Hughes 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%
36th29.1% deniedPricingmedian rate spread over APOR, weight 30%
4th1.34 ptsProcesswithdrawn + incomplete share, weight 15%
38th14.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,013 | 443 | 31.1% | 33.8% | 9.25% | $34M |
| 2024 | 840 | 355 | 29.1% | 32.0% | 9.50% | $28M |
| 2025 | 696 | 301 | 24.9% | 29.1% | 8.50% | $23M |
What Hughes 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: 696 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 61 investment properties.
Why Hughes Federal Credit Union denies applications
Primary reason reported for each of the 173 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Hughes 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 | 101 | 24 | 53.0% |
| $50k – $100k | 263 | 113 | 30.4% |
| $100k – $150k | 164 | 79 | 19.2% |
| $150k – $250k | 117 | 66 | 16.7% |
| Over $250k | 49 | 18 | 38.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 70 | 18 | 46.4% |
| 35–44 | 165 | 75 | 27.7% |
| 45–54 | 172 | 82 | 30.7% |
| 55–64 | 148 | 66 | 24.0% |
| 65–74 | 92 | 39 | 25.9% |
| Over 74 | 46 | 21 | 23.1% |
Where Hughes Federal Credit Union lends
4 states and 18 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Arizona | 692 | 301 | 24.4% | 8.50% | #92 |
Frequently asked questions
Hughes Federal Credit Union denied 29.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 36th percentile of home-equity (HELOC) lenders.
The most common reason Hughes Federal Credit Union gave in 2025 was "credit history", cited on 41.6% 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 Hughes Federal Credit Union originated in 2025 was 8.50%, and its median rate spread over the average prime offer rate was 1.34 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 0% of its applications were for home purchases, 0% for refinancing (including cash-out), and 100% 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.