Sharonview 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 D 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%
3rd50.3% deniedPricingmedian rate spread over APOR, weight 30%
34th0.30 ptsProcesswithdrawn + incomplete share, weight 15%
98th1.0%Closing coststotal loan costs ÷ loan amount, weight 10%
18th4.62% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,288 | 505 | 49.8% | 51.0% | 8.25% | $79M |
| 2024 | 1,295 | 536 | 50.6% | 52.9% | 8.50% | $61M |
| 2025 | 1,090 | 471 | 49.8% | 50.3% | 7.50% | $61M |
What Sharonview 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: 1,083 home-equity lines, 0 reverse mortgages, 7 manufactured homes, 1 investment properties.
Why Sharonview Federal Credit Union denies applications
Primary reason reported for each of the 543 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Sharonview 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 | 177 | 32 | 77.1% |
| $50k – $100k | 414 | 159 | 55.7% |
| $100k – $150k | 237 | 132 | 36.9% |
| $150k – $250k | 163 | 99 | 32.1% |
| Over $250k | 72 | 35 | 42.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 87 | 36 | 54.2% |
| 35–44 | 254 | 124 | 42.6% |
| 45–54 | 346 | 152 | 51.6% |
| 55–64 | 209 | 92 | 50.0% |
| 65–74 | 128 | 42 | 58.7% |
| Over 74 | 58 | 19 | 56.9% |
Where Sharonview Federal Credit Union lends
14 states and 113 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Carolina | 675 | 292 | 50.2% | 7.50% | #115 |
| South Carolina | 352 | 153 | 49.4% | 7.50% | #125 |
| New Jersey | 29 | 12 | 44.8% | 7.50% | #409 |
| Georgia | 8 | 6 | 25.0% | 8.13% | #698 |
| Florida | 7 | 4 | 14.3% | 7.25% | #993 |
| Pennsylvania | 6 | 2 | 50.0% | 7.38% | #770 |
Frequently asked questions
Sharonview Federal Credit Union denied 50.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of home-equity (HELOC) lenders.
The most common reason Sharonview Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 33.0% 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 Sharonview Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.30 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 0% of its applications were for home purchases, 12% for refinancing (including cash-out), and 88% 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.