Sun East Federal Credit Union · New Jersey · 2025

Sun East Federal Credit Union in New Jersey: approval rate, denial rate and rates (2025)

Sun East Federal Credit Union took 68 mortgage applications in New Jersey in 2025, ranking #316 of 883 lenders active in the state. It originated 54.4% of them and denied 23.5% (29.6% of the applications it decided), against a statewide denial rate of 17.7%.

68Applicationsin NJ
29.6%Decision denial ratestate 23.1%
5.88%Median ratestate 6.75%
$105,000Median loanstate $295,000
$8.2MVolume15 counties

Sun East Federal Credit Union in New Jersey vs the state

23.5%Denial rate+5.84 pts vs state
29.6%Decision denial rate+6.58 pts vs state
54.4%Origination rate-1.27 pts vs state
5.88%Median rate-0.88 pts vs state
-2.12Rate spread (pts)-2.40 pts vs state
$133kMedian applicant income
37Loans originated
16Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023674423.9%6.50%#294
2024673034.3%6.46%#312
2025683723.5%5.88%#316

What Sun East Federal Credit Union lends in New Jersey

By loan purpose

Home purchase 6 9% · 0.0% denied
Refinance 5 7% · 0.0% denied
Cash-out refinance 10 15% · 0.0% denied
Home improvement 24 35% · 37.5% denied
Other / HELOC 23 34% · 30.4% denied

By loan type

Conventional 68 100% · 23.5% denied

Why it denied New Jersey applicants

Credit history 8 50%
Debt-to-income ratio 5 31%
Employment history 1 6%
Collateral 1 6%
Other 1 6%

Where in New Jersey

Counties with the most Sun East Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gloucester County 22142 9.1%
Camden County 1283 25.0%
Salem County 723 42.9%
Burlington County 532 40.0%
Cape May County 541 20.0%
Atlantic County 402 50.0%
Monmouth County 330 0.0%
Ocean County 201 50.0%
Essex County 210 0.0%
Morris County 110 0.0%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 68 applications in 2025, of which 37 were originated and 16 denied.

23.5% of all applications, or 29.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Sun East Federal Credit Union originated in New Jersey in 2025 was 5.88%, against a statewide median of 6.75%.

About this data. Figures are Sun East 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