Evergreen 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%
18th35.1% deniedPricingmedian rate spread over APOR, weight 30%
14th0.79 ptsProcesswithdrawn + incomplete share, weight 15%
47th13.0%Closing coststotal loan costs ÷ loan amount, weight 10%
97th0.30% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 519 | 314 | 21.6% | 26.1% | 6.50% | $38M |
| 2024 | 380 | 213 | 26.6% | 32.0% | 7.20% | $31M |
| 2025 | 978 | 544 | 30.6% | 35.1% | 6.50% | $80M |
What Evergreen 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: 494 home-equity lines, 0 reverse mortgages, 7 manufactured homes, 26 investment properties.
Why Evergreen Credit Union denies applications
Primary reason reported for each of the 299 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Evergreen 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 | 95 | 23 | 70.4% |
| $50k – $100k | 339 | 160 | 43.4% |
| $100k – $150k | 247 | 154 | 30.4% |
| $150k – $250k | 198 | 134 | 20.5% |
| Over $250k | 60 | 39 | 22.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 111 | 54 | 40.6% |
| 35–44 | 213 | 122 | 33.2% |
| 45–54 | 230 | 127 | 35.2% |
| 55–64 | 212 | 126 | 33.0% |
| 65–74 | 137 | 72 | 39.0% |
| Over 74 | 39 | 11 | 62.1% |
Where Evergreen Credit Union lends
2 states and 17 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maine | 976 | 543 | 30.6% | 6.50% | #10 |
Frequently asked questions
Evergreen Credit Union denied 35.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 18th percentile of home-equity (HELOC) lenders.
The most common reason Evergreen Credit Union gave in 2025 was "debt-to-income ratio", cited on 53.2% 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 Evergreen Credit Union originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.79 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 12% of its applications were for home purchases, 26% for refinancing (including cash-out), and 62% 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.