Mortgage lending in Passaic County
6,997 mortgages were originated in Passaic 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
- 6,997
- Median rate
- 6.875%
- Median lender fees
- $7,969
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
- $385,000
- Above the going rate (spread over APOR)
- 0.356
- Paid discount points
- 31.3%
- Received lender credits
- 23.7%
- Purchases / refinances
- 45.2% / 33.4%
- Conventional / FHA / VA
- 84% / 13.9% / 2.1%
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 63% 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 Passaic County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 392 | $5,160 | 6.750% |
| United Shore Financial Services, LLC | 344 | $11,382 | 6.500% |
| Crosscountry Mortgage, Inc. | 332 | $9,739 | 6.750% |
| TD Bank, National Association | 236 | $99 | 7.540% |
| Guaranteed Rate, Inc. | 229 | $6,235 | 6.575% |
| PNC Bank, National Association | 202 | — | 8.040% |
| Citizens Bank, National Association | 199 | — | 7.400% |
| Valley National Bank | 192 | $4,623 | 6.490% |
| Loandepot.Com, LLC | 161 | $6,172 | 6.625% |
| Bank of America, National Association | 139 | — | 6.240% |
What lenders charged here
Lender fees on a $385,000 loan, based on what was actually charged in Passaic County — not a rule of thumb.
From 4,406 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