Sesloc 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%
35th30.1% deniedPricingmedian rate spread over APOR, weight 30%
43rd0.24 ptsProcesswithdrawn + incomplete share, weight 15%
51st12.5%Closing coststotal loan costs ÷ loan amount, weight 10%
87th1.35% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 897 | 478 | 38.1% | 38.3% | 8.25% | $104M |
| 2024 | 808 | 427 | 39.6% | 42.4% | 8.50% | $91M |
| 2025 | 802 | 484 | 26.3% | 30.1% | 7.50% | $118M |
What Sesloc 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: 436 home-equity lines, 0 reverse mortgages, 27 manufactured homes, 35 investment properties.
Why Sesloc denies applications
Primary reason reported for each of the 211 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Sesloc
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 42 | 5 | 86.8% |
| $50k – $100k | 159 | 75 | 44.5% |
| $100k – $150k | 207 | 131 | 25.0% |
| $150k – $250k | 259 | 178 | 23.0% |
| Over $250k | 119 | 85 | 15.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 61 | 34 | 34.6% |
| 35–44 | 164 | 93 | 29.7% |
| 45–54 | 197 | 143 | 21.7% |
| 55–64 | 163 | 95 | 34.7% |
| 65–74 | 138 | 78 | 30.7% |
| Over 74 | 68 | 37 | 39.3% |
Where Sesloc lends
2 states and 19 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 800 | 484 | 26.3% | 7.50% | #194 |
Frequently asked questions
Sesloc denied 30.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 35th percentile of home-equity (HELOC) lenders.
The most common reason Sesloc gave in 2025 was "debt-to-income ratio", cited on 42.2% 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 Sesloc originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 10% of its applications were for home purchases, 16% 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.