Bhcu 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%
98th4.5% deniedPricingmedian rate spread over APOR, weight 30%
24th0.50 ptsProcesswithdrawn + incomplete share, weight 15%
98th0.9%Closing coststotal loan costs ÷ loan amount, weight 10%
95th0.38% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 162 | 146 | 8.0% | 8.2% | 7.50% | $27M |
| 2024 | 103 | 97 | 1.0% | 1.0% | 8.25% | $17M |
| 2025 | 224 | 212 | 4.5% | 4.5% | 6.50% | $62M |
What Bhcu 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: 163 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 42 investment properties.
Why Bhcu denies applications
Primary reason reported for each of the 10 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bhcu
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 28 | 23 | 17.9% |
| $100k – $150k | 30 | 29 | 0.0% |
| $150k – $250k | 49 | 47 | 4.1% |
| Over $250k | 38 | 38 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 30 | 27 | 6.9% |
| 35–44 | 49 | 44 | 8.3% |
| 45–54 | 64 | 63 | 1.6% |
| 55–64 | 52 | 49 | 5.8% |
| 65–74 | 25 | 25 | 0.0% |
Where Bhcu lends
6 states and 20 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 188 | 179 | 4.3% | 6.50% | #285 |
| New Jersey | 20 | 20 | 0.0% | 6.50% | #453 |
| Delaware | 10 | 9 | 10.0% | 6.50% | #241 |
Frequently asked questions
Bhcu denied 4.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 98th percentile of home-equity (HELOC) lenders.
The most common reason Bhcu gave in 2025 was "debt-to-income ratio", cited on 90.0% 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 Bhcu originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.50 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 3% of its applications were for home purchases, 68% for refinancing (including cash-out), and 29% 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.