The Mortgage Record
Lender report card · New Jersey

Envoy Mortgage, Ltd

Houston, TX · What the federal mortgage record shows about how Envoy Mortgage, Ltd treated New Jersey applicants, 2018–2025 — 2,103 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
84.3%
1,772 approved
Denial rate
15.7%
331 denied
Decisions
2,103
2018–2025
Avg. rate spread
+0.44 pp
vs. market benchmark
84.3% approved
15.7% denied

Share of 2,103 New Jersey applications Envoy Mortgage, Ltd approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional85.4% of 1,674 · NJ 87%FHA79.7% of 360 · NJ 79%VA84.2% of 57 · NJ 80%

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

Approval rate over time

79%83%87%91%95%94%85%83%82%84%84%89%96%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Envoy Mortgage, Ltd’s rates ran +0.11 pp higher than the typical New Jersey lender (average rate spread +0.44 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Envoy Mortgage, Ltd approves

By income
Under $50k61.7% · 183$50–75k84.0% · 300$75–100k82.9% · 368$100–150k87.9% · 562$150–250k87.6% · 461$250k+89.1% · 229
By debt-to-income
Under 36%81.7% · 82336–43%88.5% · 50443–50%90.9% · 596Over 50%62.2% · 180
By down payment (LTV)
20%+ down92.3% · 1,02210–20% down94.9% · 2375–10% down95.3% · 1713–5% down87.6% · 193Under 3% down90.0% · 50

Why Envoy Mortgage, Ltd denied applications

Incomplete application73% of denialsCredit history12% of denialsOther7% of denialsDebt-to-income ratio6% of denialsCollateral (value/type)3% of denialsInsufficient cash to close2% of denials

Where Envoy Mortgage, Ltd lends in NJ

CountyDecisionsApproval
Monmouth County42396.2%
Camden County30071.0%
Middlesex County21991.3%
Bergen County18294.5%
Ocean County15893.7%
Gloucester County14966.4%
Atlantic County10980.7%
Burlington County9667.7%

Fees & closing costs

Median total loan costs
$5,559
home purchase
As % of loan
1.95%
NJ median 1.93%
Priced originations
1,049
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Envoy Mortgage, Ltd’s home-purchase originations — about the 1.93% New Jersey median. Typical lender credit toward costs: $200. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

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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 Envoy Mortgage, Ltd (LEI 549300J6N77Q8OHYNF23). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →