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FRC Intelligence · 2025 federal record

Lakewood-New Brunswick, NJ: 24.1% of FHA applications were denied in 2025.

Of 5,956 FHA applications reaching a credit decision in this metro in 2025, 1,435 were formally denied. Small applications (<$150K) were denied at 38.9% vs 22.6% for large ones ($250K+) — a 1.72× penalty.

The doors of Lakewood-New Brunswick, NJ

The metro's five highest-volume FHA lenders, by observed 2025 denial rate — a 20.2-point spread inside one metro:

LenderDecisioned apps (this metro)Denial rate
CROSSCOUNTRY MORTGAGE, LLC3137.7%
FREEDOM MORTGAGE CORPORATION26120.7%
PENNYMAC LOAN SERVICES LLC32121.2%
ROCKET MORTGAGE42624.9%
United Wholesale Mortgage50627.9%

What to do with this

A metro average is a tendency, not a rule — and the table above shows why: the same city contains very different doors. If you've been denied, decode the reason first, then pick the next door on the record, not on advertising.

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