The Mortgage Record
Lender report card · New Jersey

Mutual Of Omaha Mortgage

Lombard, IL · What the federal mortgage record shows about how Mutual Of Omaha Mortgage treated New Jersey applicants, 2018–2025 — 5,019 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
60.9%
3,057 approved
Denial rate
39.1%
1,962 denied
Decisions
5,019
2018–2025
Avg. rate spread
+0.36 pp
vs. market benchmark
60.9% approved
39.1% denied

Share of 5,019 New Jersey applications Mutual Of Omaha Mortgage approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional67.9% of 3,288 · NJ 87%FHA43.9% of 1,342 · NJ 79%VA60.6% of 388 · NJ 80%

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

Approval rate over time

44%58%72%86%100%100%47%66%63%49%56%65%69%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Mutual Of Omaha Mortgage’s rates ran +0.02 pp in line with than the typical New Jersey lender (average rate spread +0.36 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Mutual Of Omaha Mortgage approves

By income
Under $50k30.1% · 628$50–75k50.6% · 890$75–100k58.6% · 929$100–150k67.0% · 1,214$150–250k75.8% · 938$250k+83.3% · 353
By debt-to-income
Under 36%74.3% · 1,52236–43%72.8% · 1,08243–50%69.4% · 1,170Over 50%23.1% · 1,174
By down payment (LTV)
20%+ down61.9% · 4,05810–20% down55.4% · 4845–10% down69.0% · 1713–5% down51.3% · 117Under 3% down38.1% · 134

Why Mutual Of Omaha Mortgage denied applications

Credit history49% of denialsDebt-to-income ratio41% of denialsCollateral (value/type)17% of denialsUnverifiable information9% of denialsIncomplete application5% of denialsOther4% of denials

Where Mutual Of Omaha Mortgage lends in NJ

CountyDecisionsApproval
Bergen County49964.1%
Ocean County47066.4%
Middlesex County45761.7%
Monmouth County38863.1%
Burlington County37260.5%
Essex County34057.4%
Camden County30157.8%
Morris County27565.5%

Fees & closing costs

Median total loan costs
$6,369
home purchase
As % of loan
1.43%
NJ median 1.93%
Priced originations
602
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Mutual Of Omaha Mortgage’s home-purchase originations — 0.50 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $535. 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 Mutual Of Omaha Mortgage (LEI 549300OPCWU6E72WUT29). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →