APL Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
91st10.9% deniedPricingmedian rate spread over APOR, weight 30%
43rd0.24 ptsProcesswithdrawn + incomplete share, weight 15%
31st16.1%Closing coststotal loan costs ÷ loan amount, weight 10%
95th0.41% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 418 | 311 | 13.6% | 15.5% | 8.00% | $26M |
| 2024 | 340 | 287 | 4.7% | 5.3% | 8.50% | $27M |
| 2025 | 428 | 320 | 9.1% | 10.9% | 7.50% | $33M |
What APL Federal Credit Union 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: 317 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why APL Federal Credit Union denies applications
Primary reason reported for each of the 39 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at APL Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 56 | 35 | 22.2% |
| $100k – $150k | 132 | 100 | 10.7% |
| $150k – $250k | 135 | 110 | 9.1% |
| Over $250k | 81 | 69 | 1.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 42 | 31 | 6.1% |
| 35–44 | 117 | 94 | 7.8% |
| 45–54 | 125 | 91 | 15.7% |
| 55–64 | 89 | 62 | 10.1% |
| 65–74 | 44 | 32 | 13.5% |
Where APL Federal Credit Union lends
7 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maryland | 408 | 308 | 8.8% | 7.50% | #105 |
| Pennsylvania | 9 | 6 | 11.1% | 7.25% | #714 |
Frequently asked questions
APL Federal Credit Union denied 10.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 91st percentile of home-equity (HELOC) lenders.
The most common reason APL Federal Credit Union gave in 2025 was "other", cited on 43.6% 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 APL Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 2% of its applications were for home purchases, 20% for refinancing (including cash-out), and 78% 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.