Beehive 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%
62nd20.3% deniedPricingmedian rate spread over APOR, weight 30%
54th0.06 ptsProcesswithdrawn + incomplete share, weight 15%
7th24.4%Closing coststotal loan costs ÷ loan amount, weight 10%
43rd3.38% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 659 | 413 | 9.1% | 12.1% | 7.75% | $72M |
| 2024 | 545 | 339 | 15.6% | 19.5% | 8.50% | $52M |
| 2025 | 618 | 368 | 15.4% | 20.3% | 7.25% | $69M |
What Beehive 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: 343 home-equity lines, 0 reverse mortgages, 13 manufactured homes, 18 investment properties.
Why Beehive denies applications
Primary reason reported for each of the 95 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Beehive
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 46 | 14 | 52.9% |
| $50k – $100k | 214 | 119 | 23.2% |
| $100k – $150k | 167 | 107 | 15.0% |
| $150k – $250k | 137 | 92 | 14.7% |
| Over $250k | 52 | 35 | 14.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 110 | 45 | 33.8% |
| 35–44 | 154 | 81 | 23.2% |
| 45–54 | 159 | 108 | 18.1% |
| 55–64 | 86 | 63 | 10.0% |
| 65–74 | 69 | 53 | 13.1% |
| Over 74 | 24 | 16 | 10.5% |
Where Beehive lends
11 states and 37 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Beehive denied 20.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 62nd percentile of home-equity (HELOC) lenders.
The most common reason Beehive gave in 2025 was "incomplete application", cited on 40.0% 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 Beehive originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.06 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 27% of its applications were for home purchases, 15% for refinancing (including cash-out), and 58% for home improvement or other purposes. By loan type: 96% 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.