The Mortgage Record
Lender report card · New Jersey

Tidewater Mortgage Services, Inc

Virginia Beach, VA · What the federal mortgage record shows about how Tidewater Mortgage Services, Inc treated New Jersey applicants, 2018–2025 — 611 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
96.1%
587 approved
Denial rate
3.9%
24 denied
Decisions
611
2018–2025
Avg. rate spread
+0.47 pp
vs. market benchmark
96.1% approved
3.9% denied

Share of 611 New Jersey applications Tidewater 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 Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.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

Conventional97.5% of 475 · NJ 87%FHA91.1% of 123 · NJ 79%

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

Approval rate over time

83%87%91%95%99%86%97%98%98%98%100%95%96%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Tidewater Mortgage Services, Inc’s rates ran +0.11 pp higher than the typical New Jersey lender (average rate spread +0.47 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Tidewater Mortgage Services, Inc approves

By income
Under $50k75.0% · 28$50–75k91.7% · 48$75–100k95.1% · 102$100–150k99.0% · 193$150–250k97.7% · 177$250k+96.8% · 63
By debt-to-income
Under 36%98.6% · 22136–43%97.6% · 16443–50%97.6% · 168Over 50%77.2% · 57
By down payment (LTV)
20%+ down97.9% · 33810–20% down100.0% · 835–10% down98.4% · 633–5% down96.4% · 28

Why Tidewater Mortgage Services, Inc denied applications

Collateral (value/type)38% of denialsDebt-to-income ratio33% of denialsCredit history21% of denialsUnverifiable information4% of denialsIncomplete application4% of denialsOther4% of denials

Where Tidewater Mortgage Services, Inc lends in NJ

CountyDecisionsApproval
Monmouth County17795.5%
Ocean County8897.7%
Middlesex County60100.0%
Union County45100.0%
Somerset County4397.7%
Morris County3694.4%
Bergen County2592.0%

Fees & closing costs

Median total loan costs
$7,038
home purchase
As % of loan
1.99%
NJ median 1.93%
Priced originations
364
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Tidewater Mortgage Services, Inc’s home-purchase originations — 0.06 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $1,200. 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 Tidewater Mortgage Services, Inc (LEI 5493005R34FLBMCPWB41). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →