Merck Employees FCU in New Jersey vs the state
18.4%Denial rate+0.71 pts vs state
23.0%Decision denial rate-0.05 pts vs state
56.8%Origination rate+1.12 pts vs state
—Median rate
—Rate spread (pts)
$173kMedian applicant income
71Loans originated
23Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 120 | 61 | 25.8% | — | #226 |
| 2024 | 85 | 56 | 16.5% | — | #275 |
| 2025 | 125 | 71 | 18.4% | — | #245 |
What Merck Employees FCU lends in New Jersey
By loan purpose
By loan type
Where in New Jersey
Counties with the most Merck Employees FCU applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Union County | 25 | 20 | 1 | 4.0% |
| Middlesex County | 24 | 13 | 3 | 12.5% |
| Ocean County | 13 | 5 | 3 | 23.1% |
| Somerset County | 11 | 6 | 3 | 27.3% |
| Monmouth County | 11 | 5 | 3 | 27.3% |
| Morris County | 7 | 2 | 2 | 28.6% |
| Mercer County | 7 | 4 | 2 | 28.6% |
| Hunterdon County | 7 | 4 | 2 | 28.6% |
| Essex County | 6 | 5 | 1 | 16.7% |
| Burlington County | 4 | 2 | 2 | 50.0% |
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: 125 applications in 2025, of which 71 were originated and 23 denied.
18.4% of all applications, or 23.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Merck Employees FCU'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