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Mortgage Lenders and Brokers in Newark, New Jersey

Content reviewed by

Brian McKay | iEditorial Disclosure | ✓Fact Checked | Loan Rates Last Updated and Verified: October 7, 2026

Newark, New Jersey mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA744 Broad St, Newark, NJ 07102A+5.0 ★Texas Ratio: 3.68%, Provident BankProvident Bank115 Ferry St # 119, Newark, NJ 07105A+5.0 ★Texas Ratio: 3.46%, Valley National BankValley National Bank167 Bloomfield Ave, Newark, NJ 07104A+5.0 ★Texas Ratio: 5.76%, Bank of America NABank of America NA1 Springfield Ave, Newark, NJ 07102A+5.0 ★Texas Ratio: 4.14%, Citibank, NACitibank, NA721 Broad St, Newark, NJ 07102A+5.0 ★Texas Ratio: 2.82%, Columbia BankColumbia Bank905 Broad St, Newark, NJ 07102A+5.0 ★Texas Ratio: 4.30%, TD BankTD Bank356 Springfield Ave, Newark, NJ 07103A+5.0 ★Texas Ratio: 3.71%, M&T BankM&T Bank60 Park Pl, Newark, NJ 07102A+5.0 ★Texas Ratio: 4.11%, Wells Fargo Bank NAWells Fargo Bank NA744 Broad St, Newark, NJ 07102A+5.0 ★Texas Ratio: 5.36%, and Lusitania Savings BankLusitania Savings Bank107 Pulaski St, Newark, NJ 07105A+5.0 ★Texas Ratio: 0.71%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.

Lenders are ranked only by the number of home loans they closed in Newark, New Jersey in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Newark are listed first, then lenders elsewhere in New Jersey, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.

Mortgage Lenders and Brokers in Newark, New Jersey

Market share is the lender's share of all home loans closed in Newark, New Jersey. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.

Lender	Programs	Loans closed	Market share	Approval share	Average loan	View
JPMorgan Chase Bank, NA 3 offices in Newark 744 Broad St, Newark, NJ 07102 A+5.0 ★Texas Ratio: 3.68%	Conventional, FHA	33	2.6%	90%	$414,696	View
Provident Bank 3 offices in Newark 115 Ferry St # 119, Newark, NJ 07105 A+5.0 ★Texas Ratio: 3.46%	Conventional, FHA, HELOC	31 +7 HELOCs	2.4%	81.6%	$535,645	View
Valley National Bank 2 offices in Newark 167 Bloomfield Ave, Newark, NJ 07104 A+5.0 ★Texas Ratio: 5.76%	Conventional, FHA, HELOC	27 +11 HELOCs	2.1%	80.6%	$518,333	View
Bank of America NA 3 offices in Newark 1 Springfield Ave, Newark, NJ 07102 A+5.0 ★Texas Ratio: 4.14%	Conventional, FHA, HELOC	23 +13 HELOCs	1.8%	92%	$428,043	View
Citibank, NA 1 office in Newark 721 Broad St, Newark, NJ 07102 A+5.0 ★Texas Ratio: 2.82%	Conventional, VA	10	0.8%	84.6%	$388,000	View
Columbia Bank 2 offices in Newark 905 Broad St, Newark, NJ 07102 A+5.0 ★Texas Ratio: 4.30%	Conventional, HELOC	9 +1 HELOCs	0.7%	75%	$433,888	View
TD Bank 3 offices in Newark 356 Springfield Ave, Newark, NJ 07103 A+5.0 ★Texas Ratio: 3.71%	Conventional, HELOC	8 +12 HELOCs	0.6%	38.1%	$367,500	View
M&T Bank 2 offices in Newark 60 Park Pl, Newark, NJ 07102 A+5.0 ★Texas Ratio: 4.11%	Conventional, FHA, HELOC	7 +12 HELOCs	0.5%	47.1%	$246,428	View
Wells Fargo Bank NA 8 offices in Newark 744 Broad St, Newark, NJ 07102 A+5.0 ★Texas Ratio: 5.36%	Conventional, FHA	7	0.5%	46.7%	$352,142	View
Lusitania Savings Bank 1 office in Newark 107 Pulaski St, Newark, NJ 07105 A+5.0 ★Texas Ratio: 0.71%	Conventional	5	0.4%	85.7%	$283,000	View
Flagstar Bank NA 2 offices in Newark 198 Jefferson St, Newark, NJ 07105 D3.3 ★Texas Ratio: 35.11%	Conventional, VA	2	0.2%	37.5%	$295,000	View
Citizens Bank, NA 3 offices in Newark 275 Chestnut St, Newark, NJ 07105 A+5.0 ★Texas Ratio: 5.44%	Conventional, HELOC	1 +56 HELOCs	0.1%	100%	$295,000	View
Connectone Bank 1 office in Newark 217 Chestnut St, Newark, NJ 07105 A+5.0 ★Texas Ratio: 4.58%	Conventional	1	0.1%	100%	$435,000	View
PNC Bank N.A. ★ 1.7 stars, 3 reviews 4 offices in Newark 84 Wilson Ave, Newark, NJ 07105 A+5.0 ★Texas Ratio: 4.24%	HELOC	0 +25 HELOCs	0%	0%		View
Peapack Private Bank & Trust 500 Hills Drive Suite 300, Bedminster, NJ 07921	Conventional	6	0.5%	100%	$465,000
Oceanfirst Bank 1801 Atlantic Avenue, Atlantic City, NJ 08401 A+5.0 ★Texas Ratio: 5.26%	Conventional	6	0.5%	100%	$463,333	View
Magyar Bank 1000 Route 202 S, Branchburg, NJ 08876 A+5.0 ★Texas Ratio: 0.29%	Conventional	5	0.4%	100%	$615,000	View
Kearny Bank 675 Martinsville Rd, Basking Ridge, NJ 07920 A5.0 ★Texas Ratio: 7.41%	Conventional	5	0.4%	100%	$433,000	View
Proponent FCU 100 Metro Blvd, Nutley, NJ 07110 A5.0 ★Texas Ratio: 6.30%	Conventional	3	0.2%	75%	$58,333	View
Spencer Savings Bank, Sla 1 Towne Ctr, Cliffside Park, NJ 07010 A+5.0 ★Texas Ratio: 3.96%	Conventional	3	0.2%	100%	$165,000	View
North Jersey Federal Credit Union 186 W Market St, Newark, NJ 07103 A+5.0 ★Texas Ratio: 4.55%	Conventional	3	0.2%	50%	$161,666	View
Fulton Bank, National Association 20 N Main St, Allentown, NJ 08501 A+5.0 ★Texas Ratio: 4.85%	Conventional, FHA	2	0.2%	66.7%	$565,000	View
Greater Alliance Federal Credit Union 100 Hudson St, Hackensack, NJ 07601 6962 A5.0 ★Texas Ratio: 11.88%	Conventional	2	0.2%	50%	$40,000	View
XCEL Federal Credit Union 1460 Broad St, Bloomfield, NJ 07003 A+5.0 ★Texas Ratio: 5.87%	Conventional	2	0.2%	100%	$60,000	View
The Atlantic Federal Credit Union 2 Edison Pl, Springfield, NJ 07081 B+4.7 ★Texas Ratio: 18.92%	Conventional	1	0.1%	100%	$105,000	View
Freedom Bank 150 Route 17, East Rutherford, NJ 07073 A+5.0 ★Texas Ratio: 2.50%	Conventional	1	0.1%	100%	$645,000	View
EDIFI Credit Union 2652 Atlantic Ave, Atlantic City, NJ 08401 A+5.0 ★Texas Ratio: 3.73%	Conventional	1	0.1%	100%	$25,000	View
Somerset Regal Bank 220 W Union Ave, Bound Brook, NJ 08805 A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0.1%	100%	$365,000	View
Garden Savings Federal Credit Union 120 Ferry St, Newark, NJ 07105 A5.0 ★Texas Ratio: 10.13%	Conventional	1	0.1%	20%	$45,000
Univest Bank and Trust Co. 921 West Ave, Ocean City, NJ 08226 A5.0 ★Texas Ratio: 6.10%	FHA	1	0.1%	100%	$395,000	View
Affinity Federal Credit Union 73 Mountainview Blvd, Basking Ridge, NJ 07920 3849 A5.0 ★Texas Ratio: 9.20%	HELOC	0 +8 HELOCs	0%	33.3%		View
Princeton Federal Credit Union ★ 2 stars, 1 review 335 Farnsworth Ave, Bordentown, NJ 08505 A+5.0 ★Texas Ratio: 5.94%	HELOC	0 +1 HELOCs	0%	n/a		View
Peoples Security Bank and Trust Company 444 Hoes Ln, Piscataway, NJ 08854 A+5.0 ★Texas Ratio: 2.51%	HELOC	0 +1 HELOCs	0%	n/a		View
First Atlantic Federal Credit Union 468 INDUSTRIAL WAY W, EATONTOWN, NJ 07724 2210 A+5.0 ★Texas Ratio: 3.26%	HELOC	0 +1 HELOCs	0%	n/a		View
Absolute Home Mortgage	Conventional, FHA	18	1.4%	85.7%	$462,222
American Neighborhood Mortgage Acceptance Company	Conventional, FHA	17	1.3%	90%	$447,941
HomeBridge Financial Services, Inc	Conventional, FHA, VA, HELOC	16 +10 HELOCs	1.3%	81%	$681,875
MLB Residential Lending, LLC	Conventional, FHA	13	1%	77.8%	$488,846
American Financial Resources LLC	Conventional, FHA	9	0.7%	81.8%	$567,222
Advisors Mortgage Group, LLC	Conventional, FHA	8	0.6%	88.9%	$595,000
EMM Loans LLC	Conventional, FHA	6	0.5%	100%	$650,000
NJ Lenders Corp	Conventional, FHA	6	0.5%	77.8%	$495,000
Mld Mortgage, Inc.Dba the Money Store	Conventional, FHA	5	0.4%	75%	$517,000
Bond Street Mortgage, LLC	Conventional, FHA	4	0.3%	100%	$387,500
Nation One Mortgage Corporatio	Conventional, FHA	4	0.3%	100%	$380,000
1St 2Nd Mortgage Company of N.J., Inc.	Conventional, FHA	3	0.2%	75%	$745,000
Acre Mortgage & Financial, Inc.	Conventional, FHA	2	0.2%	100%	$290,000
First Alliance Home Mortgage, LLC	Conventional, FHA	2	0.2%	50%	$685,000
Weichert Financial Services	Conventional	2	0.2%	100%	$560,000
Millenium Home Mortgage	FHA	1	0.1%	100%	$375,000
Members First of NJ FCU	Conventional	1	0.1%	100%	$155,000
1St Colonial Community Bank	Conventional	1	0.1%	100%	$325,000
Financial Resources Federal Cr	Conventional	1	0.1%	100%	$65,000
United Wholesale Mortgage	Conventional, FHA, VA, HELOC	125 +5 HELOCs	9.8%	66.7%	$544,840
CrossCountry Mortgage, LLC	Conventional, FHA, VA, HELOC	82 +2 HELOCs	6.4%	92.4%	$523,414
Rocket Mortgage	Conventional, FHA, VA	65	5.1%	55.9%	$315,769
Paramount Residential Mortgage	Conventional, FHA	61	4.8%	89.7%	$562,213
Movement Mortgage, LLC	Conventional, FHA, VA	42	3.3%	79.4%	$370,000
Freedom Mortgage Corporation	Conventional, FHA, VA	29	2.3%	77.3%	$490,172
loanDepot.com LLC	Conventional, FHA, VA	28	2.2%	63%	$316,428
Guaranteed Rate, Inc.	Conventional, FHA, VA, HELOC	27 +5 HELOCs	2.1%	90.6%	$537,962
New American Funding, LLC.	Conventional, FHA, VA, HELOC	27 +1 HELOCs	2.1%	74.4%	$485,740
Newrez LLC	Conventional, FHA, VA	27	2.1%	40%	$537,222
Cmg Mortgage Inc	Conventional, FHA, VA, USDA, HELOC	20 +3 HELOCs	1.6%	72.7%	$495,000
Pennymac Loan Services LLC	Conventional, FHA	20	1.6%	65.6%	$423,000
Nationwide Mortgage Bankers, Inc.	Conventional, FHA	19	1.5%	91.3%	$549,736
Cornerstone First Mortgage, LLC	Conventional, FHA, VA	18	1.4%	100%	$622,222
The Loan Store, Inc	Conventional, FHA, HELOC	15 +1 HELOCs	1.2%	95.2%	$559,000
Amerisave Mortgage Company	Conventional, FHA	15	1.2%	30.2%	$173,666
American Financial Network, Inc.	Conventional, FHA	14	1.1%	82.4%	$495,714
Kind Lending, LLC	Conventional, FHA, VA, HELOC	13 +1 HELOCs	1%	68.4%	$536,538
United Mortgage Corp. A+5.0 ★Texas Ratio: 2.15%	Conventional, FHA	12	0.9%	100%	$581,666	View
Fairway Independent Mort Corp	Conventional, FHA	11	0.9%	100%	$527,727
Panorama Mortgage Group, LLC	Conventional, FHA, VA	10	0.8%	83.3%	$651,000
Navy Federal Credit Union A5.0 ★Texas Ratio: 8.14%	Conventional, VA, HELOC	9 +8 HELOCs	0.7%	45%	$297,222
Spring Eq, LLC	Conventional, HELOC	9 +5 HELOCs	0.7%	25.6%	$88,333
US Bank, N.A. A+5.0 ★Texas Ratio: 2.85%	Conventional	9	0.7%	69.2%	$363,888	View
All Credit Considered Mortgage, Inc.	Conventional	9	0.7%	100%	$426,111
Allied Mortgage Group, Inc	Conventional, FHA, VA	8	0.6%	69.2%	$473,750
Ocmbc, Inc. A5.0 ★Texas Ratio: 8.76%	Conventional, FHA	8	0.6%	100%	$605,000	View
Mortgage Research Center	VA	8	0.6%	69.2%	$576,250
East Coast Capital Corp.	Conventional, FHA	7	0.5%	87.5%	$496,428
Plaza Home Mortgage, Inc	Conventional, FHA	7	0.5%	77.8%	$482,142
First Colony Mortgage Corporat	Conventional, FHA	6	0.5%	83.3%	$538,333
Planet Home Lending, LLC	FHA	6	0.5%	75%	$425,000
Geneva Financial LLC	Conventional, FHA	6	0.5%	100%	$370,000
Cliffco, Inc.	Conventional, FHA	5	0.4%	100%	$549,000
Equity Prime Mortgage LLC	Conventional, FHA	5	0.4%	62.5%	$717,000
Carrington Mortgage Services LLC	Conventional, FHA	5	0.4%	33.3%	$391,000
Luminate Bank A5.0 ★Texas Ratio: 11.06%	Conventional, FHA	4	0.3%	80%	$757,500	View
Affordable Mortgage Advisors	Conventional, FHA	4	0.3%	100%	$410,000
Norwich Commercial Group Inc	Conventional, FHA	4	0.3%	57.1%	$592,500
Securitynational Mortgage Company	FHA, VA	4	0.3%	100%	$642,500
Cardinal Financial Company, Li	Conventional, FHA	4	0.3%	77.8%	$440,000
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional	4	0.3%	57.1%	$140,000	View
Champions Funding, LLC	Conventional	4	0.3%	66.7%	$382,500
Village Capital & Investment	FHA	4	0.3%	52.9%	$585,000
AmWest Funding Corp	FHA, HELOC	3 +1 HELOCs	0.2%	50%	$675,000
Meridian Bank C3.9 ★Texas Ratio: 27.97%	Conventional, FHA, VA	3	0.2%	100%	$588,333	View
Contour Mortgage Corporation	Conventional, FHA	3	0.2%	100%	$555,000
Lakeview Loan Servicing, LLC	Conventional, FHA, VA	3	0.2%	34.9%	$475,000
AmeriHome Mortgage Company, LLC	FHA	3	0.2%	100%	$425,000
Union Home Mortgage Corp.	FHA	3	0.2%	83.3%	$588,333
UNMB Home Loans Inc	FHA	3	0.2%	100%	$568,333
Reliable Holdings Manager dba Lendz Financial	Conventional	3	0.2%	100%	$418,333
Change Lending A+5.0 ★Texas Ratio: 3.68%	Conventional	3	0.2%	75%	$341,666	View
Nationstar Mortgage	Conventional	3	0.2%	27.3%	$285,000
Citadel Servicing Corporation	Conventional	3	0.2%	100%	$338,333
Nations Direct Mortgage, LLC	FHA	3	0.2%	75%	$638,333
Mutual of Omaha Mortgage	Conventional, FHA	3	0.2%	50%	$201,666
FM Home Loans LLC	Conventional, FHA	3	0.2%	100%	$248,333
Meadowbrook Financial Mortgage Bankers Corp.	Conventional, FHA	3	0.2%	75%	$451,666
The Federal Savings Bank B+4.8 ★Texas Ratio: 16.98%	FHA, VA	3	0.2%	75%	$668,333	View
JMAC Lending, Inc.	Conventional, VA	3	0.2%	100%	$731,666
Pentagon Federal Credit Union	FHA, VA, HELOC	2 +4 HELOCs	0.2%	100%	$440,000
Goodleap, LLC	FHA, VA, HELOC	2 +1 HELOCs	0.2%	40%	$490,000
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional, FHA	2	0.2%	66.7%	$510,000	View
First Community Mortgage, Inc.	Conventional	2	0.2%	100%	$420,000
Guidance Residential, LLC	Conventional	2	0.2%	100%	$370,000
PHH Mortgage Corporation	Conventional, FHA	2	0.2%	66.7%	$450,000
Gateway First Bank B+4.8 ★Texas Ratio: 17.16%	Conventional, FHA	2	0.2%	100%	$245,000	View
Deephaven Mortgage LLC	Conventional	2	0.2%	50%	$380,000
Carnegie Mortgage Partners, LLC	Conventional	2	0.2%	100%	$475,000
Northpointe Bank A5.0 ★Texas Ratio: 8.47%	FHA	2	0.2%	66.7%	$595,000	View
Sun West Mortgage Company, Inc	FHA	2	0.2%	37.5%	$395,000
Nfm, Inc	FHA	2	0.2%	75%	$480,000
Stg Mortgage Inc	FHA	2	0.2%	100%	$570,000
Mission Loans, LLC	Conventional	2	0.2%	100%	$250,000
Zillow Home Loans, LLC	Conventional	2	0.2%	100%	$245,000
Lower, LLC	FHA	2	0.2%	66.7%	$450,000
Angel Oak Mortgage Solutions LLC	Conventional	2	0.2%	100%	$275,000
Quontic Bank C+4.1 ★Texas Ratio: 25.91%	Conventional	2	0.2%	66.7%	$360,000	View
Fourleaf Federal Credit Union B+4.8 ★Texas Ratio: 17.52%	FHA, HELOC	1 +4 HELOCs	0.1%	100%	$605,000
Quorum Federal Credit Union	Conventional, HELOC	1 +4 HELOCs	0.1%	50%	$55,000
Originpoint, LLC	FHA	1	0.1%	100%	$775,000
Hartford Funding, Ltd.	Conventional	1	0.1%	100%	$705,000
Guaranteed Rate Affinity, LLC	Conventional	1	0.1%	100%	$365,000
Bison State Bank A+5.0 ★Texas Ratio: 2.38%	Conventional	1	0.1%	100%	$665,000	View
Filo Mortgage, LLC	Conventional	1	0.1%	100%	$465,000
Home Mortgage Alliance Corp (Hmac)	FHA	1	0.1%	100%	$485,000
Emporium Tpo LLC	Conventional	1	0.1%	100%	$435,000
Azuza LLC	Conventional	1	0.1%	100%	$455,000
Valley West Corporation	FHA	1	0.1%	50%	$585,000
Obsidian Financial Services	FHA	1	0.1%	100%	$525,000
Nqm Funding, LLC	Conventional	1	0.1%	50%	$715,000
Bayshore Mortgage Funding	FHA	1	0.1%	100%	$735,000
Discover Bank	Conventional	1	0.1%	6.2%	$105,000
American Financing Corporation	Conventional	1	0.1%	100%	$195,000
ClearPath Lending	VA	1	0.1%	100%	$845,000
Warshaw Capital, LLC	FHA	1	0.1%	50%	$425,000
Strong Home Mortgage, LLC	FHA	1	0.1%	100%	$815,000
American Heritage Lending, LLC A5.0 ★Texas Ratio: 9.33%	Conventional	1	0.1%	100%	$735,000
My Mortgage, Inc	FHA	1	0.1%	100%	$745,000
Churchill Mortgage Corporation	Conventional	1	0.1%	100%	$545,000
First Heritage Financial LLC	Conventional	1	0.1%	100%	$325,000
Embrace Home Loans, Inc.	FHA	1	0.1%	33.3%	$795,000
Teachers Federal Credit Union	Conventional	1	0.1%	100%	$75,000
Armed Forces Bank, N.A. A+5.0 ★Texas Ratio: 4.81%	VA	1	0.1%	100%	$725,000	View
Communityamerica Federal Credit Union	Conventional	1	0.1%	100%	$305,000
Sierra Pacific Mortgage Co. Inc	Conventional	1	0.1%	100%	$315,000
Baxter Credit Union A5.0 ★Texas Ratio: 6.31%	Conventional	1	0.1%	100%	$25,000
US Mortgage Corporation A+5.0 ★Texas Ratio: 2.85%	FHA	1	0.1%	100%	$485,000	View
Actors Federal Credit Union	Conventional	1	0.1%	100%	$285,000
Ardri LLC	Conventional	1	0.1%	100%	$405,000
Uif Corporation	Conventional	1	0.1%	100%	$695,000
Interstate Home Loan Center, Inc.	Conventional	1	0.1%	100%	$325,000
Selfreliance Federal Credit Union	Conventional	1	0.1%	100%	$775,000
Prosperity Home Mortgage, LLC	Conventional	1	0.1%	100%	$385,000
Veritas Funding, LLC	Conventional	1	0.1%	100%	$175,000
CIBM Bank A5.0 ★Texas Ratio: 8.91%	FHA	1	0.1%	100%	$495,000	View
Third Federal Savings and Loan A+5.0 ★Texas Ratio: 2.32%	Conventional	1	0.1%	50%	$105,000	View
Nexera Holding LLC	Conventional	1	0.1%	100%	$255,000
Plains Commerce Bank A5.0 ★Texas Ratio: 9.09%	Conventional	1	0.1%	100%	$685,000	View
Ark-La-Tex Financial Services LLC	Conventional	1	0.1%	50%	$355,000
Polish & Slavic Federal Credit	Conventional	1	0.1%	100%	$55,000
Tomo Mortgage LLC	Conventional	1	0.1%	50%	$485,000
Cake Mortgage Corp.	Conventional	1	0.1%	100%	$215,000
Figure Lending LLC	HELOC	0 +14 HELOCs	0%	n/a
Municipal Credit Union	HELOC	0 +3 HELOCs	0%	0%
Better Mortgage Corporation	HELOC	0 +3 HELOCs	0%	0%
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +3 HELOCs	0%	n/a		View
American Airlines Federal Cred	HELOC	0 +2 HELOCs	0%	n/a
Visions Federal Credit Union	HELOC	0 +2 HELOCs	0%	0%
Lendage, LLC dba Achieve Loans	HELOC	0 +2 HELOCs	0%	n/a
Georgia'S Own Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Kinecta Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Valon Mortgage	HELOC	0 +1 HELOCs	0%	0%

Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 8, 2026.

Newark Mortgage Rate Trends

Daily average mortgage rates for New Jersey compared with the national average, updated every evening.

30-Year Fixed NJ Avg

7.364%

▲ 0.169 vs 7 days ago

15-Year Fixed NJ Avg

6.883%

▲ 0.109 vs 7 days ago

Mortgage Lenders and Mortgage Brokers Near Me in Newark, New Jersey

Looking for mortgage lenders near me or mortgage brokers near me in Newark? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Newark in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Newark, NJ

Use these to narrow the list above. Each category shows how many Newark, NJ lenders fit and what that kind of lender is usually best for.

Mortgage companies and brokers 117 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 43 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 27 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 94 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 28 lenders. No down payment and no mortgage insurance for eligible veterans and service members USDA lenders 1 lenders. Zero down loans in eligible rural and suburban areas Local lenders based in NJ 42 lenders headquartered in New Jersey, the closest thing to a mortgage lender near you

Who Lends in Newark, NJ

Independent mortgage companies closed 79.1 percent of home loans in Newark, New Jersey in 2025, banks 18.2 percent and credit unions 2.7 percent. Absolute Home Mortgage was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Proponent FCU the largest credit union. Among lenders headquartered in New Jersey, Provident Bank led with 31 loans.

79.1%

Mortgage companies

18.2%

Banks

2.7%

Credit unions

41%

FHA loans

VA loans

How to Read This List

A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.

Attorneys customarily handle closings in New Jersey. Graduated seller paid realty transfer fee of roughly $2 to $6.05 per $500 (about 0.4 percent to 1.2 percent, higher on sales over $350,000), plus a seller paid mansion tax on homes over $1 million that since July 2025 runs 1 percent from $1 million to $2 million and rises in tiers to 3.5 percent above $3.5 million. No mortgage recording tax.

More New Jersey Mortgage Lender Pages

All New Jersey lenders 683 lenders Jersey City 215 lenders Toms River 199 lenders Sicklerville 173 lenders Clifton 157 lenders Vineland 126 lenders Paterson 126 lenders Ocean Acres 125 lenders Hoboken 110 lenders Old Bridge 105 lenders Sayreville 146 lenders Elizabeth 121 lenders Forked River 114 lenders

Frequently Asked Questions About Mortgage Lenders in Newark, NJ

Who is the largest mortgage lender in Newark, NJ?

By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Newark, New Jersey with 33 loans, about 2.6 percent of the market. The largest lender headquartered in New Jersey was Provident Bank with 31 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which mortgage lenders in Newark, NJ have the highest approval rates?

Among lenders with meaningful volume in Newark, New Jersey, CrossCountry Mortgage, LLC approved the highest share of completed applications in 2025 at 92.4 percent, against a 70.2 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which Newark, NJ mortgage lenders offer FHA, VA and USDA loans?

94 lenders closed FHA loans in Newark, New Jersey in 2025, led by United Wholesale Mortgage with 70. 28 lenders closed VA loans, led by United Wholesale Mortgage, and 1 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Are credit unions and local banks included in this Newark, NJ lender list?

Yes. 43 banks and 27 credit unions closed home loans in Newark, New Jersey in 2025, alongside 117 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

How are mortgage lenders in Newark, NJ ranked on this page?

Lenders are ranked only by the number of home loans they closed in Newark, New Jersey during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.

Methodology and Sources

Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Newark, New Jersey for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Newark. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.