Avadian 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%
67th19.0% deniedPricingmedian rate spread over APOR, weight 30%
95th-2.21 ptsProcesswithdrawn + incomplete share, weight 15%
89th4.8%Closing coststotal loan costs ÷ loan amount, weight 10%
4th6.74% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,329 | 1,059 | 12.8% | 13.6% | 5.75% | $163M |
| 2024 | 1,373 | 1,017 | 19.2% | 20.3% | 5.99% | $161M |
| 2025 | 1,339 | 1,015 | 18.1% | 19.0% | 4.99% | $162M |
What Avadian 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: 988 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 32 investment properties.
Why Avadian denies applications
Primary reason reported for each of the 242 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Avadian
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 182 | 81 | 52.3% |
| $50k – $100k | 433 | 323 | 20.8% |
| $100k – $150k | 328 | 265 | 14.1% |
| $150k – $250k | 273 | 243 | 6.1% |
| Over $250k | 104 | 93 | 4.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 175 | 130 | 18.6% |
| 35–44 | 307 | 230 | 20.8% |
| 45–54 | 335 | 252 | 20.4% |
| 55–64 | 273 | 212 | 17.1% |
| 65–74 | 172 | 136 | 16.1% |
| Over 74 | 64 | 46 | 23.3% |
Where Avadian lends
6 states and 54 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Avadian denied 19.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 67th percentile of home-equity (HELOC) lenders.
The most common reason Avadian gave in 2025 was "credit history", cited on 49.2% 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 Avadian originated in 2025 was 4.99%, and its median rate spread over the average prime offer rate was -2.21 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 20% of its applications were for home purchases, 9% for refinancing (including cash-out), and 71% for home improvement or other purposes. By loan type: 97% conventional, 2% FHA, 1% 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.