Blue Federal 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 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%
51st24.1% deniedPricingmedian rate spread over APOR, weight 30%
72nd-0.26 ptsProcesswithdrawn + incomplete share, weight 15%
1st33.2%Closing coststotal loan costs ÷ loan amount, weight 10%
24th4.25% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,291 | 733 | 18.8% | 24.9% | 6.49% | $107M |
| 2024 | 1,051 | 514 | 23.8% | 32.6% | 8.00% | $95M |
| 2025 | 1,186 | 596 | 16.1% | 24.1% | 6.99% | $132M |
What Blue Federal 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: 850 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 108 investment properties.
Why Blue Federal Credit Union denies applications
Primary reason reported for each of the 191 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Blue Federal 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 | 102 | 22 | 64.5% |
| $50k – $100k | 344 | 153 | 28.5% |
| $100k – $150k | 290 | 161 | 18.7% |
| $150k – $250k | 265 | 153 | 18.2% |
| Over $250k | 147 | 81 | 15.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 94 | 48 | 22.6% |
| 35–44 | 273 | 141 | 22.3% |
| 45–54 | 281 | 138 | 26.2% |
| 55–64 | 235 | 124 | 22.0% |
| 65–74 | 205 | 93 | 28.5% |
| Over 74 | 75 | 35 | 27.1% |
Where Blue Federal Credit Union lends
6 states and 49 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Blue Federal Credit Union denied 24.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 51st percentile of home-equity (HELOC) lenders.
The most common reason Blue Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 57.6% 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 Blue Federal Credit Union originated in 2025 was 6.99%, and its median rate spread over the average prime offer rate was -0.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 11% of its applications were for home purchases, 17% for refinancing (including cash-out), and 72% 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.