Liberty Savings Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F 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%
12th38.2% deniedPricingmedian rate spread over APOR, weight 30%
6th1.11 ptsProcesswithdrawn + incomplete share, weight 15%
32nd15.8%Closing coststotal loan costs ÷ loan amount, weight 10%
55th2.98% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 190 | 92 | 14.7% | 21.4% | 9.50% | $20M |
| 2024 | 310 | 192 | 22.9% | 26.3% | 8.75% | $56M |
| 2025 | 202 | 101 | 32.2% | 38.2% | 8.25% | $24M |
What Liberty Savings 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: 170 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 2 investment properties.
Why Liberty Savings Bank denies applications
Primary reason reported for each of the 65 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Liberty Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 51 | 32 | 28.3% |
| $50k – $100k | 47 | 23 | 43.9% |
| $100k – $150k | 20 | 15 | 11.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 55–64 | 22 | 10 | 44.4% |
| 65–74 | 40 | 18 | 48.6% |
| Over 74 | 114 | 59 | 33.7% |
Where Liberty Savings Bank lends
32 states and 104 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 77 | 29 | 41.6% | 6.63% | #528 |
| Ohio | 19 | 10 | 31.6% | 7.06% | #535 |
| Illinois | 14 | 7 | 35.7% | 8.50% | #636 |
| Colorado | 8 | 6 | 25.0% | 6.75% | #532 |
| Oregon | 8 | 6 | 25.0% | 9.38% | #387 |
| Texas | 7 | 3 | 42.9% | 8.50% | #1,025 |
| Wisconsin | 7 | 5 | 14.3% | 10.50% | #541 |
| Indiana | 6 | 4 | 16.7% | 7.75% | #624 |
| Arizona | 5 | 5 | 0.0% | 8.50% | #605 |
| Georgia | 5 | 3 | 20.0% | 9.75% | #753 |
| Michigan | 5 | 2 | 40.0% | 8.38% | #608 |
| North Carolina | 5 | 3 | 40.0% | 9.75% | #755 |
Frequently asked questions
Liberty Savings Bank denied 38.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 12th percentile of home-equity (HELOC) lenders.
The most common reason Liberty Savings Bank gave in 2025 was "other", cited on 52.3% 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 Savings Bank originated in 2025 was 8.25%, and its median rate spread over the average prime offer rate was 1.11 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 11% of its applications were for home purchases, 30% for refinancing (including cash-out), and 58% 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.