The Mortgage Record
Lender report card · New Jersey

Greentree Mortgage Company, L.p.

Gibbsboro, NJ · What the federal mortgage record shows about how Greentree Mortgage Company, L.p. treated New Jersey applicants, 2018–2025 — 18,950 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
98.7%
18,707 approved
Denial rate
1.3%
243 denied
Decisions
18,950
2018–2025
Avg. rate spread
+0.58 pp
vs. market benchmark
98.7% approved
1.3% denied

Share of 18,950 New Jersey applications Greentree Mortgage Company, L.p. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional99.2% of 12,331 · NJ 87%FHA97.8% of 5,574 · NJ 79%VA97.6% of 788 · NJ 80%USDA96.9% of 257 · NJ 87%

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

Approval rate over time

92%94%96%98%100%98%98%99%99%99%99%99%2018201920202021202220232024

Pricing

Adjusting for its loan-type mix, Greentree Mortgage Company, L.p.’s rates ran +0.15 pp higher than the typical New Jersey lender (average rate spread +0.58 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Greentree Mortgage Company, L.p. approves

By income
Under $50k97.3% · 2,515$50–75k98.6% · 4,568$75–100k99.0% · 3,849$100–150k99.0% · 4,504$150–250k99.3% · 2,709$250k+99.5% · 805
By debt-to-income
Under 36%99.5% · 6,60236–43%99.2% · 4,64243–50%98.9% · 5,047Over 50%94.8% · 2,194
By down payment (LTV)
20%+ down99.3% · 7,68010–20% down99.3% · 2,1975–10% down98.8% · 2,2363–5% down97.9% · 4,109Under 3% down97.2% · 937

Why Greentree Mortgage Company, L.p. denied applications

Incomplete application28% of denialsDebt-to-income ratio21% of denialsCredit history19% of denialsOther16% of denialsEmployment history9% of denialsCollateral (value/type)8% of denials

Where Greentree Mortgage Company, L.p. lends in NJ

CountyDecisionsApproval
Gloucester County4,40798.9%
Camden County4,30098.8%
Atlantic County3,03199.0%
Burlington County2,70798.8%
Ocean County1,15299.1%
Salem County77698.1%
Cumberland County64297.2%
Cape May County50297.6%

Fees & closing costs

Median total loan costs
$5,014
home purchase
As % of loan
2.70%
NJ median 1.93%
Priced originations
13,806
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Greentree Mortgage Company, L.p.’s home-purchase originations — 0.76 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $465. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Greentree Mortgage Company, L.p. 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 Greentree Mortgage Company, L.p. (LEI 549300BCHY7VFHESOE22). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →