Heritage Financial Credit Union in New Jersey vs the state
11.8%Denial rate-5.93 pts vs state
11.8%Decision denial rate-11.29 pts vs state
88.2%Origination rate+32.56 pts vs state
7.25%Median rate+0.50 pts vs state
1.15Rate spread (pts)+0.87 pts vs state
$127kMedian applicant income
15Loans originated
2Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 25 | 22 | 12.0% | 7.63% | #422 |
| 2024 | 25 | 19 | 24.0% | 8.00% | #423 |
| 2025 | 17 | 15 | 11.8% | 7.25% | #468 |
What Heritage Financial 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 Heritage Financial Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sussex County | 13 | 11 | 2 | 15.4% |
| Bergen County | 2 | 2 | 0 | 0.0% |
| Passaic County | 1 | 1 | 0 | 0.0% |
| Ocean 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: 17 applications in 2025, of which 15 were originated and 2 denied.
11.8% of all applications, or 11.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Heritage Financial Credit Union originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Heritage Financial 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