The Mortgage Record
Lender report card · New Jersey

Guidance Residential, Llc

Reston, VA · What the federal mortgage record shows about how Guidance Residential, Llc treated New Jersey applicants, 2018–2025 — 1,583 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.7%
1,484 approved
Denial rate
6.3%
99 denied
Decisions
1,583
2018–2025
Avg. rate spread
+0.43 pp
vs. market benchmark
93.7% approved
6.3% denied

Share of 1,583 New Jersey applications Guidance Residential, Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional93.7% of 1,583 · NJ 87%

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

Approval rate over time

84%88%92%96%100%88%93%94%93%95%95%99%96%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Guidance Residential, Llc’s rates ran +0.21 pp higher than the typical New Jersey lender (average rate spread +0.43 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Guidance Residential, Llc approves

By income
Under $50k63.1% · 65$50–75k88.0% · 167$75–100k91.6% · 239$100–150k96.8% · 531$150–250k96.8% · 437$250k+97.2% · 141
By debt-to-income
Under 36%96.5% · 69436–43%95.7% · 37443–50%94.7% · 476Over 50%12.8% · 39
By down payment (LTV)
20%+ down94.1% · 96110–20% down96.0% · 2235–10% down95.4% · 197

Why Guidance Residential, Llc denied applications

Debt-to-income ratio34% of denialsCredit history21% of denialsEmployment history15% of denialsCollateral (value/type)12% of denialsUnverifiable information10% of denialsMortgage insurance denied5% of denials

Where Guidance Residential, Llc lends in NJ

CountyDecisionsApproval
Middlesex County54095.0%
Passaic County17989.9%
Bergen County15394.1%
Somerset County12498.4%
Mercer County9891.8%
Burlington County8293.9%
Hudson County6992.8%
Camden County6692.4%

Fees & closing costs

Median total loan costs
$5,938
home purchase
As % of loan
1.72%
NJ median 1.93%
Priced originations
956
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Guidance Residential, Llc’s home-purchase originations — 0.21 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $455. 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 Guidance Residential, Llc (LEI 549300RD5IG88VPO6P22). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →