ROCKLAND 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%
50th24.4% deniedPricingmedian rate spread over APOR, weight 30%
14th0.80 ptsProcesswithdrawn + incomplete share, weight 15%
40th14.4%Closing coststotal loan costs ÷ loan amount, weight 10%
67th2.52% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,837 | 1,297 | 13.2% | 15.0% | 6.25% | $257M |
| 2024 | 1,912 | 1,210 | 12.2% | 14.5% | 7.25% | $239M |
| 2025 | 1,266 | 777 | 20.9% | 24.4% | 7.00% | $168M |
What ROCKLAND 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: 760 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 33 investment properties.
Why ROCKLAND Federal Credit Union denies applications
Primary reason reported for each of the 264 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at ROCKLAND 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 | 56 | 12 | 74.0% |
| $50k – $100k | 279 | 135 | 39.3% |
| $100k – $150k | 311 | 205 | 15.2% |
| $150k – $250k | 364 | 273 | 9.2% |
| Over $250k | 184 | 143 | 5.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 127 | 83 | 13.0% |
| 35–44 | 267 | 166 | 23.1% |
| 45–54 | 297 | 185 | 26.3% |
| 55–64 | 354 | 213 | 27.2% |
| 65–74 | 159 | 102 | 19.7% |
| Over 74 | 42 | 17 | 47.1% |
Where ROCKLAND Federal Credit Union lends
4 states and 20 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 1,231 | 761 | 20.6% | 7.00% | #41 |
| Rhode Island | 24 | 11 | 25.0% | 6.63% | #138 |
| New Hampshire | 10 | 5 | 30.0% | 6.50% | #249 |
Frequently asked questions
ROCKLAND Federal Credit Union denied 24.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 50th percentile of home-equity (HELOC) lenders.
The most common reason ROCKLAND Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 61.7% 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 ROCKLAND Federal Credit Union originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 0.80 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 15% of its applications were for home purchases, 33% for refinancing (including cash-out), and 52% 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.