Lenders › JMAC Lending, Inc. › New Jersey
JMAC Lending, Inc. in New Jersey
HMDA record for properties in New Jersey, calendar year 2024. National record · New Jersey overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In New Jersey, JMAC Lending, Inc. reported 298 applications and 175 originations for 2024, $87m in all.
Its denial rate in the state was 7.9%, below the New Jersey rate of 26.0% across all lenders and compared with the lender's national rate of 9.6%.
The median rate spread on its New Jersey originations was 0.5 percentage points (state median 0.4).
Applications in the state were up 534% on 2023.
Compared with the state and the lender's national record
| Measure | In New Jersey | New Jersey, all lenders | JMAC Lending, Inc., all states | United States |
|---|---|---|---|---|
| Denial rate | 7.9% | 26.0% | 9.6% | 24.3% |
| Median rate spread, pp | 0.5 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.3% | 17.7% | 13.0% | 15.6% |
| Average originated loan | $495k | $387k | $448k | $329k |
| Home purchase share | 81.1% | 51.0% | 77.6% | 57.0% |
| FHA-insured share | 23.4% | 11.2% | 25.0% | 13.4% |
| VA-guaranteed share | 1.7% | 2.9% | 7.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew Jersey, all lenders
Loan purpose and loan type in New Jersey
By purpose
Home purchase 81% (142)Refinancing 6% (11)Cash-out refinancing 13% (22)
By type
Conventional 75% (131)FHA 23% (41)VA 2% (3)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in New Jersey
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Bergen County | 53 | 34 | $21m | 8.1% |
| Ocean County | 32 | 24 | $12m | 7.7% |
| Middlesex County | 46 | 23 | $10m | — |
| Morris County | 30 | 19 | $8.3m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did JMAC Lending, Inc. originate in New Jersey in 2024?
175 loans totalling $87m, from 298 applications reported for properties in New Jersey.
What is JMAC Lending, Inc.'s denial rate in New Jersey?
7.9% of decided applications in New Jersey were denied, against 26.0% for all lenders in the state and 9.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which New Jersey counties does JMAC Lending, Inc. lend in most?
By originations: Bergen County (34), Ocean County (24), Middlesex County (23), Morris County (19).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in New Jersey. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.