Third Federal Savings and Loan Association of Cleveland in New Jersey vs the state
34.7%Denial rate+16.97 pts vs state
39.4%Decision denial rate+16.34 pts vs state
51.2%Origination rate-4.48 pts vs state
6.99%Median rate+0.24 pts vs state
-0.27Rate spread (pts)-0.55 pts vs state
$183kMedian applicant income
746Loans originated
505Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,672 | 733 | 42.1% | 6.99% | #36 |
| 2024 | 1,998 | 957 | 40.5% | 7.49% | #35 |
| 2025 | 1,457 | 746 | 34.7% | 6.99% | #50 |
What Third Federal Savings and Loan Association of Cleveland lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Third Federal Savings and Loan Association of Cleveland applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monmouth County | 174 | 108 | 49 | 28.2% |
| Bergen County | 172 | 79 | 68 | 39.5% |
| Middlesex County | 152 | 69 | 59 | 38.8% |
| Ocean County | 119 | 59 | 47 | 39.5% |
| Essex County | 107 | 47 | 41 | 38.3% |
| Morris County | 94 | 57 | 21 | 22.3% |
| Burlington County | 92 | 48 | 33 | 35.9% |
| Somerset County | 86 | 40 | 30 | 34.9% |
| Union County | 85 | 43 | 30 | 35.3% |
| Mercer County | 55 | 35 | 12 | 21.8% |
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: 1,457 applications in 2025, of which 746 were originated and 505 denied.
34.7% of all applications, or 39.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Third Federal Savings and Loan Association of Cleveland originated in New Jersey in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are Third Federal Savings and Loan Association of Cleveland'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