The Mortgage Record
Lender report card · New Jersey

Guaranty Home Mortgage Corporation

Nashville, TN · What the federal mortgage record shows about how Guaranty Home Mortgage Corporation treated New Jersey applicants, 2018–2025 — 484 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.6%
458 approved
Denial rate
5.4%
26 denied
Decisions
484
2018–2025
Avg. rate spread
+0.20 pp
vs. market benchmark
94.6% approved
5.4% denied

Share of 484 New Jersey applications Guaranty Home 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 Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.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

Conventional94.8% of 466 · NJ 87%

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

Approval rate over time

83%87%91%95%99%100%96%93%87%100%20192020202120222023

Pricing

Adjusting for its loan-type mix, Guaranty Home Mortgage Corporation’s rates ran -0.04 pp lower than the typical New Jersey lender (average rate spread +0.20 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Guaranty Home Mortgage Corporation approves

By income
$50–75k91.8% · 49$75–100k94.1% · 68$100–150k94.2% · 138$150–250k97.9% · 141$250k+97.0% · 67
By debt-to-income
Under 36%98.3% · 24036–43%96.2% · 10643–50%95.5% · 112
By down payment (LTV)
20%+ down95.1% · 37110–20% down97.8% · 46

Why Guaranty Home Mortgage Corporation denied applications

Debt-to-income ratio54% of denialsOther23% of denialsEmployment history15% of denialsIncomplete application12% of denialsCollateral (value/type)12% of denialsInsufficient cash to close8% of denials

Where Guaranty Home Mortgage Corporation lends in NJ

CountyDecisionsApproval
Burlington County6195.1%
Middlesex County4695.7%
Union County42100.0%
Bergen County4197.6%
Monmouth County3897.4%
Somerset County3797.3%
Camden County3794.6%
Essex County32100.0%

Fees & closing costs

Median total loan costs
$7,215
home purchase
As % of loan
2.12%
NJ median 1.93%
Priced originations
105
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Guaranty Home Mortgage Corporation’s home-purchase originations — 0.19 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $2,949. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Guaranty Home Mortgage Corporation 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 Guaranty Home Mortgage Corporation (LEI 5493005HCI0Y8LUK5S48). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →