FEDCHOICE Federal Credit Union in New Jersey vs the state
22.2%Denial rate+4.53 pts vs state
28.6%Decision denial rate+5.52 pts vs state
44.4%Origination rate-11.24 pts vs state
8.00%Median rate+1.25 pts vs state
-7.19Rate spread (pts)-7.47 pts vs state
$93kMedian applicant income
4Loans originated
2Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 7 | 5 | 28.6% | 8.50% | #562 |
| 2025 | 9 | 4 | 22.2% | 8.00% | #545 |
What FEDCHOICE 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 FEDCHOICE Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Camden County | 5 | 1 | 2 | 40.0% |
| Union County | 1 | 0 | 0 | 0.0% |
| Atlantic County | 1 | 1 | 0 | 0.0% |
| Burlington County | 1 | 1 | 0 | 0.0% |
| Monmouth County | 1 | 1 | 0 | 0.0% |
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: 9 applications in 2025, of which 4 were originated and 2 denied.
22.2% of all applications, or 28.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans FEDCHOICE Federal Credit Union originated in New Jersey in 2025 was 8.00%, against a statewide median of 6.75%.
About this data. Figures are FEDCHOICE 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