PARTNERS Federal 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%
14th37.1% deniedPricingmedian rate spread over APOR, weight 30%
70th-0.22 ptsProcesswithdrawn + incomplete share, weight 15%
29th16.6%Closing coststotal loan costs ÷ loan amount, weight 10%
17th4.67% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,879 | 995 | 27.3% | 33.8% | 7.75% | $213M |
| 2024 | 1,785 | 931 | 31.8% | 37.5% | 8.00% | $214M |
| 2025 | 2,236 | 1,160 | 31.0% | 37.1% | 7.00% | $303M |
What PARTNERS Federal 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: 1,304 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 10 investment properties.
Why PARTNERS Federal Credit Union denies applications
Primary reason reported for each of the 693 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at PARTNERS Federal 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 | 163 | 28 | 81.1% |
| $50k – $100k | 561 | 227 | 51.7% |
| $100k – $150k | 590 | 327 | 32.7% |
| $150k – $250k | 565 | 350 | 25.0% |
| Over $250k | 320 | 202 | 16.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 214 | 122 | 26.5% |
| 35–44 | 519 | 291 | 29.9% |
| 45–54 | 592 | 306 | 39.4% |
| 55–64 | 595 | 293 | 41.2% |
| 65–74 | 245 | 114 | 42.8% |
| Over 74 | 61 | 28 | 47.2% |
Where PARTNERS Federal Credit Union lends
6 states and 54 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 1,218 | 606 | 32.8% | 7.00% | #132 |
| California | 1,014 | 553 | 29.0% | 7.00% | #169 |
Frequently asked questions
PARTNERS Federal Credit Union denied 37.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 14th percentile of home-equity (HELOC) lenders.
The most common reason PARTNERS Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 64.4% 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 PARTNERS Federal Credit Union originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was -0.22 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 18% of its applications were for home purchases, 8% for refinancing (including cash-out), and 74% 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.