Ascent at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
68th18.8% deniedPricingmedian rate spread over APOR, weight 30%
76th-0.35 ptsProcesswithdrawn + incomplete share, weight 15%
3rd29.4%Closing coststotal loan costs ÷ loan amount, weight 10%
24th4.26% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 185 | 133 | 9.7% | 11.9% | 6.95% | $14M |
| 2024 | 153 | 111 | 15.0% | 17.2% | 6.95% | $14M |
| 2025 | 143 | 82 | 13.3% | 18.8% | 6.88% | $11M |
What Ascent 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: 94 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 3 investment properties.
Why Ascent denies applications
Primary reason reported for each of the 19 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Ascent
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 42 | 19 | 20.8% |
| $100k – $150k | 45 | 27 | 25.0% |
| $150k – $250k | 27 | 23 | 4.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 32 | 19 | 13.6% |
| 45–54 | 36 | 18 | 25.0% |
| 55–64 | 25 | 20 | 4.8% |
| 65–74 | 20 | 17 | 5.6% |
Where Ascent lends
5 states and 11 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Utah | 137 | 80 | 11.7% | 6.75% | #120 |
Frequently asked questions
Ascent denied 18.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 68th percentile of home-equity (HELOC) lenders.
The most common reason Ascent gave in 2025 was "debt-to-income ratio", cited on 42.1% 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 Ascent originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was -0.35 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 17% of its applications were for home purchases, 24% for refinancing (including cash-out), and 58% for home improvement or other purposes. By loan type: 99% conventional, 1% 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.