Everence 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%
34th30.3% deniedPricingmedian rate spread over APOR, weight 30%
37th0.30 ptsProcesswithdrawn + incomplete share, weight 15%
69th9.4%Closing coststotal loan costs ÷ loan amount, weight 10%
75th2.18% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 368 | 239 | 23.1% | 26.1% | 3.49% | $38M |
| 2024 | 439 | 281 | 27.8% | 30.3% | 5.49% | $48M |
| 2025 | 448 | 280 | 27.5% | 30.3% | 5.49% | $46M |
What Everence 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: 310 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 35 investment properties.
Why Everence Federal Credit Union denies applications
Primary reason reported for each of the 123 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Everence 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 | 60 | 18 | 67.9% |
| $50k – $100k | 175 | 109 | 30.9% |
| $100k – $150k | 103 | 74 | 17.8% |
| $150k – $250k | 67 | 49 | 21.0% |
| Over $250k | 40 | 29 | 14.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 66 | 43 | 28.3% |
| 35–44 | 112 | 69 | 33.0% |
| 45–54 | 97 | 54 | 38.9% |
| 55–64 | 92 | 67 | 20.0% |
| 65–74 | 53 | 30 | 31.1% |
Where Everence Federal Credit Union lends
29 states and 98 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 224 | 146 | 26.8% | 5.49% | #257 |
| Indiana | 62 | 39 | 29.0% | 5.49% | #326 |
| Florida | 51 | 34 | 17.7% | 5.49% | #594 |
| Ohio | 45 | 27 | 28.9% | 5.49% | #422 |
| Virginia | 15 | 8 | 40.0% | 5.49% | #532 |
| California | 6 | 3 | 50.0% | 5.49% | #796 |
| Michigan | 6 | 5 | 0.0% | 5.49% | #564 |
| New Jersey | 5 | 1 | 40.0% | 5.49% | #608 |
Frequently asked questions
Everence Federal Credit Union denied 30.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 34th percentile of home-equity (HELOC) lenders.
The most common reason Everence Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 46.3% 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 Everence Federal Credit Union originated in 2025 was 5.49%, and its median rate spread over the average prime offer rate was 0.30 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 25% for refinancing (including cash-out), and 63% 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.