the application denominator.
Activity year
2025
Action taken
What happened to applications?
Originated55.3% · 178,220
Approved, not accepted3.3% · 10,746
Denied17.6% · 56,618
Withdrawn15.9% · 51,269
File closed for incompleteness7.2% · 23,245
Preapproval denied0.0% · 159
Preapproval approved, not accepted0.7% · 2,196
“Originated” means the reported application resulted in a loan. It is not an approval probability for a future applicant.
Loan purpose
Why people applied
39%Home purchase
- Home purchase38.7%
- Home improvement12.5%
- Other purpose14.0%
- Not applicable0.0%
- Refinancing15.6%
- Cash-out refinancing19.1%
Next source gate
Denial reasons are not published yet.
That analysis requires the raw modified-LAR pipeline, reason-code reconciliation, and small-cell review. We will not fill the gap with estimates or unsupported conclusions.
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Data provenance
Every published number will carry its source.
This profile identifies the activity year, cohort rules, source endpoint, response hash, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 2, 2026.