Mortgage lender · San Jose, CA · LEI 254900S7X9G17L8QBB81

Premierone Credit Union review: approval odds, rates and grade (2025)

Premierone Credit Union earns a C, in line with the typical performance of home-equity (HELOC) lenders. It turned down 26.3% of the applications it decided on in 2025, which ranks in the 45th percentile for approval odds. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

315Applications2025
65.4%Originatedof applications
26.3%Decision denial ratenational 22.6%
Median ratenational 6.63%
$55MLoan volume1 states

Premierone Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

23.5%Denial rate (all applications)+5.51 pts vs national
26.3%Denial rate (decided applications)+3.74 pts vs national
65.4%Origination rate+7.37 pts vs national
7.0%Withdrawn by applicant
3.8%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$205,000Median loan amount
Median total loan costs
$191kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

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%

45th26.3% denied

Processwithdrawn + incomplete share, weight 15%

61st10.8%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202317911826.8%27.9%$24M
202429615823.3%28.6%$37M
202531520623.5%26.3%$55M

What Premierone 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

Home purchase 34 11% · 5.9% denied
Refinance 7 2% · 42.9% denied
Cash-out refinance 37 12% · 40.5% denied
Other / HELOC 237 75% · 22.8% denied

By loan type

Conventional 315 100% · 23.5% denied

Also: 229 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 13 investment properties.

Who gets approved at Premierone Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k522345.2%
$100k – $150k522838.3%
$150k – $250k947016.7%
Over $250k1078119.8%
Applicant ageApplicationsOriginatedDecision denial rate
35–44473026.8%
45–54976327.3%
55–64926423.8%
65–74332715.6%
Over 74281830.8%

Frequently asked questions

Premierone Credit Union denied 26.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 45th percentile of home-equity (HELOC) lenders.

In 2025, 11% of its applications were for home purchases, 14% for refinancing (including cash-out), and 75% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Premierone Credit Union. Data sources · Methodology