Lenders › CMG Mortgage Inc › New Jersey
CMG Mortgage 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.
CMG Mortgage Inc's 2024 HMDA record for New Jersey covers 3,111 applications, 1,878 of them originated, worth $655m.
Its denial rate in the state was 8.9%, below the New Jersey rate of 26.0% across all lenders and compared with the lender's national rate of 5.7%.
The median rate spread on its New Jersey originations was 0.5 percentage points (state median 0.4).
Applications in the state were up 80% on 2023.
Compared with the state and the lender's national record
| Measure | In New Jersey | New Jersey, all lenders | CMG Mortgage Inc, all states | United States |
|---|---|---|---|---|
| Denial rate | 8.9% | 26.0% | 5.7% | 24.3% |
| Median rate spread, pp | 0.5 | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 12.3% | 17.7% | 8.5% | 15.6% |
| Average originated loan | $349k | $387k | $370k | $329k |
| Home purchase share | 85.1% | 51.0% | 86.5% | 57.0% |
| FHA-insured share | 18.1% | 11.2% | 19.3% | 13.4% |
| VA-guaranteed share | 3.4% | 2.9% | 10.4% | 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 85% (1,598)Home improvement 1% (24)Refinancing 4% (74)Cash-out refinancing 5% (98)Other purpose 4% (84)
By type
Conventional 68% (1,280)FHA 18% (339)VA 3% (63)USDA 10% (196)
Denial reasons as coded
Share of 213 denials in New Jersey by first denial reason coded (outlined bar: all lenders in the state).
Counties in New Jersey
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Ocean County | 413 | 251 | $82m | 6.8% |
| Burlington County | 288 | 187 | $53m | 8.3% |
| Camden County | 253 | 159 | $33m | 6.5% |
| Gloucester County | 205 | 149 | $41m | 6.8% |
| Middlesex County | 223 | 126 | $45m | 9.1% |
| Passaic County | 203 | 121 | $52m | 11.3% |
| Monmouth County | 219 | 112 | $48m | 10.7% |
| Bergen County | 196 | 110 | $52m | 9.9% |
| Mercer County | 151 | 91 | $22m | 9.7% |
| Morris County | 128 | 84 | $37m | 4.9% |
| Essex County | 165 | 82 | $37m | 11.5% |
| Union County | 109 | 62 | $28m | 7.7% |
| Cape May County | 82 | 56 | $27m | 4.8% |
| Hudson County | 89 | 55 | $26m | 11.1% |
| Atlantic County | 94 | 54 | $15m | 11.4% |
| Sussex County | 73 | 46 | $15m | 10.0% |
| Somerset County | 76 | 44 | $18m | 14.0% |
| Salem County | 37 | 25 | $4.7m | 20.6% |
| Cumberland County | 35 | 24 | $5.0m | 15.2% |
| Warren County | 35 | 21 | $5.7m | 16.0% |
| Hunterdon County | 37 | 19 | $8.1m | 0.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did CMG Mortgage Inc originate in New Jersey in 2024?
1,878 loans totalling $655m, from 3,111 applications reported for properties in New Jersey.
What is CMG Mortgage Inc's denial rate in New Jersey?
8.9% of decided applications in New Jersey were denied, against 26.0% for all lenders in the state and 5.7% 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 CMG Mortgage Inc lend in most?
By originations: Ocean County (251), Burlington County (187), Camden County (159), Gloucester County (149), Middlesex County (126).
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 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.