Usalliance Federal Credit Union · New Jersey · 2025

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

Usalliance Federal Credit Union took 229 mortgage applications in New Jersey in 2025, ranking #187 of 883 lenders active in the state. It originated 74.2% of them and denied 11.8% (13.6% of the applications it decided), against a statewide denial rate of 17.7%.

229Applicationsin NJ
13.6%Decision denial ratestate 23.1%
7.88%Median ratestate 6.75%
$285,000Median loanstate $295,000
$68MVolume20 counties

Usalliance Federal Credit Union in New Jersey vs the state

11.8%Denial rate-5.90 pts vs state
13.6%Decision denial rate-9.48 pts vs state
74.2%Origination rate+18.56 pts vs state
7.88%Median rate+1.13 pts vs state
0.82Rate spread (pts)+0.54 pts vs state
$265kMedian applicant income
170Loans originated
27Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322712715.9%9.00%#167
202417510518.3%9.25%#206
202522917011.8%7.88%#187

What Usalliance Federal Credit Union lends in New Jersey

By loan purpose

Home purchase 38 17% · 5.3% denied
Refinance 12 5% · 8.3% denied
Cash-out refinance 70 31% · 14.3% denied
Home improvement 91 40% · 7.7% denied
Other / HELOC 18 8% · 38.9% denied

By loan type

Conventional 229 100% · 11.8% denied

Why it denied New Jersey applicants

Debt-to-income ratio 16 59%
Collateral 6 22%
Other 3 11%
Credit history 1 4%
Unverifiable information 1 4%

Where in New Jersey

Counties with the most Usalliance Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 46348 17.4%
Middlesex County 22163 13.6%
Essex County 21174 19.0%
Monmouth County 21161 4.8%
Morris County 20181 5.0%
Union County 18161 5.6%
Hudson County 1391 7.7%
Passaic County 1392 15.4%
Camden County 970 0.0%
Somerset County 941 11.1%

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: 229 applications in 2025, of which 170 were originated and 27 denied.

11.8% of all applications, or 13.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Usalliance Federal Credit Union originated in New Jersey in 2025 was 7.88%, against a statewide median of 6.75%.

About this data. Figures are Usalliance 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