Twinstar 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%
22nd33.6% deniedPricingmedian rate spread over APOR, weight 30%
40th0.26 ptsProcesswithdrawn + incomplete share, weight 15%
34th15.4%Closing coststotal loan costs ÷ loan amount, weight 10%
28th4.05% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,649 | 1,444 | 31.1% | 36.3% | 7.49% | $195M |
| 2024 | 2,276 | 1,183 | 30.5% | 36.3% | 8.50% | $221M |
| 2025 | 2,205 | 1,212 | 28.4% | 33.6% | 7.50% | $214M |
What Twinstar 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: 1,773 home-equity lines, 0 reverse mortgages, 80 manufactured homes, 49 investment properties.
Why Twinstar denies applications
Primary reason reported for each of the 627 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Twinstar
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 243 | 74 | 62.8% |
| $50k – $100k | 776 | 388 | 40.8% |
| $100k – $150k | 575 | 359 | 22.8% |
| $150k – $250k | 419 | 293 | 17.3% |
| Over $250k | 113 | 65 | 28.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 32 | 13 | 43.5% |
| 25–34 | 215 | 114 | 33.3% |
| 35–44 | 491 | 264 | 34.9% |
| 45–54 | 515 | 288 | 33.8% |
| 55–64 | 440 | 241 | 33.3% |
| 65–74 | 317 | 188 | 31.1% |
| Over 74 | 165 | 80 | 37.9% |
Where Twinstar lends
3 states and 52 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Washington | 1,245 | 695 | 28.8% | 7.50% | #54 |
| Oregon | 959 | 517 | 28.0% | 7.50% | #45 |
Frequently asked questions
Twinstar denied 33.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 22nd percentile of home-equity (HELOC) lenders.
The most common reason Twinstar gave in 2025 was "other", cited on 32.1% 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 Twinstar originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 15% of its applications were for home purchases, 16% 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.