Mortgage lender · San Diego, CA · LEI 549300E51HYVR7T2SU19

San Diego County Credit Union review: approval odds, rates and grade (2025)

San Diego County Credit Union earns an F, in the bottom tier of home-equity (HELOC) lenders. It turned down 37.4% of the applications it decided on in 2025, which ranks in the 14th percentile for approval odds. Its median loan was priced 1.79 points above the average prime offer rate, ranking in the 3rd percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

940Applications2025
47.9%Originatedof applications
37.4%Decision denial ratenational 22.6%
8.50%Median ratenational 6.63%
$92MLoan volume1 states

San Diego County Credit Union at a glance, 2025

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

29.2%Denial rate (all applications)+11.17 pts vs national
37.4%Denial rate (decided applications)+14.79 pts vs national
47.9%Origination rate-10.16 pts vs national
18.3%Withdrawn by applicant
3.7%Closed for incompleteness
8.50%Median interest rate+1.88 pts vs national
1.79Median rate spread (pts over APOR)+1.54 pts vs national
$105,000Median loan amount
$954Median total loan costs
$146kMedian applicant income
47%Median loan-to-value
0High-cost (HOEPA) loans

How the F 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%

14th37.4% denied

Pricingmedian rate spread over APOR, weight 30%

3rd1.79 pts

Processwithdrawn + incomplete share, weight 15%

10th22.0%

Closing coststotal loan costs ÷ loan amount, weight 10%

90th0.91% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,77987435.4%41.5%8.13%$97M
20241,15656932.4%39.2%8.13%$74M
202594045029.2%37.4%8.50%$92M

What San Diego County 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 62 7% · 11.3% denied
Refinance 181 19% · 26.5% denied
Cash-out refinance 37 4% · 13.5% denied
Home improvement 482 51% · 30.7% denied
Other / HELOC 178 19% · 37.1% denied

By loan type

Conventional 940 100% · 29.2% denied

Also: 487 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 9 investment properties.

Why San Diego County Credit Union denies applications

Primary reason reported for each of the 274 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 109 40%
Credit history 94 34%
Collateral 35 13%
Other 25 9%
Unverifiable information 6 2%
Employment history 5 2%

How these reasons compare nationally →

Who gets approved at San Diego County Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k55880.0%
$50k – $100k2117253.7%
$100k – $150k21210937.1%
$150k – $250k28015827.5%
Over $250k1699917.9%
Applicant ageApplicationsOriginatedDecision denial rate
25–34412329.4%
35–441376141.1%
45–5423011738.5%
55–6424913135.2%
65–741828136.2%
Over 74983641.8%

Where San Diego County Credit Union lends

1 states and 14 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California94045029.2%8.50%#179

Frequently asked questions

San Diego County Credit Union denied 37.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 14th percentile of home-equity (HELOC) lenders.

The most common reason San Diego County Credit Union gave in 2025 was "debt-to-income ratio", cited on 39.8% 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 San Diego County Credit Union originated in 2025 was 8.50%, and its median rate spread over the average prime offer rate was 1.79 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 7% of its applications were for home purchases, 23% for refinancing (including cash-out), and 70% 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 San Diego County Credit Union. Data sources · Methodology