Apco Employees at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
42nd27.7% deniedPricingmedian rate spread over APOR, weight 30%
1st6.00 ptsProcesswithdrawn + incomplete share, weight 15%
97th1.1%Closing coststotal loan costs ÷ loan amount, weight 10%
21st4.44% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 767 | 563 | 24.9% | 25.3% | 6.00% | $72M |
| 2024 | 684 | 483 | 27.5% | 28.0% | 6.25% | $53M |
| 2025 | 800 | 572 | 27.4% | 27.7% | 6.00% | $76M |
What Apco Employees lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 634 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Apco Employees denies applications
Primary reason reported for each of the 219 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Apco Employees
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 46 | 16 | 64.4% |
| $50k – $100k | 184 | 114 | 37.7% |
| $100k – $150k | 234 | 171 | 26.0% |
| $150k – $250k | 219 | 185 | 14.8% |
| Over $250k | 100 | 79 | 20.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 104 | 78 | 25.0% |
| 35–44 | 178 | 126 | 29.2% |
| 45–54 | 189 | 133 | 29.3% |
| 55–64 | 160 | 114 | 26.9% |
| 65–74 | 122 | 88 | 26.1% |
| Over 74 | 38 | 27 | 27.0% |
Where Apco Employees lends
4 states and 91 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 661 | 469 | 28.0% | 6.00% | #71 |
| Georgia | 109 | 80 | 24.8% | 6.00% | #325 |
| Mississippi | 28 | 21 | 25.0% | 6.00% | #210 |
Frequently asked questions
Apco Employees denied 27.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 42nd percentile of home-equity (HELOC) lenders.
The most common reason Apco Employees gave in 2025 was "credit history", cited on 53.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Apco Employees originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was 6.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 11% of its applications were for home purchases, 11% for refinancing (including cash-out), and 79% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.