Citadel Federal Credit Union · New Jersey · 2025

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

Citadel Federal Credit Union took 189 mortgage applications in New Jersey in 2025, ranking #204 of 883 lenders active in the state. It originated 49.2% of them and denied 23.8% (31.7% of the applications it decided), against a statewide denial rate of 17.7%.

189Applicationsin NJ
31.7%Decision denial ratestate 23.1%
4.49%Median ratestate 6.75%
$135,000Median loanstate $295,000
$21MVolume20 counties

Citadel Federal Credit Union in New Jersey vs the state

23.8%Denial rate+6.12 pts vs state
31.7%Decision denial rate+8.64 pts vs state
49.2%Origination rate-6.47 pts vs state
4.49%Median rate-2.26 pts vs state
0.54Rate spread (pts)+0.26 pts vs state
$177kMedian applicant income
93Loans originated
45Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231497032.2%4.99%#204
20241617736.7%4.99%#213
20251899323.8%4.49%#204

What Citadel Federal Credit Union lends in New Jersey

By loan purpose

Home purchase 19 10% · 5.3% denied
Refinance 11 6% · 9.1% denied
Cash-out refinance 48 25% · 18.8% denied
Home improvement 25 13% · 12.0% denied
Other / HELOC 86 46% · 36.1% denied

By loan type

Conventional 189 100% · 23.8% denied

Why it denied New Jersey applicants

Credit history 15 33%
Other 11 24%
Collateral 11 24%
Debt-to-income ratio 7 16%
Incomplete application 1 2%

Where in New Jersey

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

CountyApplicationsOriginatedDeniedDenial rate
Cape May County 35194 11.4%
Gloucester County 351910 28.6%
Atlantic County 26167 26.9%
Camden County 2348 34.8%
Burlington County 2095 25.0%
Ocean County 1180 0.0%
Cumberland County 741 14.3%
Mercer County 421 25.0%
Monmouth County 422 50.0%
Morris County 412 50.0%

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: 189 applications in 2025, of which 93 were originated and 45 denied.

23.8% of all applications, or 31.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Citadel Federal Credit Union originated in New Jersey in 2025 was 4.49%, against a statewide median of 6.75%.

About this data. Figures are Citadel 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