First Technology Federal Credit Union in New Jersey vs the state
8.6%Denial rate-9.07 pts vs state
10.0%Decision denial rate-13.05 pts vs state
72.4%Origination rate+16.73 pts vs state
7.94%Median rate+1.19 pts vs state
0.72Rate spread (pts)+0.44 pts vs state
$200kMedian applicant income
42Loans originated
5Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 12 | 39.3% | 8.94% | #405 |
| 2024 | 21 | 8 | 23.8% | 9.38% | #438 |
| 2025 | 58 | 42 | 8.6% | 7.94% | #336 |
What First Technology 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 First Technology Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 9 | 6 | 1 | 11.1% |
| Essex County | 8 | 6 | 0 | 0.0% |
| Ocean County | 8 | 7 | 1 | 12.5% |
| Morris County | 7 | 4 | 1 | 14.3% |
| Middlesex County | 5 | 3 | 1 | 20.0% |
| Camden County | 4 | 2 | 0 | 0.0% |
| Atlantic County | 3 | 3 | 0 | 0.0% |
| Union County | 3 | 2 | 0 | 0.0% |
| Hudson County | 2 | 2 | 0 | 0.0% |
| Sussex County | 2 | 2 | 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: 58 applications in 2025, of which 42 were originated and 5 denied.
8.6% of all applications, or 10.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans First Technology Federal Credit Union originated in New Jersey in 2025 was 7.94%, against a statewide median of 6.75%.
About this data. Figures are First Technology 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