Mortgage lending in Cape May County
4,121 mortgages were originated in Cape May County, New Jersey, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 4,121
- Median rate
- 6.750%
- Median lender fees
- $6,476
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $375,000
- Above the going rate (spread over APOR)
- 0.226
- Paid discount points
- 25.5%
- Received lender credits
- 22.5%
- Purchases / refinances
- 53.2% / 27.9%
- Conventional / FHA / VA
- 93.8% / 3.8% / 2.4%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 61.4% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $730,250
- Median home price
- $635,000
- That home, 20% down
- $508,000
A median-priced home with 20% down leaves $324,750 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Cape May County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 242 | $6,104 | 6.990% |
| Citizens Bank, National Association | 241 | $9,931 | 6.900% |
| TD Bank, National Association | 165 | $5,541 | 7.340% |
| Loandepot.Com, LLC | 146 | $5,704 | 6.750% |
| OceanFirst Bank, National Association | 131 | $4,433 | 6.875% |
| Sturdy Savings Bank | 120 | — | — |
| U.S. Bank National Association | 116 | $6,304 | 6.125% |
| Police & Fire | 116 | — | 6.240% |
| Guaranteed Rate, Inc. | 110 | $6,918 | 6.813% |
| Crosscountry Mortgage, Inc. | 108 | $8,869 | 6.995% |
What lenders charged here
Lender fees on a $375,000 loan, based on what was actually charged in Cape May County — not a rule of thumb.
From 2,530 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers