Bellco 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 F 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%
6th45.0% deniedPricingmedian rate spread over APOR, weight 30%
5th1.18 ptsProcesswithdrawn + incomplete share, weight 15%
71st8.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 6,988 | 3,689 | 36.3% | 39.9% | 9.00% | $627M |
| 2024 | 8,147 | 4,150 | 37.2% | 41.3% | 9.00% | $707M |
| 2025 | 5,879 | 2,822 | 40.9% | 45.0% | 8.00% | $478M |
What Bellco 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: 5,871 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 18 investment properties.
Why Bellco Credit Union denies applications
Primary reason reported for each of the 2,407 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bellco Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 586 | 146 | 70.6% |
| $50k – $100k | 1,589 | 643 | 54.2% |
| $100k – $150k | 1,465 | 762 | 40.2% |
| $150k – $250k | 1,495 | 884 | 32.3% |
| Over $250k | 689 | 383 | 34.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 30 | 3 | 90.0% |
| 25–34 | 442 | 158 | 60.7% |
| 35–44 | 1,493 | 742 | 43.8% |
| 45–54 | 1,656 | 838 | 42.5% |
| 55–64 | 1,249 | 608 | 43.5% |
| 65–74 | 715 | 333 | 44.2% |
| Over 74 | 286 | 136 | 43.5% |
Where Bellco Credit Union lends
11 states and 52 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Colorado | 5,863 | 2,818 | 40.9% | 8.00% | #5 |
Frequently asked questions
Bellco Credit Union denied 45.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 6th percentile of home-equity (HELOC) lenders.
The most common reason Bellco Credit Union gave in 2025 was "debt-to-income ratio", cited on 47.7% 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 Bellco Credit Union originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 1.18 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 1% of its applications were for home purchases, 31% for refinancing (including cash-out), and 68% 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.