New Jersey · Home purchase
Best lenders for low-down-payment buyers in New Jersey
Putting down less than 5% (a 95%+ loan-to-value) makes some lenders cautious. These are the ones that still approve low-down buyers. Across 146,776 low-down-payment home-purchase decisions statewide (2018–2025), lenders approved 86.5%. Here are the lenders that approve low-down-payment buyers most, and the county-by-county picture.
Statewide approval
86.5%
127,012 of 146,776
Denial rate
13.5%
19,764 denied
Decisions
146,776
2018–2025
Top low-down-payment lenders statewide
| Lender | Approval | Decisions | Denied | Avg. rate spread |
|---|---|---|---|---|
| Greentree Mortgage Company, L.p. Gibbsboro, NJ | 97.8% | 4,790 | 104 | +0.92 pp |
| Crosscountry Mortgage, Llc Cleveland, OH | 94.0% | 6,366 | 379 | +0.87 pp |
| Absolute Home Mortgage Fairfield, NJ | 93.5% | 3,483 | 227 | +0.95 pp |
| Nj Lenders Corp Little Falls, NJ | 93.1% | 2,685 | 185 | +0.65 pp |
| Allied Mortgage Group, Inc Bala Cynwyd, PA | 92.8% | 2,427 | 174 | +1.00 pp |
| American Neighborhood Mortgage Acceptance Company Mt. Laurel, NJ | 92.3% | 4,788 | 369 | +1.09 pp |
| Advisors Mortgage Group, Llc Ocean, NJ | 91.5% | 3,475 | 296 | +0.80 pp |
| Gateway First Bank Jenks, OK | 91.4% | 3,281 | 282 | +1.00 pp |
| Paramount Residential Mortgage Corona, CA | 90.8% | 3,224 | 297 | +1.03 pp |
| Guaranteed Rate, Inc. Chicago, IL | 90.2% | 3,503 | 344 | +0.65 pp |
| Finance Of America Mortgage Llc Horsham, PA | 89.7% | 3,290 | 339 | +0.79 pp |
| Caliber Home Loans, Inc. Fort Washington, PA | 89.3% | 3,343 | 358 | +0.87 pp |
| Movement Mortgage, Llc Indian Land, SC | 89.2% | 2,390 | 258 | +0.88 pp |
| Homebridge Financial Services, Inc Iselin, NJ | 88.9% | 2,201 | 245 | +0.92 pp |
| Family First Funding Llc Toms River, NJ | 84.0% | 2,407 | 384 | +1.09 pp |
By county
AtlanticBergenBurlingtonCamdenCape MayCumberlandEssexGloucesterHudsonHunterdonMercerMiddlesexMonmouthMorrisOceanPassaicSalemSomersetSussexUnionWarren
Other buyer situations
Best FHA lendersBest VA lendersBest USDA lendersBest jumbo lendersBest lenders for high debt-to-income buyersBest lenders for lower-income buyersBest investment-property lendersBest manufactured-home lenders
Source: CFPB HMDA data, 2018–2025. Methodology →