Service Federal Credit Union in New Jersey vs the state
16.7%Denial rate-1.02 pts vs state
21.4%Decision denial rate-1.62 pts vs state
55.6%Origination rate-0.12 pts vs state
6.49%Median rate-0.26 pts vs state
-3.78Rate spread (pts)-4.06 pts vs state
$222kMedian applicant income
10Loans originated
3Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 6 | 33.3% | 4.62% | #456 |
| 2024 | 16 | 12 | 12.5% | 6.81% | #478 |
| 2025 | 18 | 10 | 16.7% | 6.49% | #464 |
What Service 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 Service Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Somerset County | 4 | 3 | 0 | 0.0% |
| Burlington County | 3 | 2 | 1 | 33.3% |
| Hudson County | 2 | 2 | 0 | 0.0% |
| Morris County | 2 | 2 | 0 | 0.0% |
| Union County | 1 | 0 | 0 | 0.0% |
| Ocean County | 1 | 0 | 0 | 0.0% |
| Bergen County | 1 | 0 | 0 | 0.0% |
| Atlantic County | 1 | 1 | 0 | 0.0% |
| Camden County | 1 | 0 | 1 | 100.0% |
| Monmouth County | 1 | 0 | 1 | 100.0% |
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: 18 applications in 2025, of which 10 were originated and 3 denied.
16.7% of all applications, or 21.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Service Federal Credit Union originated in New Jersey in 2025 was 6.49%, against a statewide median of 6.75%.
About this data. Figures are Service 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