Mortgage lending in Essex County
11,644 mortgages were originated in Essex 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
- 11,644
- Median rate
- 6.750%
- Median lender fees
- $7,989
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
- $465,000
- Above the going rate (spread over APOR)
- 0.211
- Paid discount points
- 27%
- Received lender credits
- 25.5%
- Purchases / refinances
- 45.6% / 35.7%
- Conventional / FHA / VA
- 85.6% / 12.4% / 2%
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 60.7% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $1,209,750
- FHA limit
- $1,249,125
- Median home price
- $996,000
- That home, 20% down
- $796,800
A median-priced home with 20% down leaves $412,950 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
This is a high-cost area: loans above $832,750 are still agency-backed here, as high-balance, where a plain conforming loan would stop. 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 Essex County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 586 | $5,538 | 6.750% |
| Citizens Bank, National Association | 569 | $8,412 | 7.400% |
| Crosscountry Mortgage, Inc. | 543 | $10,455 | 6.750% |
| United Shore Financial Services, LLC | 530 | $15,044 | 6.375% |
| Guaranteed Rate, Inc. | 458 | $7,273 | 6.388% |
| TD Bank, National Association | 386 | $5,033 | 7.190% |
| Bank of America, National Association | 362 | $6,771 | 5.990% |
| JPMorgan Chase Bank, National Association | 311 | $6,339 | 6.375% |
| Loandepot.Com, LLC | 251 | $6,202 | 6.625% |
| PNC Bank, National Association | 245 | — | 8.000% |
What lenders charged here
Lender fees on a $465,000 loan, based on what was actually charged in Essex County — not a rule of thumb.
From 7,069 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