Great Basin 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 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%
6th44.8% deniedPricingmedian rate spread over APOR, weight 30%
26th0.44 ptsProcesswithdrawn + incomplete share, weight 15%
96th2.2%Closing coststotal loan costs ÷ loan amount, weight 10%
1st8.95% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 135 | 64 | 31.9% | 34.1% | 8.75% | $5.4M |
| 2024 | 86 | 46 | 25.6% | 29.0% | 8.75% | $4.8M |
| 2025 | 137 | 52 | 43.8% | 44.8% | 7.75% | $6.1M |
What Great Basin 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: 96 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Great Basin Federal Credit Union denies applications
Primary reason reported for each of the 60 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Great Basin Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 46 | 13 | 57.8% |
| $100k – $150k | 31 | 13 | 38.7% |
| $150k – $250k | 28 | 14 | 22.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 31 | 14 | 35.5% |
| 45–54 | 25 | 11 | 48.0% |
| 55–64 | 39 | 13 | 46.0% |
Where Great Basin Federal Credit Union lends
2 states and 4 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Nevada | 135 | 52 | 43.0% | 7.75% | #126 |
Frequently asked questions
Great Basin Federal Credit Union denied 44.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 6th percentile of home-equity (HELOC) lenders.
The most common reason Great Basin Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 65.0% 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 Great Basin Federal Credit Union originated in 2025 was 7.75%, and its median rate spread over the average prime offer rate was 0.44 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 4% of its applications were for home purchases, 4% for refinancing (including cash-out), and 91% 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.