Liberty Bank 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%
92nd10.2% deniedPricingmedian rate spread over APOR, weight 30%
81st-0.70 ptsProcesswithdrawn + incomplete share, weight 15%
63rd10.4%Closing coststotal loan costs ÷ loan amount, weight 10%
81st1.90% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 3,330 | 2,534 | 12.0% | 13.3% | 5.00% | $764M |
| 2024 | 3,186 | 2,468 | 11.3% | 12.5% | 5.99% | $785M |
| 2025 | 3,886 | 3,060 | 9.1% | 10.2% | 5.99% | $1.2B |
What Liberty 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: 2,019 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 119 investment properties.
Why Liberty Bank denies applications
Primary reason reported for each of the 355 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Liberty Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 181 | 86 | 41.3% |
| $50k – $100k | 1,132 | 866 | 12.0% |
| $100k – $150k | 909 | 720 | 9.0% |
| $150k – $250k | 950 | 795 | 6.3% |
| Over $250k | 658 | 550 | 5.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 56 | 47 | 4.1% |
| 25–34 | 646 | 494 | 8.3% |
| 35–44 | 934 | 749 | 9.2% |
| 45–54 | 711 | 561 | 11.4% |
| 55–64 | 795 | 619 | 11.5% |
| 65–74 | 530 | 420 | 11.1% |
| Over 74 | 198 | 154 | 11.0% |
Where Liberty Bank lends
6 states and 33 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Connecticut | 3,513 | 2,765 | 9.5% | 5.99% | #7 |
| Massachusetts | 341 | 269 | 5.9% | 5.88% | #106 |
| Rhode Island | 22 | 18 | 4.6% | 6.25% | #141 |
| New Hampshire | 8 | 6 | 12.5% | 5.81% | #279 |
Frequently asked questions
Liberty Bank denied 10.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 92nd percentile of home-equity (HELOC) lenders.
The most common reason Liberty Bank gave in 2025 was "debt-to-income ratio", cited on 61.7% 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 Liberty Bank originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.70 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 39% of its applications were for home purchases, 20% for refinancing (including cash-out), and 40% for home improvement or other purposes. By loan type: 98% conventional, 2% 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.