Philadelphia Federal Credit Union in New Jersey vs the state
24.1%Denial rate+6.41 pts vs state
24.8%Decision denial rate+1.74 pts vs state
70.7%Origination rate+15.00 pts vs state
6.50%Median rate-0.25 pts vs state
0.49Rate spread (pts)+0.21 pts vs state
$157kMedian applicant income
176Loans originated
60Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 140 | 83 | 33.6% | 7.13% | #213 |
| 2024 | 239 | 168 | 23.0% | 6.88% | #175 |
| 2025 | 249 | 176 | 24.1% | 6.50% | #177 |
What Philadelphia 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 Philadelphia Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cape May County | 118 | 97 | 17 | 14.4% |
| Camden County | 68 | 38 | 26 | 38.2% |
| Gloucester County | 22 | 14 | 5 | 22.7% |
| Burlington County | 18 | 12 | 5 | 27.8% |
| Atlantic County | 5 | 1 | 4 | 80.0% |
| Somerset County | 4 | 4 | 0 | 0.0% |
| Cumberland County | 3 | 1 | 1 | 33.3% |
| Monmouth County | 3 | 2 | 1 | 33.3% |
| Mercer County | 2 | 2 | 0 | 0.0% |
| Middlesex 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: 249 applications in 2025, of which 176 were originated and 60 denied.
24.1% of all applications, or 24.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Philadelphia Federal Credit Union originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Philadelphia 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