The Mortgage Record
Lender report card · New Jersey

Realfi Home Funding Corp

White Plains, NY · What the federal mortgage record shows about how Realfi Home Funding Corp treated New Jersey applicants, 2018–2025 — 3,906 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
94.6%
3,694 approved
Denial rate
5.4%
212 denied
Decisions
3,906
2018–2025
Avg. rate spread
+0.78 pp
vs. market benchmark
94.6% approved
5.4% denied

Share of 3,906 New Jersey applications Realfi Home Funding Corp approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional96.2% of 2,556 · NJ 87%FHA90.6% of 1,198 · NJ 79%VA97.3% of 112 · NJ 80%USDA100.0% of 40 · NJ 87%

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

Approval rate over time

85%88%91%94%97%94%95%94%96%93%88%201820192020202120222023

Pricing

Adjusting for its loan-type mix, Realfi Home Funding Corp’s rates ran +0.35 pp higher than the typical New Jersey lender (average rate spread +0.78 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Realfi Home Funding Corp approves

By income
Under $50k88.4% · 387$50–75k94.3% · 865$75–100k93.9% · 830$100–150k96.4% · 1,049$150–250k96.8% · 568$250k+95.0% · 202
By debt-to-income
Under 36%97.3% · 1,13236–43%96.6% · 97443–50%95.9% · 1,169Over 50%82.6% · 568
By down payment (LTV)
20%+ down96.9% · 1,32510–20% down94.2% · 3635–10% down94.9% · 3503–5% down90.4% · 583Under 3% down92.1% · 76

Why Realfi Home Funding Corp denied applications

Debt-to-income ratio41% of denialsCredit history19% of denialsCollateral (value/type)15% of denialsInsufficient cash to close15% of denialsOther11% of denialsEmployment history10% of denials

Where Realfi Home Funding Corp lends in NJ

CountyDecisionsApproval
Morris County52696.6%
Ocean County52495.6%
Sussex County47295.8%
Union County34491.3%
Monmouth County33895.3%
Middlesex County31394.6%
Essex County23895.4%
Bergen County22892.1%

Fees & closing costs

Median total loan costs
$6,725
home purchase
As % of loan
2.91%
NJ median 1.93%
Priced originations
2,655
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Realfi Home Funding Corp’s home-purchase originations — 0.97 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $450. 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 Realfi Home Funding Corp (LEI 5493005XCKCOIX4JMI33). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →