IDEAL 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%
53rd23.4% deniedPricingmedian rate spread over APOR, weight 30%
98th-2.66 ptsProcesswithdrawn + incomplete share, weight 15%
76th7.9%Closing coststotal loan costs ÷ loan amount, weight 10%
69th2.45% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 901 | 575 | 17.0% | 18.3% | 6.49% | $63M |
| 2024 | 837 | 540 | 19.4% | 20.5% | 7.00% | $76M |
| 2025 | 1,111 | 676 | 21.5% | 23.4% | 4.49% | $94M |
What IDEAL 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: 648 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 13 investment properties.
Why IDEAL Credit Union denies applications
Primary reason reported for each of the 239 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at IDEAL 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 | 98 | 27 | 64.8% |
| $50k – $100k | 361 | 192 | 29.1% |
| $100k – $150k | 284 | 197 | 15.9% |
| $150k – $250k | 272 | 194 | 11.1% |
| Over $250k | 87 | 65 | 11.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 105 | 68 | 14.9% |
| 35–44 | 287 | 177 | 24.9% |
| 45–54 | 267 | 157 | 24.7% |
| 55–64 | 220 | 139 | 22.4% |
| 65–74 | 165 | 90 | 28.3% |
| Over 74 | 56 | 37 | 18.2% |
Where IDEAL Credit Union lends
5 states and 58 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
IDEAL Credit Union denied 23.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 53rd percentile of home-equity (HELOC) lenders.
The most common reason IDEAL Credit Union gave in 2025 was "debt-to-income ratio", cited on 58.2% 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 IDEAL Credit Union originated in 2025 was 4.49%, and its median rate spread over the average prime offer rate was -2.66 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 17% of its applications were for home purchases, 6% for refinancing (including cash-out), and 77% 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.