What people paid for mortgages in Essex County, NJ (2025)
Across 4,234 closed home-purchase loans in 2025, the median interest rate in Essex was 6.375%, and the middle half of borrowers got between 5.99% and 6.75%. Median total loan costs ran $8,975 on a median loan of $605,000. Source: federal HMDA filings on first-lien, owner-occupied loans.
Home purchase
- Median rate
- 6.375%
- Middle half of rates
- 5.99%–6.75%
- Median total loan costs
- $8,975
- Median loan amount
- $605,000
4,234 loans, 2025.
Refinance
- Median rate
- 6.125%
- Middle half of rates
- 5.75%–6.625%
- Median total loan costs
- $8,507
- Median loan amount
- $495,000
2,068 loans, 2025.
Lowest median rates in Essex (2025)
The lenders whose own closed loans had the lowest median interest rate here, among lenders with enough local volume for the median to mean something. A low median is a reason to include that lender when you collect Loan Estimates; it is not a promise about the rate you will be quoted. An independent mortgage broker can pull quotes from several lenders at once on one application.
Home purchase
- 1.Bank of America, National Association5.625%103 loans, median costs $7,147
- 2.Provident Bank5.625%60 loans, median costs $5,691
- 3.Municipal Credit Union5.625%37 loans, median costs $8,071
- 4.Wells Fargo Bank, National Association5.75%68 loans, median costs $8,614
- 5.Valley National Bank5.75%60 loans, median costs $5,767
Among lenders with at least 30 closed purchase loans in Essex County in 2025.
Refinance
- 1.Manufacturers and Traders Trust Company5.5%39 loans, median costs $6,013
- 2.TD Bank, National Association5.625%67 loans, median costs $1,931
- 3.Rocket Mortgage, LLC5.99%229 loans, median costs $8,354
- 4.Bank of America, National Association5.99%33 loans, median costs $5,512
- 5.UNITED SHORE FINANCIAL SERVICES, LLCbroker only5.999%195 loans, median costs $12,369
Among lenders with at least 30 closed refinance loans in Essex County in 2025.
Lender by lender in Essex
Every lender that closed at least 5 qualifying loans in Essex County in 2025, sorted by loan count. The # column is the lender's rank here by closed loans for the selected purpose. Median origination is the lender's own charges (Loan Estimate section A); median points is the discount-points portion. Lenders marked "broker only" fund loans through independent mortgage brokers rather than taking applications directly.
| # | Lender | Loans | Median rate | Median total costs | Median origination | Median points |
|---|---|---|---|---|---|---|
| 1 | CROSSCOUNTRY MORTGAGE, INC. | 328 | 6.625% | $10,801 | $2,730 | $5,136 |
| 2 | GUARANTEED RATE, INC. | 281 | 6.35% | $7,747 | $1,640 | $1,785 |
| 3 | UNITED SHORE FINANCIAL SERVICES, LLCbroker only | 256 | 6.478% | $15,870 | $7,688 | $3,220 |
| 4 | JPMorgan Chase Bank, National Association | 181 | 6.25% | $6,541 | $1,586 | $2,624 |
| 5 | Rocket Mortgage, LLC | 136 | 6.433% | $8,223 | $4,116 | $4,245 |
| 6 | Paramount Residential Mortgage Group, Inc. | 129 | 6.5% | $17,278 | $6,820 | $3,004 |
| 7 | Luminate Bank | 112 | 6.375% | $6,500 | $1,595 | $1,260 |
| 8 | Loandepot.Com, LLC | 104 | 6.575% | $6,669 | $1,590 | $1,204 |
| 9 | Bank of America, National Association | 103 | 5.625% | $7,147 | $1,530 | $2,851 |
| 10 | MOVEMENT MORTGAGE, LLC | 102 | 6.5% | $9,354 | $2,196 | $5,822 |
| 11 | TD Bank, National Association | 98 | 6% | $6,899 | $950 | $1,425 |
| 12 | NJ LENDERS CORP. | 89 | 6.625% | $6,724 | $1,400 | $2,655 |
| 13 | CMG MORTGAGE, INC. | 70 | 6.5% | $12,679 | $3,912 | $4,657 |
| 14 | Citibank, National Association | 68 | 5.875% | $7,691 | $1,090 | $2,700 |
| 15 | Wells Fargo Bank, National Association | 68 | 5.75% | $8,614 | $2,262 | $1,700 |
| 16 | EMBRACE HOME LOANS, INC. | 62 | 6.5% | $7,729 | $1,790 | $1,680 |
| 17 | Provident Bank | 60 | 5.625% | $5,691 | $790 | $1,900 |
| 18 | Valley National Bank | 60 | 5.75% | $5,767 | $495 | $3,973 |
| 19 | U.S. Bank National Association | 59 | 6.25% | $7,237 | $1,245 | $1,543 |
| 20 | Citizens Bank, National Association | 58 | 6.25% | $9,223 | $1,350 | $1,800 |
| 21 | GUARANTEED RATE AFFINITY, LLC | 53 | 6.475% | $7,689 | $1,640 | $1,389 |
| 22 | Manufacturers and Traders Trust Company | 52 | 5.75% | $7,673 | $1,500 | $1,680 |
| 23 | ABSOLUTE HOME MORTGAGE CORPORATION | 51 | 6.625% | $14,015 | $2,790 | $5,697 |
| 24 | Morgan Stanley Private Bank, National Association | 50 | 5.85% | $7,290 | $815 | $5,110 |
| 25 | Broker Solutions, Inc. | 46 | 6.75% | $16,870 | $7,345 | $7,095 |
| 26 | NATIONWIDE MORTGAGE BANKERS, INC. | 40 | 6.625% | $19,815 | $9,050 | $7,602 |
| 27 | Municipal Credit Union | 37 | 5.625% | $8,071 | $1,640 | $1,906 |
| 28 | AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 37 | 6.625% | $11,636 | $2,901 | $5,809 |
| 29 | UNION HOME MORTGAGE CORP. | 34 | 6.5% | $12,516 | $5,629 | $1,027 |
| 30 | Cornerstone First Mortgage, Inc | 29 | 6.625% | $21,849 | $7,307 | $7,142 |
| 31 | KIND LENDING, LLC | 29 | 6.5% | $16,924 | $6,064 | $3,643 |
| 32 | HOMEBRIDGE FINANCIAL SERVICES, INC. | 28 | 5.995% | $20,431 | $3,706 | $1,542 |
| 33 | Mortgage Research Center, LLC | 28 | 6.125% | $9,744 | $3,043 | $2,670 |
| 34 | NEWREZ LLC | 28 | 6.438% | $17,233 | $4,447 | $2,013 |
| 35 | Fairway Independent Mortgage Corporation | 28 | 6.688% | $11,357 | $3,335 | $2,233 |
| 36 | PENNYMAC LOAN SERVICES, LLC | 28 | 6.433% | $15,116 | $6,860 | $1,133 |
| 37 | FIRST COLONY MORTGAGE CORPORATION | 27 | 6.375% | $14,899 | $8,003 | $2,192 |
| 38 | BOND STREET MORTGAGE, LLC | 27 | 6.625% | $7,717 | $1,399 | $5,489 |
| 39 | Prosperity Home Mortgage, LLC | 24 | 6.75% | $9,111 | $3,280 | $2,298 |
| 40 | MLB RESIDENTIAL LENDING, LLC | 24 | 6.625% | $18,622 | $7,848 | $4,475 |
What these numbers are, and are not
Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, the public loan-level file nearly every mortgage lender must submit each year, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages. Groups smaller than 5 loans are omitted. The methodology page documents every step.
The public file contains no credit scores, so differences between lenders mix true pricing differences with different customer bases: loan sizes, points paid, and borrower profiles all vary by lender. A median is context for your own quote, not a ranking and not an offer. Rates here are also a year's worth of closings blended together, while your quote reflects a single day's market.
Have a Loan Estimate in hand? The checker compares your quoted rate and origination charges against the Essex figures above, in your browser, without storing anything.
Common questions
What mortgage rate did people get in Essex County in 2025?
The median interest rate on closed home-purchase loans in Essex County, New Jersey in 2025 was 6.375%, across 4,234 first-lien, owner-occupied loans. The middle half of borrowers got between 5.99% and 6.75%.
Is this a rate I can get today?
No. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. Rates also move daily. The way to learn your own number is to collect Loan Estimates from two or three lenders, which federal rules make close to free.
Why do lenders in the table show different rates?
Partly pricing, partly customer mix. Public HMDA data contains no credit scores, so a lender serving stronger-credit borrowers or larger loans will show a different median than one serving first-time buyers, at identical pricing. Use the table as a map of who is active locally and roughly where they land, not as a ranking.
Where do these numbers come from?
The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in groups of at least 5.