Visions Federal Credit Union · New Jersey · 2025

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

Visions Federal Credit Union took 1,541 mortgage applications in New Jersey in 2025, ranking #47 of 883 lenders active in the state. It originated 53.5% of them and denied 26.1% (31.8% of the applications it decided), against a statewide denial rate of 17.7%.

1.5kApplicationsin NJ
31.8%Decision denial ratestate 23.1%
7.25%Median ratestate 6.75%
$155,000Median loanstate $295,000
$188MVolume16 counties

Visions Federal Credit Union in New Jersey vs the state

26.1%Denial rate+8.40 pts vs state
31.8%Decision denial rate+8.75 pts vs state
53.5%Origination rate-2.14 pts vs state
7.25%Median rate+0.50 pts vs state
0.04Rate spread (pts)-0.24 pts vs state
$162kMedian applicant income
825Loans originated
402Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,50681020.1%6.50%#41
20241,23861429.0%8.25%#50
20251,54182526.1%7.25%#47

What Visions Federal Credit Union lends in New Jersey

By loan purpose

Home purchase 122 8% · 13.1% denied
Refinance 27 2% · 11.1% denied
Cash-out refinance 437 28% · 24.9% denied
Home improvement 621 40% · 26.9% denied
Other / HELOC 334 22% · 32.0% denied

By loan type

Conventional 1,541 100% · 26.1% denied

Why it denied New Jersey applicants

Debt-to-income ratio 250 62%
Credit history 84 21%
Other 54 13%
Collateral 14 3%

Where in New Jersey

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

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 621331154 24.8%
Morris County 23413547 20.1%
Passaic County 1929268 35.4%
Sussex County 1268125 19.8%
Warren County 1045034 32.7%
Essex County 834524 28.9%
Hudson County 562714 25.0%
Middlesex County 33232 6.1%
Union County 261113 50.0%
Somerset County 22124 18.2%

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: 1,541 applications in 2025, of which 825 were originated and 402 denied.

26.1% of all applications, or 31.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Visions Federal Credit Union originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Visions 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