The Mortgage Record
Lender report card · New Jersey

Philadelphia Mortgage Advisors, Inc.

Plymouth Meeting, PA · What the federal mortgage record shows about how Philadelphia Mortgage Advisors, Inc. treated New Jersey applicants, 2018–2025 — 648 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
95.5%
619 approved
Denial rate
4.5%
29 denied
Decisions
648
2018–2025
Avg. rate spread
+0.27 pp
vs. market benchmark
95.5% approved
4.5% denied

Share of 648 New Jersey applications Philadelphia Mortgage Advisors, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional97.3% of 555 · NJ 87%FHA82.0% of 61 · NJ 79%

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

Approval rate over time

79%84%89%94%99%97%96%93%98%98%83%100%94%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Philadelphia Mortgage Advisors, Inc.’s rates ran -0.03 pp in line with than the typical New Jersey lender (average rate spread +0.27 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Philadelphia Mortgage Advisors, Inc. approves

By income
Under $50k80.4% · 46$50–75k94.8% · 116$75–100k96.6% · 88$100–150k96.9% · 162$150–250k98.7% · 152$250k+96.4% · 83
By debt-to-income
Under 36%97.6% · 29536–43%95.8% · 19243–50%96.0% · 149
By down payment (LTV)
20%+ down97.3% · 33810–20% down98.6% · 715–10% down98.2% · 563–5% down84.8% · 33Under 3% down84.7% · 72

Why Philadelphia Mortgage Advisors, Inc. denied applications

Debt-to-income ratio38% of denialsOther38% of denialsCollateral (value/type)28% of denialsEmployment history7% of denialsUnverifiable information7% of denialsCredit history3% of denials

Where Philadelphia Mortgage Advisors, Inc. lends in NJ

CountyDecisionsApproval
Cape May County22897.4%
Camden County8693.0%
Atlantic County7294.4%
Gloucester County4893.8%
Burlington County32100.0%
Ocean County3293.8%
Middlesex County30100.0%

Fees & closing costs

Median total loan costs
$4,468
home purchase
As % of loan
1.78%
NJ median 1.93%
Priced originations
434
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Philadelphia Mortgage Advisors, Inc.’s home-purchase originations — 0.16 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $570. 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 Philadelphia Mortgage Advisors, Inc. (LEI 254900VXX8ZL7L9EX282). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →