Farmers Insurance Group Federal Credit Union in New Jersey vs the state
43.5%Denial rate+25.79 pts vs state
47.6%Decision denial rate+24.57 pts vs state
47.8%Origination rate-7.85 pts vs state
8.99%Median rate+2.24 pts vs state
1.79Rate spread (pts)+1.51 pts vs state
$211kMedian applicant income
11Loans originated
10Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11 | 8 | 27.3% | 9.75% | #516 |
| 2024 | 12 | 9 | 25.0% | 9.99% | #514 |
| 2025 | 23 | 11 | 43.5% | 8.99% | #433 |
What Farmers Insurance Group Federal Credit Union lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Farmers Insurance Group Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 5 | 3 | 2 | 40.0% |
| Passaic County | 2 | 1 | 1 | 50.0% |
| Essex County | 2 | 0 | 2 | 100.0% |
| Hudson County | 2 | 2 | 0 | 0.0% |
| Union County | 2 | 1 | 1 | 50.0% |
| Ocean County | 2 | 1 | 1 | 50.0% |
| Burlington County | 2 | 1 | 0 | 0.0% |
| Camden County | 2 | 1 | 0 | 0.0% |
| Mercer County | 1 | 1 | 0 | 0.0% |
| Morris County | 1 | 0 | 1 | 100.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 23 applications in 2025, of which 11 were originated and 10 denied.
43.5% of all applications, or 47.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Farmers Insurance Group Federal Credit Union originated in New Jersey in 2025 was 8.99%, against a statewide median of 6.75%.
About this data. Figures are Farmers Insurance Group 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