# PICATINNY FEDERAL CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/picatinny-federal-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


PICATINNY FEDERAL CREDIT UNION is a credit union, headquartered in Dover, NJ, serving borrowers across 3 states, with 29 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 23% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 74% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300YYJWBT2GH5DS80
- **Headquarters:** Dover, NJ
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** FL, NJ, PA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 77/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 26/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.147%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $986
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 29
- **Dollar Volume:** $10 million
- **Applications Received:** 60
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $328,793
- **Average Borrower Income:** $178,931
- **Average Property Value:** $645,000

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 20/100 | 29 | +0.147% | $986 | Mediocre 😐 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 16/100 | 17 | $6M | +0.024% | Mediocre 😐 |
| Refinance | 28/100 | 12 | $3M | +0.326% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 26 | 0.03% | 59/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Newark, NJ | NJ | 20 | 60/100 |

## Frequently Asked Questions

### What loan types does PICATINNY FEDERAL CREDIT UNION offer?

PICATINNY FEDERAL CREDIT UNION offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does PICATINNY FEDERAL CREDIT UNION offer mortgages?

PICATINNY FEDERAL CREDIT UNION offers mortgages in 3 states: FL, NJ, PA.

### How competitive are PICATINNY FEDERAL CREDIT UNION's mortgage rates?

PICATINNY FEDERAL CREDIT UNION has a pricing score of 77/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.147% above market average.

### What type of lender is PICATINNY FEDERAL CREDIT UNION?

PICATINNY FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Dover, NJ.

### What is PICATINNY FEDERAL CREDIT UNION's loan approval success rate?

PICATINNY FEDERAL CREDIT UNION has a pull-through score of 26/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/picatinny-federal-credit-union

### How to Cite

> "PICATINNY FEDERAL CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/picatinny-federal-credit-union

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