O Bee 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%
67th19.0% deniedPricingmedian rate spread over APOR, weight 30%
16th0.74 ptsProcesswithdrawn + incomplete share, weight 15%
74th8.4%Closing coststotal loan costs ÷ loan amount, weight 10%
37th3.65% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 737 | 461 | 18.6% | 22.4% | 7.75% | $73M |
| 2024 | 790 | 525 | 14.1% | 15.9% | 8.75% | $94M |
| 2025 | 717 | 454 | 17.4% | 19.0% | 8.00% | $90M |
What O Bee 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: 595 home-equity lines, 0 reverse mortgages, 50 manufactured homes, 66 investment properties.
Why O Bee Credit Union denies applications
Primary reason reported for each of the 125 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at O Bee 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 | 42 | 11 | 47.2% |
| $50k – $100k | 159 | 92 | 25.5% |
| $100k – $150k | 205 | 138 | 14.8% |
| $150k – $250k | 176 | 120 | 15.5% |
| Over $250k | 132 | 92 | 13.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 65 | 38 | 26.7% |
| 35–44 | 178 | 109 | 23.6% |
| 45–54 | 179 | 126 | 17.4% |
| 55–64 | 146 | 92 | 18.4% |
| 65–74 | 109 | 67 | 12.8% |
| Over 74 | 37 | 21 | 9.1% |
Where O Bee Credit Union lends
2 states and 3 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Washington | 716 | 454 | 17.3% | 8.00% | #79 |
Frequently asked questions
O Bee Credit Union denied 19.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 67th percentile of home-equity (HELOC) lenders.
The most common reason O Bee Credit Union gave in 2025 was "debt-to-income ratio", cited on 49.6% 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 O Bee Credit Union originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 0.74 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 15% of its applications were for home purchases, 24% for refinancing (including cash-out), and 61% 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.