Princeton Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
95th8.3% deniedPricingmedian rate spread over APOR, weight 30%
58th0.00 ptsProcesswithdrawn + incomplete share, weight 15%
1st43.1%Closing coststotal loan costs ÷ loan amount, weight 10%
92nd0.58% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 158 | 102 | 4.4% | 6.1% | 4.99% | $18M |
| 2024 | 233 | 173 | 4.7% | 5.9% | 4.99% | $33M |
| 2025 | 341 | 171 | 4.7% | 8.3% | 5.99% | $33M |
What Princeton Federal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 184 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Princeton Federal Credit Union denies applications
Primary reason reported for each of the 16 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Princeton Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 35 | 26 | 6.7% |
| $100k – $150k | 61 | 41 | 12.5% |
| $150k – $250k | 60 | 47 | 2.0% |
| Over $250k | 74 | 54 | 3.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 34 | 7 | 22.2% |
| 35–44 | 103 | 51 | 8.8% |
| 45–54 | 106 | 59 | 4.6% |
| 55–64 | 59 | 38 | 4.9% |
| 65–74 | 31 | 13 | 22.2% |
Where Princeton Federal Credit Union lends
9 states and 23 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 315 | 158 | 4.8% | 5.99% | #161 |
| Pennsylvania | 17 | 12 | 5.9% | 6.49% | #625 |
Frequently asked questions
Princeton Federal Credit Union denied 8.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 95th percentile of home-equity (HELOC) lenders.
The most common reason Princeton Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 75.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Princeton Federal Credit Union originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 30% of its applications were for home purchases, 5% for refinancing (including cash-out), and 65% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.