Mortgage lender · Springfield, MO · LEI 549300PHPKOL5FJ7D438

BluCurrent Credit Union review: approval odds, rates and grade (2025)

BluCurrent Credit Union earns an A, placing it in the top fifth of home-equity (HELOC) lenders. It turned down 15.7% of the applications it decided on in 2025, which ranks in the 79th percentile for approval odds. Its median loan was priced 0.50 points below the average prime offer rate, ranking in the 79th percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

768Applications2025
69.0%Originatedof applications
15.7%Decision denial ratenational 22.6%
7.00%Median ratenational 6.63%
$75MLoan volume4 states

BluCurrent Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

14.3%Denial rate (all applications)-3.66 pts vs national
15.7%Denial rate (decided applications)-6.92 pts vs national
69.0%Origination rate+10.98 pts vs national
5.7%Withdrawn by applicant
2.9%Closed for incompleteness
7.00%Median interest rate+0.38 pts vs national
-0.50Median rate spread (pts over APOR)-0.75 pts vs national
$85,000Median loan amount
$2,612Median total loan costs
$96kMedian applicant income
70%Median loan-to-value
0High-cost (HOEPA) loans

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%

79th15.7% denied

Pricingmedian rate spread over APOR, weight 30%

79th-0.50 pts

Processwithdrawn + incomplete share, weight 15%

72nd8.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

52nd3.07% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202365744515.2%18.3%7.75%$52M
202469346617.9%19.6%8.00%$62M
202576853014.3%15.7%7.00%$75M

What BluCurrent 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

Home purchase 220 29% · 9.6% denied
Refinance 66 9% · 4.6% denied
Cash-out refinance 36 5% · 11.1% denied
Home improvement 242 32% · 18.2% denied
Other / HELOC 204 27% · 18.6% denied

By loan type

Conventional 766 100% · 14.4% denied
FHA 1 0% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Also: 526 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 48 investment properties.

Why BluCurrent Credit Union denies applications

Primary reason reported for each of the 110 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 42 38%
Credit history 29 26%
Debt-to-income ratio 21 19%
Collateral 9 8%
Insufficient cash 4 4%
Unverifiable information 4 4%
Incomplete application 1 1%

How these reasons compare nationally →

Who gets approved at BluCurrent Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k995530.8%
$50k – $100k29017818.0%
$100k – $150k18213512.0%
$150k – $250k1241019.9%
Over $250k61507.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25291318.2%
25–341397720.7%
35–4419213117.3%
45–5419014912.8%
55–641228812.3%
65–74594121.4%
Over 7437315.6%

Where BluCurrent Credit Union lends

4 states and 28 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Missouri73452714.6%7.00%#69

Frequently asked questions

BluCurrent Credit Union denied 15.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 79th percentile of home-equity (HELOC) lenders.

The most common reason BluCurrent Credit Union gave in 2025 was "other", cited on 38.2% 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 BluCurrent Credit Union originated in 2025 was 7.00%, 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, 29% of its applications were for home purchases, 13% for refinancing (including cash-out), and 58% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with BluCurrent Credit Union. Data sources · Methodology