The Mortgage Record
Lender report card · New Jersey

Citibank, Na

New York, NY · What the federal mortgage record shows about how Citibank, Na treated New Jersey applicants, 2018–2025 — 8,218 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
90.5%
7,441 approved
Denial rate
9.5%
777 denied
Decisions
8,218
2018–2025
Avg. rate spread
-0.34 pp
vs. market benchmark
90.5% approved
9.5% denied

Share of 8,218 New Jersey applications Citibank, Na approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional90.9% of 8,154 · NJ 87%FHA40.4% of 47 · NJ 79%

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

Approval rate over time

82%85%88%91%94%97%85%89%91%92%94%95%91%90%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Citibank, Na’s rates ran -0.57 pp lower than the typical New Jersey lender (average rate spread -0.34 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Citibank, Na approves

By income
Under $50k40.1% · 187$50–75k71.4% · 350$75–100k79.4% · 509$100–150k86.1% · 937$150–250k90.8% · 1,483$250k+96.1% · 3,963
By debt-to-income
Under 36%96.1% · 5,16836–43%93.6% · 1,90943–50%85.5% · 758Over 50%7.2% · 349
By down payment (LTV)
20%+ down92.0% · 5,62910–20% down93.9% · 1,2825–10% down77.4% · 1683–5% down60.0% · 60Under 3% down20.6% · 34

Why Citibank, Na denied applications

Debt-to-income ratio52% of denialsCollateral (value/type)32% of denialsInsufficient cash to close17% of denialsCredit history16% of denialsUnverifiable information16% of denialsOther13% of denials

Where Citibank, Na lends in NJ

CountyDecisionsApproval
Bergen County1,75889.9%
Essex County1,17390.8%
Hudson County1,12689.3%
Monmouth County74192.3%
Union County64093.4%
Ocean County61493.0%
Morris County49894.2%
Middlesex County38487.8%

Fees & closing costs

Median total loan costs
$6,747
home purchase
As % of loan
0.91%
NJ median 1.93%
Priced originations
4,954
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Citibank, Na’s home-purchase originations — 1.03 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $1,402. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Citibank, Na 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 Citibank, Na (LEI E57ODZWZ7FF32TWEFA76). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →