Fremont Bank 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%
22nd33.6% deniedPricingmedian rate spread over APOR, weight 30%
9th0.99 ptsProcesswithdrawn + incomplete share, weight 15%
53rd12.1%Closing coststotal loan costs ÷ loan amount, weight 10%
98th0.24% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,450 | 1,522 | 22.3% | 25.9% | 9.00% | $450M |
| 2024 | 3,221 | 1,894 | 26.8% | 30.8% | 9.25% | $657M |
| 2025 | 3,459 | 1,960 | 29.5% | 33.6% | 8.25% | $771M |
What Fremont Bank 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: 2,589 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 400 investment properties.
Why Fremont Bank denies applications
Primary reason reported for each of the 1,021 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Fremont Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 107 | 17 | 83.0% |
| $50k – $100k | 393 | 170 | 50.3% |
| $100k – $150k | 597 | 307 | 39.3% |
| $150k – $250k | 986 | 598 | 29.2% |
| Over $250k | 1,270 | 811 | 24.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 155 | 72 | 41.7% |
| 35–44 | 631 | 350 | 34.6% |
| 45–54 | 822 | 461 | 35.5% |
| 55–64 | 882 | 512 | 33.3% |
| 65–74 | 612 | 368 | 29.1% |
| Over 74 | 317 | 169 | 34.2% |
Where Fremont Bank lends
2 states and 48 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 3,447 | 1,954 | 29.5% | 8.25% | #59 |
| Nevada | 12 | 6 | 50.0% | 7.25% | #301 |
Frequently asked questions
Fremont Bank denied 33.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 22nd percentile of home-equity (HELOC) lenders.
The most common reason Fremont Bank 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 Fremont Bank originated in 2025 was 8.25%, and its median rate spread over the average prime offer rate was 0.99 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 10% of its applications were for home purchases, 39% for refinancing (including cash-out), and 50% 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.