The Mortgage Record
Lender report card · New Jersey

Credit Union Of New Jersey

Ewing, NJ · What the federal mortgage record shows about how Credit Union Of New Jersey treated New Jersey applicants, 2018–2025 — 1,034 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
76.0%
786 approved
Denial rate
24.0%
248 denied
Decisions
1,034
2018–2025
Avg. rate spread
+0.60 pp
vs. market benchmark
76.0% approved
24.0% denied

Share of 1,034 New Jersey applications Credit Union Of New Jersey approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional76.0% of 1,034 · NJ 87%

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

Approval rate over time

37%49%61%73%85%76%83%82%82%77%76%72%40%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Credit Union Of New Jersey’s rates ran +0.37 pp higher than the typical New Jersey lender (average rate spread +0.60 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Credit Union Of New Jersey approves

By income
Under $50k50.4% · 127$50–75k76.2% · 185$75–100k81.2% · 176$100–150k78.3% · 240$150–250k83.2% · 196$250k+76.3% · 97
By debt-to-income
Under 36%83.2% · 48936–43%83.9% · 21743–50%78.8% · 184Over 50%19.6% · 112
By down payment (LTV)
20%+ down80.1% · 68810–20% down66.7% · 665–10% down64.2% · 533–5% down66.7% · 36Under 3% down36.0% · 25

Why Credit Union Of New Jersey denied applications

Debt-to-income ratio34% of denialsCredit history27% of denialsOther26% of denialsCollateral (value/type)18% of denialsInsufficient cash to close5% of denialsUnverifiable information4% of denials

Where Credit Union Of New Jersey lends in NJ

CountyDecisionsApproval
Mercer County40272.6%
Burlington County18274.2%
Middlesex County7181.7%
Camden County4586.7%
Ocean County4582.2%
Monmouth County4486.4%
Essex County3775.7%
Hunterdon County2688.5%

Fees & closing costs

Median total loan costs
$3,603
home purchase
As % of loan
1.67%
NJ median 1.93%
Priced originations
197
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Credit Union Of New Jersey’s home-purchase originations — 0.27 points lower than the 1.93% New Jersey median. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Credit Union Of New Jersey 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 Credit Union Of New Jersey (LEI 549300NP3DNB1K9Z8513). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →