Allegacy Federal Credit Union · New Jersey · 2025

Allegacy Federal Credit Union in New Jersey: approval rate, denial rate and rates (2025)

Allegacy Federal Credit Union took 20 mortgage applications in New Jersey in 2025, ranking #447 of 883 lenders active in the state. It originated 50.0% of them and denied 5.0% (9.1% of the applications it decided), against a statewide denial rate of 17.7%.

20Applicationsin NJ
9.1%Decision denial ratestate 23.1%
5.75%Median ratestate 6.75%
$355,000Median loanstate $295,000
$2.8MVolume7 counties

Allegacy Federal Credit Union in New Jersey vs the state

5.0%Denial rate-12.69 pts vs state
9.1%Decision denial rate-13.96 pts vs state
50.0%Origination rate-5.68 pts vs state
5.75%Median rate-1.00 pts vs state
-1.30Rate spread (pts)-1.58 pts vs state
$178kMedian applicant income
10Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023402015.0%1.99%#361
2024341914.7%5.75%#384
202520105.0%5.75%#447

What Allegacy Federal Credit Union lends in New Jersey

By loan purpose

Home purchase 2 10% · 0.0% denied
Refinance 10 50% · 10.0% denied
Cash-out refinance 1 5% · 0.0% denied
Home improvement 4 20% · 0.0% denied
Other / HELOC 3 15% · 0.0% denied

By loan type

Conventional 20 100% · 5.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 1 100%

Where in New Jersey

Counties with the most Allegacy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Morris County 550 0.0%
Hudson County 401 25.0%
Sussex County 310 0.0%
Union County 310 0.0%
Bergen County 220 0.0%
Hunterdon County 210 0.0%
Middlesex County 100 0.0%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 20 applications in 2025, of which 10 were originated and 1 denied.

5.0% of all applications, or 9.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Allegacy Federal Credit Union originated in New Jersey in 2025 was 5.75%, against a statewide median of 6.75%.

About this data. Figures are Allegacy Federal Credit Union's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology