Communityamerica Credit Union · New Jersey · 2025

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

Communityamerica Credit Union took 19 mortgage applications in New Jersey in 2025, ranking #455 of 883 lenders active in the state. It originated 42.1% of them and denied 26.3% (38.5% of the applications it decided), against a statewide denial rate of 17.7%.

19Applicationsin NJ
38.5%Decision denial ratestate 23.1%
7.62%Median ratestate 6.75%
$255,000Median loanstate $295,000
$1.8MVolume8 counties

Communityamerica Credit Union in New Jersey vs the state

26.3%Denial rate+8.63 pts vs state
38.5%Decision denial rate+15.41 pts vs state
42.1%Origination rate-13.57 pts vs state
7.62%Median rate+0.87 pts vs state
-0.05Rate spread (pts)-0.33 pts vs state
$187kMedian applicant income
8Loans originated
5Denied

What Communityamerica Credit Union lends in New Jersey

By loan purpose

Home purchase 2 11% · 0.0% denied
Refinance 1 5% · 0.0% denied
Cash-out refinance 4 21% · 25.0% denied
Home improvement 11 58% · 27.3% denied
Other / HELOC 1 5% · 100.0% denied

By loan type

Conventional 17 89% · 23.5% denied
FHA 2 11% · 50.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 2 40%
Incomplete application 2 40%
Credit history 1 20%

Where in New Jersey

Counties with the most Communityamerica Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Morris County 751 14.3%
Hudson County 200 0.0%
Middlesex County 201 50.0%
Atlantic County 201 50.0%
Essex County 211 50.0%
Bergen County 210 0.0%
Ocean County 101 100.0%
Somerset County 110 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: 19 applications in 2025, of which 8 were originated and 5 denied.

26.3% of all applications, or 38.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Communityamerica Credit Union originated in New Jersey in 2025 was 7.62%, against a statewide median of 6.75%.

About this data. Figures are Communityamerica 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