ASHLAND 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 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%
1st53.2% deniedPricingmedian rate spread over APOR, weight 30%
65th-0.14 ptsProcesswithdrawn + incomplete share, weight 15%
45th13.5%Closing coststotal loan costs ÷ loan amount, weight 10%
61st2.73% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 424 | 223 | 24.8% | 30.7% | 7.13% | $20M |
| 2024 | 294 | 147 | 32.3% | 37.4% | 7.75% | $16M |
| 2025 | 126 | 45 | 46.0% | 53.2% | 6.63% | $4.0M |
What ASHLAND 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: 100 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4 investment properties.
Why ASHLAND Credit Union denies applications
Primary reason reported for each of the 58 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at ASHLAND 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 | 52 | 18 | 57.8% |
| $100k – $150k | 33 | 13 | 46.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 22 | 3 | 81.0% |
| 35–44 | 34 | 12 | 48.2% |
| 45–54 | 27 | 14 | 46.2% |
| 55–64 | 24 | 8 | 50.0% |
Where ASHLAND Credit Union lends
15 states and 41 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Kentucky | 74 | 26 | 51.4% | 6.75% | #234 |
| Ohio | 15 | 3 | 46.7% | 6.75% | #566 |
| West Virginia | 14 | 4 | 50.0% | 6.50% | #225 |
| Minnesota | 8 | 5 | 0.0% | 6.63% | #496 |
Frequently asked questions
ASHLAND Credit Union denied 53.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 1st percentile of home-equity (HELOC) lenders.
The most common reason ASHLAND Credit Union gave in 2025 was "credit history", cited on 43.1% 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 ASHLAND Credit Union originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was -0.14 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 0% of its applications were for home purchases, 100% for refinancing (including cash-out), and 0% 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.