Zing 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%
27th32.6% deniedPricingmedian rate spread over APOR, weight 30%
34th0.30 ptsProcesswithdrawn + incomplete share, weight 15%
28th16.8%Closing coststotal loan costs ÷ loan amount, weight 10%
91st0.74% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 248 | 162 | 23.0% | 26.0% | 8.25% | $14M |
| 2024 | 256 | 135 | 35.9% | 40.5% | 8.50% | $12M |
| 2025 | 262 | 144 | 27.1% | 32.6% | 7.50% | $16M |
What Zing 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: 227 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 6 investment properties.
Why Zing Credit Union denies applications
Primary reason reported for each of the 71 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Zing 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 | 30 | 5 | 79.2% |
| $50k – $100k | 87 | 44 | 34.3% |
| $100k – $150k | 61 | 42 | 25.0% |
| $150k – $250k | 56 | 34 | 29.2% |
| Over $250k | 24 | 18 | 5.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 45 | 26 | 25.7% |
| 45–54 | 64 | 38 | 31.6% |
| 55–64 | 80 | 47 | 32.9% |
| 65–74 | 42 | 20 | 39.4% |
Where Zing Credit Union lends
1 states and 17 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Colorado | 262 | 144 | 27.1% | 7.50% | #157 |
Frequently asked questions
Zing Credit Union denied 32.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of home-equity (HELOC) lenders.
The most common reason Zing Credit Union gave in 2025 was "debt-to-income ratio", cited on 47.9% 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 Zing 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, 2% of its applications were for home purchases, 96% for refinancing (including cash-out), and 2% 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.