MYPOINT 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 C 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%
23rd33.3% deniedPricingmedian rate spread over APOR, weight 30%
24th0.49 ptsProcesswithdrawn + incomplete share, weight 15%
78th7.6%Closing coststotal loan costs ÷ loan amount, weight 10%
89th1.11% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 270 | 172 | 35.6% | 35.8% | 7.74% | $26M |
| 2024 | 341 | 226 | 30.8% | 31.6% | 6.74% | $70M |
| 2025 | 569 | 349 | 30.8% | 33.3% | 5.74% | $111M |
What MYPOINT 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: 440 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 24 investment properties.
Why MYPOINT Credit Union denies applications
Primary reason reported for each of the 175 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at MYPOINT 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 | 33 | 6 | 80.7% |
| $50k – $100k | 77 | 27 | 60.9% |
| $100k – $150k | 105 | 63 | 34.0% |
| $150k – $250k | 197 | 149 | 19.9% |
| Over $250k | 141 | 94 | 25.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 37 | 22 | 29.0% |
| 35–44 | 139 | 87 | 32.0% |
| 45–54 | 133 | 81 | 34.9% |
| 55–64 | 113 | 67 | 38.0% |
| 65–74 | 91 | 59 | 30.2% |
| Over 74 | 49 | 27 | 34.2% |
Where MYPOINT Credit Union lends
1 states and 9 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 569 | 349 | 30.8% | 5.74% | #245 |
Frequently asked questions
MYPOINT Credit Union denied 33.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 23rd percentile of home-equity (HELOC) lenders.
The most common reason MYPOINT Credit Union gave in 2025 was "debt-to-income ratio", cited on 45.7% 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 MYPOINT Credit Union originated in 2025 was 5.74%, and its median rate spread over the average prime offer rate was 0.49 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 7% of its applications were for home purchases, 92% for refinancing (including cash-out), and 1% 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.