CBC 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 D 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%
55th23.0% deniedPricingmedian rate spread over APOR, weight 30%
0th8.11 ptsProcesswithdrawn + incomplete share, weight 15%
22nd17.8%Closing coststotal loan costs ÷ loan amount, weight 10%
2nd8.03% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 468 | 245 | 18.8% | 25.5% | 8.50% | $86M |
| 2024 | 550 | 343 | 21.1% | 25.3% | 9.00% | $92M |
| 2025 | 555 | 351 | 18.9% | 23.0% | 8.00% | $148M |
What CBC 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: 417 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 33 investment properties.
Why CBC Federal Credit Union denies applications
Primary reason reported for each of the 105 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at CBC Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 96 | 49 | 39.5% |
| $100k – $150k | 94 | 50 | 33.3% |
| $150k – $250k | 145 | 95 | 20.2% |
| Over $250k | 191 | 146 | 8.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 34 | 21 | 19.2% |
| 35–44 | 149 | 99 | 19.5% |
| 45–54 | 145 | 98 | 20.3% |
| 55–64 | 128 | 78 | 25.0% |
| 65–74 | 60 | 34 | 34.6% |
| Over 74 | 36 | 21 | 19.2% |
Where CBC Federal Credit Union lends
8 states and 38 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 520 | 331 | 19.6% | 8.00% | #257 |
| Colorado | 10 | 10 | 0.0% | 8.00% | #501 |
| Arizona | 7 | 5 | 28.6% | 6.88% | #559 |
| Nevada | 5 | 3 | 0.0% | 7.25% | #371 |
Frequently asked questions
CBC Federal Credit Union denied 23.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 55th percentile of home-equity (HELOC) lenders.
The most common reason CBC Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 67.6% 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 CBC Federal Credit Union originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 8.11 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 21% for refinancing (including cash-out), and 66% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 1% 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.