Credit Union of Denver at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
12th38.1% deniedPricingmedian rate spread over APOR, weight 30%
74th-0.32 ptsProcesswithdrawn + incomplete share, weight 15%
98th0.7%Closing coststotal loan costs ÷ loan amount, weight 10%
94th0.54% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,119 | 803 | 24.2% | 25.2% | 6.49% | $94M |
| 2024 | 868 | 634 | 20.6% | 22.0% | 6.99% | $82M |
| 2025 | 867 | 533 | 37.8% | 38.1% | 6.75% | $75M |
What Credit Union of Denver 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: 753 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 28 investment properties.
Why Credit Union of Denver denies applications
Primary reason reported for each of the 328 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Credit Union of Denver
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 48 | 11 | 77.1% |
| $50k – $100k | 211 | 113 | 46.2% |
| $100k – $150k | 210 | 129 | 38.3% |
| $150k – $250k | 258 | 183 | 28.5% |
| Over $250k | 136 | 94 | 29.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 84 | 28 | 66.7% |
| 35–44 | 218 | 127 | 40.9% |
| 45–54 | 234 | 151 | 34.9% |
| 55–64 | 203 | 146 | 27.7% |
| 65–74 | 89 | 60 | 32.6% |
| Over 74 | 37 | 21 | 43.2% |
Where Credit Union of Denver lends
1 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 |
|---|---|---|---|---|---|
| Colorado | 867 | 533 | 37.8% | 6.75% | #69 |
Frequently asked questions
Credit Union of Denver denied 38.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 12th percentile of home-equity (HELOC) lenders.
The most common reason Credit Union of Denver gave in 2025 was "debt-to-income ratio", cited on 39.0% 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 Credit Union of Denver originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was -0.32 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 1% of its applications were for home purchases, 30% 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.