Mortgage Lender Index

Spencer Savings Bank, SLA

Spencer Savings Bank, SLA received 330 applications in 2025 and made 207 mortgages, in 23 counties across 3 states. The median rate its borrowers got was Not published on a median loan of $320,000. Of 261 decisions, 47 were denials — 18.0%.

Legal Entity Identifier7G95BGMCIZTO8KTOM640
Applications received330
Mortgages made207
Denied47
Approved, not taken up7
Withdrawn or incomplete69
Loans bought from other lenders0
Median rate spread over the prime offer rateNot published
FDIC-insured bankYes: Spencer Savings Bank, SLA, 28 offices

By loan purpose

PurposeMortgages madeMedian rateMedian loanDenied
Home purchase66 Not published$355,000 7.9%
Refinancing55 Not published$2,465,000 11.3%
Cash-out refinancing24 Not published$170,000 11.1%
Other purposes62 Not published$85,000 32.3%

Where Spencer Savings Bank, SLA lends most

The 23 counties where it made the most mortgages in 2025. Each county page ranks every lender there.

CountyMortgages madeMedian rateDenied
Bergen County, NJ 44Not published26.2%
Essex County, NJ 28Not published19.4%
Passaic County, NJ 23Not published25.8%
Hudson County, NJ 15Not published21.1%
Morris County, NJ 14Not published30.0%
Middlesex County, NJ 13Not published22.2%
Union County, NJ 13Not published0.0%
Bronx County, NY 11Not published0.0%
Kings County, NY 9Under 10 loans0.0%
Mercer County, NJ 6Under 10 loans0.0%
Monmouth County, NJ 5Under 10 loans16.7%
Ocean County, NJ 5Under 10 loans16.7%
Sussex County, NJ 5Under 10 loans0.0%
Burlington County, NJ 3Under 10 loans0.0%
Somerset County, NJ 3Under 10 loans0.0%
Camden County, NJ 2Under 10 loans0.0%
Hunterdon County, NJ 2Under 10 loans0.0%
Westchester County, NY 2Under 10 loans0.0%
Atlantic County, NJ 1Under 10 loans0.0%
Cape May County, NJ 1Under 10 loans0.0%
Queens County, NY 1Under 10 loans0.0%
Bucks County, PA 1Under 10 loans0.0%
Gloucester County, NJ 0Under 10 loansNot published

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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.