The Mortgage Record
Lender report card · New Jersey

Pike Creek Mortgage Services, Inc.

Newark, DE · What the federal mortgage record shows about how Pike Creek Mortgage Services, Inc. treated New Jersey applicants, 2018–2025 — 508 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.1%
478 approved
Denial rate
5.9%
30 denied
Decisions
508
2018–2025
Avg. rate spread
+0.18 pp
vs. market benchmark
94.1% approved
5.9% denied

Share of 508 New Jersey applications Pike Creek Mortgage Services, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.2% of 455 · NJ 87%FHA86.5% of 37 · NJ 79%

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

Approval rate over time

79%84%89%94%99%82%91%92%100%93%100%100%96%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Pike Creek Mortgage Services, Inc.’s rates ran -0.08 pp lower than the typical New Jersey lender (average rate spread +0.18 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Pike Creek Mortgage Services, Inc. approves

By income
$50–75k80.5% · 41$75–100k91.8% · 61$100–150k93.7% · 143$150–250k98.8% · 164$250k+98.7% · 77
By debt-to-income
Under 36%96.4% · 22136–43%98.3% · 11943–50%96.1% · 103Over 50%55.2% · 29
By down payment (LTV)
20%+ down95.1% · 26710–20% down97.9% · 475–10% down91.2% · 343–5% down88.0% · 25

Why Pike Creek Mortgage Services, Inc. denied applications

Other53% of denialsDebt-to-income ratio13% of denialsCredit history10% of denialsCollateral (value/type)10% of denialsUnverifiable information10% of denialsInsufficient cash to close3% of denials

Where Pike Creek Mortgage Services, Inc. lends in NJ

CountyDecisionsApproval
Gloucester County6895.6%
Camden County5791.2%
Cape May County3697.2%
Monmouth County3497.1%
Burlington County3190.3%
Morris County28100.0%
Bergen County2896.4%
Middlesex County2792.6%

Fees & closing costs

Median total loan costs
$5,018
home purchase
As % of loan
1.87%
NJ median 1.93%
Priced originations
235
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Pike Creek Mortgage Services, Inc.’s home-purchase originations — 0.06 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $725. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Pike Creek Mortgage Services, Inc. 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 Pike Creek Mortgage Services, Inc. (LEI 549300XED7IBK9VVQH70). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →