Picatinny Federal Credit Union mortgage approval rate & lending review
Picatinny Federal Credit Union decided 912 mortgage applications and funded 679 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Picatinny Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Picatinny Federal Credit Union at a glance
Approval is 10.8 points above the 66.5% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 78% | 68 / 87 | 93% | $355K | 63 |
| Home improvement loans | 78% | 539 / 692 | 96% | $85K | 518 |
| Cash-out refinance | 91% | 30 / 33 | 100% | $95K | 30 |
| Refinance | 76% | 60 / 79 | 100% | $125K | 60 |
Picatinny Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Jersey | 77% | $85K | 877 | 653 |
| Pennsylvania | 89% | $45K | 27 | 24 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Picatinny Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Morris County, NJ | Home improvement loans | 76% | 464 | 339 |
| Sussex County, NJ | Home improvement loans | 82% | 109 | 87 |
| Morris County, NJ | Refinance | 80% | 44 | 35 |
| Warren County, NJ | Home improvement loans | 78% | 36 | 26 |
| Essex County, NJ | Home improvement loans | 90% | 20 | 17 |
The county markets where Picatinny Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Picatinny Federal Credit Union
What is Picatinny Federal Credit Union's mortgage approval rate?
Picatinny Federal Credit Union approved 77.3% of the 912 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.8 points above the 66.5% national rate for the same mix of loan types.
How often do borrowers take the loan Picatinny Federal Credit Union offers?
Borrowers accepted 96% of the loans Picatinny Federal Credit Union approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Picatinny Federal Credit Union make?
The typical home improvement loan loan Picatinny Federal Credit Union made was $85K; across all loan types its typical loan ran from $85K to $355K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Picatinny Federal Credit Union lend?
Picatinny Federal Credit Union decided applications in 6 of the states Fat Boy Data covers, most of them in New Jersey, Pennsylvania and Florida.
Can I apply to Picatinny Federal Credit Union directly?
Yes. Picatinny Federal Credit Union is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Picatinny Federal Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Picatinny Federal Credit Union treats applications, then get a rate quote from the lender.