Lender report card · New Jersey

Freedom Credit Uniton

Warminster, PA · What the federal mortgage record shows about how Freedom Credit Uniton treated New Jersey applicants, 2018–2025 — 202 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
95.0%
192 approved
Denial rate
5.0%
10 denied
Decisions
202
2018–2025
Avg. rate spread
+0.15 pp
vs. market benchmark
95.0% approved
5.0% denied

Share of 202 New Jersey applications Freedom Credit Uniton approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.0% of 202 · NJ 87%

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

Approval rate over time

81%85%89%93%97%93%90%98%100%85%88%100%100%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Freedom Credit Uniton’s rates ran -0.08 pp lower than the typical New Jersey lender (average rate spread +0.15 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Freedom Credit Uniton approves

By income
$50–75k96.9% · 32$75–100k92.9% · 28$100–150k96.2% · 52$150–250k100.0% · 56
By debt-to-income
Under 36%98.8% · 8236–43%100.0% · 6543–50%95.7% · 47
By down payment (LTV)
20%+ down96.9% · 130

Why Freedom Credit Uniton denied applications

Debt-to-income ratio50% of denialsCredit history50% of denialsInsufficient cash to close10% of denialsOther10% of denials

Where Freedom Credit Uniton lends in NJ

CountyDecisionsApproval
Camden County5496.3%
Cape May County4695.7%
Burlington County29100.0%
Gloucester County25100.0%

Fees & closing costs

Median total loan costs
$3,629
home purchase
As % of loan
1.50%
NJ median 1.93%
Priced originations
62
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Freedom Credit Uniton’s home-purchase originations — 0.43 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 Freedom Credit Uniton (LEI 549300JNYMHRVCGKK706). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →