USAA Federal Savings Bank in New Jersey vs the state
34.3%Denial rate+16.64 pts vs state
46.2%Decision denial rate+23.13 pts vs state
39.1%Origination rate-16.58 pts vs state
6.50%Median rate-0.25 pts vs state
-0.20Rate spread (pts)-0.48 pts vs state
$156kMedian applicant income
131Loans originated
115Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 299 | 116 | 31.1% | 6.25% | #135 |
| 2024 | 319 | 126 | 32.6% | 6.50% | #142 |
| 2025 | 335 | 131 | 34.3% | 6.50% | #152 |
What USAA Federal Savings Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most USAA Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Burlington County | 56 | 22 | 19 | 33.9% |
| Monmouth County | 28 | 9 | 12 | 42.9% |
| Ocean County | 27 | 12 | 9 | 33.3% |
| Middlesex County | 26 | 6 | 11 | 42.3% |
| Camden County | 25 | 13 | 9 | 36.0% |
| Essex County | 19 | 7 | 7 | 36.8% |
| Sussex County | 19 | 7 | 4 | 21.1% |
| Bergen County | 17 | 6 | 6 | 35.3% |
| Morris County | 16 | 7 | 5 | 31.3% |
| Somerset County | 13 | 9 | 1 | 7.7% |
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: 335 applications in 2025, of which 131 were originated and 115 denied.
34.3% of all applications, or 46.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans USAA Federal Savings Bank originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are USAA Federal Savings Bank'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