The Mortgage Record
Lender report card · New Jersey

Affinity Federal Credit Union

Basking Ridge, NJ · What the federal mortgage record shows about how Affinity Federal Credit Union treated New Jersey applicants, 2018–2025 — 4,779 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
92.3%
4,411 approved
Denial rate
7.7%
368 denied
Decisions
4,779
2018–2025
Avg. rate spread
+0.09 pp
vs. market benchmark
92.3% approved
7.7% denied

Share of 4,779 New Jersey applications Affinity 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 Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.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

Conventional92.3% of 4,779 · NJ 87%

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

Approval rate over time

84%87%90%93%96%88%92%93%95%94%93%90%91%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Affinity Federal Credit Union’s rates ran -0.13 pp lower than the typical New Jersey lender (average rate spread +0.09 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Affinity Federal Credit Union approves

By income
Under $50k72.0% · 268$50–75k89.3% · 531$75–100k91.7% · 613$100–150k93.4% · 1,314$150–250k95.7% · 1,289$250k+94.8% · 634
By debt-to-income
Under 36%96.6% · 2,36836–43%95.0% · 1,05943–50%94.6% · 896Over 50%55.3% · 407
By down payment (LTV)
20%+ down94.5% · 3,07610–20% down92.2% · 4905–10% down92.4% · 3433–5% down85.8% · 113Under 3% down57.4% · 47

Why Affinity Federal Credit Union denied applications

Debt-to-income ratio54% of denialsCredit history23% of denialsCollateral (value/type)23% of denialsEmployment history6% of denialsUnverifiable information6% of denialsMortgage insurance denied5% of denials

Where Affinity Federal Credit Union lends in NJ

CountyDecisionsApproval
Somerset County95093.9%
Middlesex County68491.7%
Morris County59394.1%
Hunterdon County45995.2%
Monmouth County33792.9%
Union County27591.3%
Bergen County27090.4%
Essex County20887.0%

Fees & closing costs

Median total loan costs
$4,474
home purchase
As % of loan
1.35%
NJ median 1.93%
Priced originations
1,941
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Affinity Federal Credit Union’s home-purchase originations — 0.58 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 →

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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 Affinity Federal Credit Union (LEI 5493004UNRG4PWDF2K60). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →