Diamond Credit Union · New Jersey · 2025

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

Diamond Credit Union took 5 mortgage applications in New Jersey in 2025, ranking #607 of 883 lenders active in the state. It originated 60.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 17.7%.

5Applicationsin NJ
25.0%Decision denial ratestate 23.1%
2.99%Median ratestate 6.75%
$105,000Median loanstate $295,000
$415kVolume2 counties

Diamond Credit Union in New Jersey vs the state

20.0%Denial rate+2.31 pts vs state
25.0%Decision denial rate+1.95 pts vs state
60.0%Origination rate+4.32 pts vs state
2.99%Median rate-3.76 pts vs state
-4.30Rate spread (pts)-4.58 pts vs state
$120kMedian applicant income
3Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235320.0%1.99%#595
202412118.3%6.73%#522
20255320.0%2.99%#607

What Diamond Credit Union lends in New Jersey

By loan purpose

Home purchase 2 40% · 0.0% denied
Refinance 1 20% · 100.0% denied
Home improvement 2 40% · 0.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 1 100%

Where in New Jersey

Counties with the most Diamond Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Camden County 321 33.3%
Cape May County 210 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: 5 applications in 2025, of which 3 were originated and 1 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Diamond Credit Union originated in New Jersey in 2025 was 2.99%, against a statewide median of 6.75%.

About this data. Figures are Diamond 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