The Mortgage Record
Lender report card · New Jersey

Absolute Home Mortgage

Fairfield, NJ · What the federal mortgage record shows about how Absolute Home Mortgage treated New Jersey applicants, 2018–2025 — 16,131 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
96.0%
15,482 approved
Denial rate
4.0%
649 denied
Decisions
16,131
2018–2025
Avg. rate spread
+0.52 pp
vs. market benchmark
96.0% approved
4.0% denied

Share of 16,131 New Jersey applications Absolute Home Mortgage approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional97.4% of 11,506 · NJ 87%FHA92.4% of 4,197 · NJ 79%VA92.5% of 362 · NJ 80%USDA97.0% of 66 · NJ 87%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

90%92%94%96%98%100%93%96%98%96%94%95%96%96%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Absolute Home Mortgage’s rates ran +0.11 pp higher than the typical New Jersey lender (average rate spread +0.52 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Absolute Home Mortgage approves

By income
Under $50k92.0% · 1,101$50–75k93.5% · 2,655$75–100k95.6% · 3,316$100–150k96.9% · 4,663$150–250k97.6% · 3,288$250k+98.2% · 1,107
By debt-to-income
Under 36%98.3% · 4,98936–43%97.7% · 3,83043–50%96.6% · 5,070Over 50%85.6% · 2,068
By down payment (LTV)
20%+ down98.0% · 7,58610–20% down96.4% · 1,9295–10% down96.2% · 1,9823–5% down88.9% · 891Under 3% down95.2% · 2,765

Why Absolute Home Mortgage denied applications

Debt-to-income ratio37% of denialsCredit history22% of denialsOther16% of denialsCollateral (value/type)16% of denialsUnverifiable information11% of denialsInsufficient cash to close8% of denials

Where Absolute Home Mortgage lends in NJ

CountyDecisionsApproval
Morris County1,65597.3%
Monmouth County1,38397.5%
Middlesex County1,36896.6%
Camden County1,35095.4%
Bergen County1,15697.1%
Burlington County1,11995.0%
Sussex County1,05396.5%
Ocean County1,03696.3%

Fees & closing costs

Median total loan costs
$7,590
home purchase
As % of loan
2.79%
NJ median 1.93%
Priced originations
10,627
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Absolute Home Mortgage’s home-purchase originations — 0.86 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $408. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Consumer complaints

CFPB complaints
11
from NJ, 2022–present

Complaints New Jersey mortgage customers filed against Absolute Home Mortgage with the federal Consumer Financial Protection Bureau, 2022–present. Most common issue: Closing on a mortgage. Most mortgage complaints concern servicing — payments, escrow, and foreclosure — so this reflects a company’s customer experience as much as its lending, and volume partly tracks how many loans it services. Source: CFPB Consumer Complaint Database.

Compare Absolute Home Mortgage to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Absolute Home Mortgage (LEI 549300D4ZYLSQ5LMTV35). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →