FREMONT 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 A 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%
99th4.1% deniedPricingmedian rate spread over APOR, weight 30%
39th0.27 ptsProcesswithdrawn + incomplete share, weight 15%
83rd6.3%Closing coststotal loan costs ÷ loan amount, weight 10%
51st3.10% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 201 | 187 | 2.0% | 2.1% | — | $26M |
| 2024 | 203 | 191 | 1.0% | 1.0% | 6.50% | $27M |
| 2025 | 521 | 468 | 3.8% | 4.1% | 7.25% | $50M |
What FREMONT 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: 287 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 55 investment properties.
Why FREMONT Federal Credit Union denies applications
Primary reason reported for each of the 20 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at FREMONT 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 | 105 | 85 | 10.5% |
| $50k – $100k | 248 | 222 | 3.5% |
| $100k – $150k | 106 | 103 | 1.0% |
| $150k – $250k | 51 | 49 | 2.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 35 | 34 | 0.0% |
| 25–34 | 96 | 85 | 3.4% |
| 35–44 | 87 | 80 | 1.2% |
| 45–54 | 114 | 104 | 4.6% |
| 55–64 | 100 | 90 | 5.3% |
| 65–74 | 70 | 59 | 6.4% |
Where FREMONT Federal Credit Union lends
3 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 |
|---|---|---|---|---|---|
| Ohio | 516 | 467 | 3.7% | 7.25% | #132 |
Frequently asked questions
FREMONT Federal Credit Union denied 4.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 99th percentile of home-equity (HELOC) lenders.
The most common reason FREMONT Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 55.0% 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 FREMONT Federal Credit Union originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 33% of its applications were for home purchases, 20% for refinancing (including cash-out), and 46% 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.