The Mortgage Record
Lender report card · New Jersey

Glendenning Mortgage Corporation

Toms River, NJ · What the federal mortgage record shows about how Glendenning Mortgage Corporation treated New Jersey applicants, 2018–2025 — 1,599 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.8%
1,500 approved
Denial rate
6.2%
99 denied
Decisions
1,599
2018–2025
Avg. rate spread
+0.52 pp
vs. market benchmark
93.8% approved
6.2% denied

Share of 1,599 New Jersey applications Glendenning Mortgage Corporation approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.2% of 1,279 · NJ 87%FHA88.7% of 239 · NJ 79%VA87.9% of 66 · NJ 80%

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

Approval rate over time

87%90%93%96%99%93%92%96%93%98%93%91%93%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Glendenning Mortgage Corporation’s rates ran +0.21 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 Glendenning Mortgage Corporation approves

By income
Under $50k90.1% · 232$50–75k92.9% · 326$75–100k92.2% · 256$100–150k95.5% · 374$150–250k96.1% · 281$250k+96.0% · 126
By debt-to-income
Under 36%97.4% · 58136–43%95.0% · 39843–50%94.2% · 447Over 50%77.4% · 84
By down payment (LTV)
20%+ down95.8% · 93810–20% down95.5% · 1575–10% down92.8% · 1253–5% down81.3% · 107Under 3% down83.9% · 62

Why Glendenning Mortgage Corporation denied applications

Collateral (value/type)55% of denialsDebt-to-income ratio17% of denialsCredit history13% of denialsOther12% of denialsUnverifiable information6% of denialsInsufficient cash to close3% of denials

Where Glendenning Mortgage Corporation lends in NJ

CountyDecisionsApproval
Ocean County1,31293.9%
Monmouth County13696.3%
Burlington County3585.7%
Atlantic County2688.5%

Fees & closing costs

Median total loan costs
$6,669
home purchase
As % of loan
2.81%
NJ median 1.93%
Priced originations
763
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Glendenning Mortgage Corporation’s home-purchase originations — 0.88 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $518. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Glendenning Mortgage Corporation to other lenders for your profile

Enter your income, county, DTI and down payment to see who approves borrowers like you.

Open the approval tool →

Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Glendenning Mortgage Corporation (LEI 549300ZD18AVSD0OG331). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →