Mortgage Lenders and Brokers in Somerset, New Jersey
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Somerset, New Jersey mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA940 Easton Ave, Somerset, NJ 08873A+5.0 ★Texas Ratio: 3.68%, Bank of America NABank of America NA1229 Route 27, Somerset, NJ 08873A+5.0 ★Texas Ratio: 4.14%, Wells Fargo Bank NAWells Fargo Bank NA1373 Route 27, Somerset, NJ 08873A+5.0 ★Texas Ratio: 5.36%, PNC Bank N.A.PNC Bank N.A.675 Franklin Blvd, Somerset, NJ 08873A+5.0 ★Texas Ratio: 4.24%, Citizens Bank, NACitizens Bank, NA151 Pierce St, Somerset, NJ 08873A+5.0 ★Texas Ratio: 5.44%, Provident BankProvident Bank511 Cookman Ave, Asbury Park, NJ 07712A+5.0 ★Texas Ratio: 3.46%, Oceanfirst BankOceanfirst Bank1801 Atlantic Avenue, Atlantic City, NJ 08401A+5.0 ★Texas Ratio: 5.26%, Fulton Bank, National AssociationFulton Bank, National Association20 N Main St, Allentown, NJ 08501A+5.0 ★Texas Ratio: 4.85%, Credit Union of New JerseyCredit Union of New Jersey1301 Parkway Ave, Ewing, NJ 08628A5.0 ★Texas Ratio: 6.56%, and TD BankTD Bank601 White Horse Pike, Absecon, NJ 08201A+5.0 ★Texas Ratio: 3.71%. 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 Somerset, New Jersey in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Somerset 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 Somerset, New Jersey
Market share is the lender's share of all home loans closed in Somerset, 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 |
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2 offices in Somerset 940 Easton Ave, Somerset, NJ 08873 A+5.0 ★Texas Ratio: 3.68% |
Conventional, HELOC | 9 +1 HELOCs |
2.9% | 69.2% | $456,111 | View |
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2 offices in Somerset 1229 Route 27, Somerset, NJ 08873 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 6 +7 HELOCs |
1.9% | 100% | $335,000 | View |
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2 offices in Somerset 1373 Route 27, Somerset, NJ 08873 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 5 | 1.6% | 83.3% | $369,000 | View |
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★ 1.7 stars, 3 reviews 1 office in Somerset 675 Franklin Blvd, Somerset, NJ 08873 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 2 +10 HELOCs |
0.6% | 100% | $345,000 | View |
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1 office in Somerset 151 Pierce St, Somerset, NJ 08873 A+5.0 ★Texas Ratio: 5.44% |
Conventional, HELOC | 1 +7 HELOCs |
0.3% | 100% | $385,000 | View |
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511 Cookman Ave, Asbury Park, NJ 07712 A+5.0 ★Texas Ratio: 3.46% |
Conventional, VA, HELOC | 5 +3 HELOCs |
1.6% | 83.3% | $587,000 | View |
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1801 Atlantic Avenue, Atlantic City, NJ 08401 A+5.0 ★Texas Ratio: 5.26% |
Conventional | 5 | 1.6% | 75% | $493,000 | View |
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20 N Main St, Allentown, NJ 08501 A+5.0 ★Texas Ratio: 4.85% |
Conventional, Jumbo, HELOC | 3 +1 HELOCs |
1% | 75% | $1,028,333 | View |
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1301 Parkway Ave, Ewing, NJ 08628 A5.0 ★Texas Ratio: 6.56% |
Conventional | 3 | 1% | 60% | $61,666 | View |
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601 White Horse Pike, Absecon, NJ 08201 A+5.0 ★Texas Ratio: 3.71% |
Conventional, HELOC | 2 +5 HELOCs |
0.6% | 50% | $155,000 | View |
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522 Broadway, Bayonne, NJ 07002 A+5.0 ★Texas Ratio: 5.76% |
Conventional, FHA | 2 | 0.6% | 100% | $340,000 | View |
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1636 Parker Ave, Fort Lee, NJ 07024 A+5.0 ★Texas Ratio: 3.17% |
Conventional | 2 | 0.6% | 100% | $410,000 | View |
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73 Mountainview Blvd, Basking Ridge, NJ 07920 3849 A5.0 ★Texas Ratio: 9.20% |
Conventional, HELOC | 1 +11 HELOCs |
0.3% | 100% | $285,000 | View |
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1154 Highway 34, Aberdeen, NJ 07747 A+5.0 ★Texas Ratio: 4.30% |
Conventional, HELOC | 1 +2 HELOCs |
0.3% | 100% | $35,000 | View |
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509 S White Horse Pike, Audubon, NJ 08106 A+5.0 ★Texas Ratio: 4.25% |
Conventional | 1 | 0.3% | 100% | $55,000 | View |
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171 Broadway # 173, Bayonne, NJ 07002 D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.3% | 50% | $325,000 | View |
Financial Freedom Mortgage, LLC
150 Route 17, East Rutherford, NJ 07073 |
FHA | 1 | 0.3% | 100% | $565,000 | |
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380 BERRY ST, WOODBRIDGE, NJ 07095 A+5.0 ★Texas Ratio: 4.22% |
Conventional | 1 | 0.3% | 100% | $155,000 | View |
Rutgers Federal Credit Union
98 College Ave, New Brunswick, NJ 08901 1149 |
Conventional | 1 | 0.3% | 100% | $105,000 | |
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464 Elizabeth Ave, Somerset, NJ 08873 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.3% | 100% | $545,000 | View |
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990 Cedar Bridge Ave, Brick, NJ 08723 A5.0 ★Texas Ratio: 10.13% |
Conventional | 1 | 0.3% | 100% | $75,000 | |
Northfield Bank
1410 Saint Georges Ave, Avenel, NJ 07001 |
Conventional | 1 | 0.3% | 100% | $405,000 | |
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675 Martinsville Rd, Basking Ridge, NJ 07920 A5.0 ★Texas Ratio: 7.41% |
Conventional | 1 | 0.3% | 100% | $345,000 | View |
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★ 3 stars, 1 review 85 Bridge Ave, Bay Head, NJ 08742 A+5.0 ★Texas Ratio: 5.71% |
Conventional | 1 | 0.3% | 100% | $75,000 | View |
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547 Broadway, Bayonne, NJ 07002 A+5.0 ★Texas Ratio: 4.11% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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340 E Main St, Denville, NJ 07834 2527 A+5.0 ★Texas Ratio: 3.83% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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1029 Neck Rd, Burlington, NJ 08016 A+5.0 ★Texas Ratio: 3.10% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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460 Georges Rd, Dayton, NJ 08810 A+5.0 ★Texas Ratio: 2.03% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
EMM Loans LLC
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Conventional, FHA | 3 | 1% | 100% | $455,000 | |
Advisors Mortgage Group, LLC
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Conventional | 3 | 1% | 75% | $388,333 | |
Weichert Financial Services
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Conventional | 3 | 1% | 100% | $438,333 | |
Financial Resources Federal Cr
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Conventional | 3 | 1% | 100% | $221,666 | |
Bond Street Mortgage, LLC
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Conventional | 2 | 0.6% | 100% | $385,000 | |
NJ Lenders Corp
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Conventional | 2 | 0.6% | 100% | $290,000 | |
American Federal Mortgage Corporation
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Conventional | 2 | 0.6% | 100% | $420,000 | |
Kwik Mortgage Corporation
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Conventional | 2 | 0.6% | 100% | $635,000 | |
MDE Home Loans LLC
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FHA | 1 | 0.3% | 100% | $815,000 | |
Millenium Home Mortgage
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Conventional | 1 | 0.3% | 100% | $545,000 | |
First Alliance Home Mortgage, LLC
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Conventional | 1 | 0.3% | 100% | $385,000 | |
Absolute Home Mortgage
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Conventional | 1 | 0.3% | 100% | $425,000 | |
MLB Residential Lending, LLC
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Conventional | 1 | 0.3% | 100% | $425,000 | |
Greenway Mortgage Funding Corp.
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Conventional | 1 | 0.3% | 100% | $235,000 | |
1St 2Nd Mortgage Company of N.J., Inc.
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Conventional | 1 | 0.3% | 100% | $385,000 | |
X - Healthcare Employees FCU - Moved to Portico 2025/09/01
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Conventional | 1 | 0.3% | 100% | $95,000 | |
HomeBridge Financial Services, Inc
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Rocket Mortgage
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Conventional, FHA, VA | 62 | 19.8% | 87.5% | $292,258 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 24 +3 HELOCs |
7.7% | 92.6% | $427,916 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, HELOC | 10 +1 HELOCs |
3.2% | 90.9% | $454,000 | |
Guaranteed Rate, Inc.
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Conventional, FHA, VA, HELOC | 9 +1 HELOCs |
2.9% | 90% | $383,888 | |
Movement Mortgage, LLC
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Conventional, FHA, VA, HELOC | 7 +1 HELOCs |
2.2% | 100% | $520,714 | |
Newrez LLC
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Conventional, FHA | 6 | 1.9% | 60% | $180,000 | |
loanDepot.com LLC
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Conventional, FHA | 6 | 1.9% | 75% | $270,000 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 6 | 1.9% | 85.7% | $308,333 | |
Freedom Mortgage Corporation
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Conventional, FHA | 5 | 1.6% | 87.5% | $515,000 | |
Embrace Home Loans, Inc.
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Conventional | 5 | 1.6% | 100% | $405,000 | |
Nationstar Mortgage
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Conventional | 5 | 1.6% | 100% | $209,000 | |
Discover Bank
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Conventional | 3 | 1% | 60% | $88,333 | |
Sun West Mortgage Company, Inc
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Conventional, FHA | 3 | 1% | 100% | $455,000 | |
Union Home Mortgage Corp.
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Conventional | 3 | 1% | 100% | $608,333 | |
Mortgage Research Center
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VA | 3 | 1% | 75% | $548,333 | |
Digital Federal Credit Union
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Conventional | 3 | 1% | 100% | $51,666 | |
Nationwide Mortgage Bankers, Inc.
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Conventional, FHA | 3 | 1% | 100% | $318,333 | |
Cmg Mortgage Inc
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Conventional, USDA, HELOC | 2 +1 HELOCs |
0.6% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 2 | 0.6% | 100% | $595,000 | View |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional, VA | 2 | 0.6% | 100% | $445,000 | View |
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A5.0 ★Texas Ratio: 11.06% |
Conventional | 2 | 0.6% | 100% | $440,000 | View |
PHH Mortgage Corporation
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Conventional, FHA | 2 | 0.6% | 100% | $440,000 | |
AmWest Funding Corp
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Conventional | 2 | 0.6% | 66.7% | $405,000 | |
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A5.0 ★Texas Ratio: 8.47% |
Conventional | 2 | 0.6% | 100% | $335,000 | View |
First Colony Mortgage Corporat
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Conventional | 2 | 0.6% | 100% | $310,000 | |
Uif Corporation
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Conventional | 2 | 0.6% | 100% | $540,000 | |
Nations Direct Mortgage, LLC
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Conventional | 2 | 0.6% | 100% | $490,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 2 | 0.6% | 100% | $360,000 | |
Mutual of Omaha Mortgage
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Conventional | 2 | 0.6% | 100% | $480,000 | |
Paramount Residential Mortgage
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Conventional | 2 | 0.6% | 100% | $375,000 | |
Reliance First Capital, LLC
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FHA | 2 | 0.6% | 100% | $615,000 | |
Pentagon Federal Credit Union
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Conventional, HELOC | 1 +2 HELOCs |
0.3% | 100% | $155,000 | |
Spring Eq, LLC
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Conventional, HELOC | 1 +2 HELOCs |
0.3% | 25% | $75,000 | |
Better Mortgage Corporation
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FHA, HELOC | 1 +1 HELOCs |
0.3% | 100% | $645,000 | |
New American Funding, LLC.
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Conventional, HELOC | 1 +1 HELOCs |
0.3% | 50% | $125,000 | |
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A+5.0 ★Texas Ratio: 2.32% |
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 50% | $205,000 | View |
Cornerstone First Mortgage, LLC
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FHA | 1 | 0.3% | 100% | $475,000 | |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 0.3% | 100% | $575,000 | |
Royal United Mortgage LLC
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FHA | 1 | 0.3% | 100% | $365,000 | |
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A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.3% | 100% | $845,000 | View |
Goodleap, LLC
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Conventional | 1 | 0.3% | 100% | $115,000 | |
Affordable Mortgage Advisors
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Conventional | 1 | 0.3% | 100% | $525,000 | |
Sage Home Loans Corporation
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Conventional | 1 | 0.3% | 100% | $485,000 | |
Guidance Residential, LLC
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Conventional | 1 | 0.3% | 100% | $455,000 | |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional | 1 | 0.3% | 100% | $445,000 | View |
Amerisave Mortgage Company
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FHA | 1 | 0.3% | 25% | $215,000 | |
American Financial Network, Inc.
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FHA | 1 | 0.3% | 100% | $265,000 | |
General Mortgage Capital Corporation
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Conventional | 1 | 0.3% | 100% | $245,000 | |
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A5.0 ★Texas Ratio: 8.76% |
Conventional | 1 | 0.3% | 100% | $475,000 | View |
Valon Mortgage
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Conventional | 1 | 0.3% | 100% | $235,000 | |
Success Mortgage Partners, Inc
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FHA | 1 | 0.3% | 100% | $405,000 | |
Developer's Mortgage Company
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Conventional | 1 | 0.3% | 100% | $345,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.3% | 100% | $165,000 | View |
Churchill Mortgage Corporation
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FHA | 1 | 0.3% | 100% | $455,000 | |
Provident Funding Associates
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Conventional | 1 | 0.3% | 100% | $395,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0.3% | 100% | $425,000 | View |
Nations Lending Corporation
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Conventional | 1 | 0.3% | 100% | $265,000 | |
BoxCar Mortgage, LLC
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Conventional | 1 | 0.3% | 100% | $505,000 | |
Communityamerica Federal Credit Union
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Conventional | 1 | 0.3% | 100% | $25,000 | |
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A+5.0 ★Texas Ratio: 2.85% |
FHA | 1 | 0.3% | 100% | $715,000 | View |
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A+5.0 ★Texas Ratio: 2.15% |
Conventional | 1 | 0.3% | 100% | $505,000 | View |
Lower, LLC
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VA | 1 | 0.3% | 50% | $545,000 | |
First Central Savings Bank
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Conventional | 1 | 0.3% | 100% | $205,000 | |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional | 1 | 0.3% | 100% | $505,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.3% | 50% | $545,000 | View |
Carrington Mortgage Services LLC
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FHA | 1 | 0.3% | 33.3% | $525,000 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.3% | 100% | $725,000 | View |
Polish & Slavic Federal Credit
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Conventional | 1 | 0.3% | 100% | $105,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +5 HELOCs |
0% | n/a | View | |
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A5.0 ★Texas Ratio: 8.14% |
HELOC | 0 +3 HELOCs |
0% | 0% | ||
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Citadel Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Georgia'S Own Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B+4.8 ★Texas Ratio: 17.52% |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Municipal Credit Union
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HELOC | 0 +1 HELOCs |
0% | 0% |
Somerset Mortgage Rate Trends
Daily average mortgage rates for New Jersey compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Somerset, New Jersey
Looking for mortgage lenders near me or mortgage brokers near me in Somerset? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Somerset in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Somerset, NJ
Use these to narrow the list above. Each category shows how many Somerset, NJ lenders fit and what that kind of lender is usually best for.
Who Lends in Somerset, NJ
Independent mortgage companies closed 72.5 percent of home loans in Somerset, New Jersey in 2025, banks 22 percent and credit unions 5.4 percent. Financial Freedom Mortgage, LLC was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and Credit Union of New Jersey the largest credit union. Among lenders headquartered in New Jersey, Provident Bank led with 5 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
Frequently Asked Questions About Mortgage Lenders in Somerset, NJ
By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Somerset, New Jersey with 9 loans, about 2.9 percent of the market. The largest lender headquartered in New Jersey was Provident Bank with 5 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Somerset, New Jersey, Rocket Mortgage approved the highest share of completed applications in 2025 at 87.5 percent, against a 85.8 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.
26 lenders closed FHA loans in Somerset, New Jersey in 2025, led by Rocket Mortgage with 5. 9 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.
Yes. 36 banks and 17 credit unions closed home loans in Somerset, New Jersey in 2025, alongside 67 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.
Lenders are ranked only by the number of home loans they closed in Somerset, 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 Somerset, 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 Somerset. 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.
