The Mortgage Record
Lender report card · New Jersey

American Heritage Federal Credit Union

Philadelphia, PA · What the federal mortgage record shows about how American Heritage Federal Credit Union treated New Jersey applicants, 2018–2025 — 1,057 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
87.4%
924 approved
Denial rate
12.6%
133 denied
Decisions
1,057
2018–2025
Avg. rate spread
+0.29 pp
vs. market benchmark
87.4% approved
12.6% denied

Share of 1,057 New Jersey applications American Heritage Federal Credit Union approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional87.5% of 1,020 · NJ 87%FHA81.2% of 32 · NJ 79%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

72%77%82%87%92%92%86%93%91%82%87%80%76%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, American Heritage Federal Credit Union’s rates ran +0.04 pp higher than the typical New Jersey lender (average rate spread +0.29 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who American Heritage Federal Credit Union approves

By income
Under $50k60.2% · 108$50–75k88.4% · 199$75–100k91.5% · 200$100–150k90.2% · 286$150–250k92.3% · 194$250k+89.7% · 68
By debt-to-income
Under 36%90.8% · 49836–43%92.8% · 23543–50%91.3% · 219Over 50%51.9% · 104
By down payment (LTV)
20%+ down57.0% · 186

Why American Heritage Federal Credit Union denied applications

Other56% of denialsDebt-to-income ratio32% of denialsCredit history24% of denialsCollateral (value/type)14% of denialsIncomplete application8% of denialsUnverifiable information3% of denials

Where American Heritage Federal Credit Union lends in NJ

CountyDecisionsApproval
Camden County34284.8%
Burlington County19890.4%
Gloucester County14493.1%
Cape May County13192.4%
Atlantic County7994.9%
Ocean County4875.0%

Fees & closing costs

Median total loan costs
$3,684
home purchase
As % of loan
1.63%
NJ median 1.93%
Priced originations
315
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on American Heritage Federal Credit Union’s home-purchase originations — 0.31 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $382. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare American Heritage Federal Credit Union to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by American Heritage Federal Credit Union (LEI 549300N5GF79IZ5Y7G10). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →