Lender report card · New Jersey

Watermark Capital, Inc.

Irvine, CA · What the federal mortgage record shows about how Watermark Capital, Inc. treated New Jersey applicants, 2018–2025 — 375 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
96.0%
360 approved
Denial rate
4.0%
15 denied
Decisions
375
2018–2025
Avg. rate spread
-0.07 pp
vs. market benchmark
96.0% approved
4.0% denied

Share of 375 New Jersey applications Watermark Capital, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional97.2% of 359 · NJ 87%

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

Approval rate over time

89%91%93%95%97%99%93%95%97%98%92%100%100%100%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Watermark Capital, Inc.’s rates ran -0.32 pp lower than the typical New Jersey lender (average rate spread -0.07 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Watermark Capital, Inc. approves

By income
$50–75k96.4% · 28$75–100k95.2% · 63$100–150k95.7% · 115$150–250k96.6% · 118$250k+97.6% · 41
By debt-to-income
Under 36%97.4% · 19236–43%97.9% · 9443–50%96.1% · 76
By down payment (LTV)
20%+ down97.9% · 281

Why Watermark Capital, Inc. denied applications

Collateral (value/type)60% of denialsCredit history13% of denialsDebt-to-income ratio13% of denialsEmployment history7% of denialsUnverifiable information7% of denials

Where Watermark Capital, Inc. lends in NJ

CountyDecisionsApproval
Middlesex County5198.0%
Bergen County4197.6%
Monmouth County3494.1%
Morris County2986.2%
Essex County2892.9%

Fees & closing costs

Median total loan costs
$5,540
home purchase
As % of loan
1.57%
NJ median 1.93%
Priced originations
70
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Watermark Capital, Inc.’s home-purchase originations — 0.36 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $1,474. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Watermark Capital, 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 Watermark Capital, Inc. (LEI 2549005Q4HZ55QX7YC64). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →