Open-end home equity lines of credit. Denial rates run far higher on HELOCs than on purchase mortgages, so compare these lenders only with each other.
| # | Lender | Grade | HELOC applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Desert Financial Credit UnionPhoenix, AZ | B | 3,420 | 16,970 | 24.3% | 6.49% |
| 2 | Spring EqConshohocken, PA | D | 2,552 | 4,706 | 47.3% | 8.95% |
| 3 | Coastal Community BankEverett, WA | C | 1,960 | 3,308 | 2.2% | 9.99% |
| 4 | Figure LendingCharlotte, NC | C | 1,802 | 2,748 | 24.0% | 8.80% |
| 5 | Bank of AmericaCharlotte, NC | F | 1,577 | 6,229 | 32.2% | 6.24% |
| 6 | Navy Federal Credit UnionVienna, VA | D | 1,468 | 4,421 | 24.0% | 7.75% |
| 7 | U.S. BankCincinnati, OH | D | 1,447 | 4,149 | 39.3% | 7.60% |
| 8 | OneAZ Credit UnionPhoenix, AZ | D | 1,413 | 4,171 | 27.8% | 7.25% |
| 9 | Pennymac Loan ServicesWestlake Village, CA | C | 1,408 | 5,838 | 11.7% | 6.62% |
| 10 | Arizona Financial Credit UnionPhoenix, AZ | D | 1,403 | 3,698 | 25.3% | 7.25% |
| 11 | Loandepot.ComIrvine, CA | D | 1,374 | 6,180 | 16.1% | 5.99% |
| 12 | Nationstar MortgageCoppell, TX | C | 1,115 | 2,625 | 15.1% | 8.00% |
| 13 | Sofi BankCottonwood Heights, UT | D | 941 | 1,514 | 10.0% | 7.75% |
| 14 | Discover BankGreenwood, DE | F | 926 | 1,791 | 53.6% | 8.62% |
| 15 | Copper State Credit UnionPhoenix, AZ | D | 915 | 1,402 | 22.8% | 6.75% |
| 16 | Vantage WestTuscon, AZ | C | 871 | 2,319 | 24.3% | 7.50% |
| 17 | Zions BancorporationSalt Lake City, UT | B | 785 | 2,388 | 34.2% | 8.00% |
| 18 | JPMorgan Chase BankColumbus, OH | B | 686 | 4,573 | 11.2% | 6.50% |
| 19 | Crosscountry MortgageCleveland, OH | B | 668 | 7,570 | 3.8% | 6.58% |
| 20 | Lakeview Loan ServicingCoral Gables, FL | C | 663 | 2,547 | 50.3% | 6.49% |
| 21 | The Loan StoreSan Francisco, CA | B | 643 | 3,658 | 9.8% | 6.88% |
| 22 | Credit Union WestGlendale, AZ | D | 631 | 1,250 | 26.6% | 7.75% |
| 23 | PNC BankWilmington, DE | D | 582 | 1,811 | 32.0% | 7.99% |
| 24 | BMO BankChicago, IL | F | 525 | 2,130 | 32.5% | 8.23% |
| 25 | Mountain America Federal Credit UnionSandy, UT | D | 521 | 2,248 | 42.8% | 7.38% |
| 26 | Rocket MortgagePlymouth, MI | C | 517 | 17,947 | 15.6% | 6.75% |
| 27 | Better MortgageNew York, NY | F | 502 | 1,183 | 25.4% | 8.25% |
| 28 | TRUWEST Credit UnionTempe, AZ | D | 497 | 1,094 | 25.2% | 8.00% |
| 29 | Hughes Federal Credit UnionTucson, AZ | D | 399 | 692 | 24.4% | 8.50% |
| 30 | LendageSan Mateo, CA | B | 362 | 573 | 11.2% | 10.75% |
| 31 | Broker SolutionsTustin, CA | D | 360 | 3,480 | 7.7% | 6.75% |
| 32 | Homebridge Financial ServicesIselin, NJ | B | 354 | 814 | 12.3% | 10.23% |
| 33 | AMERICA FIRST Federal Credit UnionRiverdale, UT | C | 346 | 1,260 | 24.9% | 7.24% |
| 34 | Alliant Credit UnionChicago, IL | D | 330 | 787 | 28.6% | 8.00% |
| 35 | AERO Federal Credit UnionGlendale, AZ | B | 270 | 408 | 15.7% | 5.95% |
| 36 | Fairway Independent MortgageMadison, WI | B | 261 | 6,729 | 5.6% | 6.63% |
| 37 | PIMA Federal Credit UnionTucson, AZ | C | 243 | 752 | 16.9% | 7.75% |
| 38 | Mission LoansColumbus, OH | D | 222 | 510 | 1.0% | 7.63% |
| 39 | Third Federal Savings and Loan Association of ClevelandCleveland, OH | C | 208 | 514 | 39.7% | 6.99% |
| 40 | Bell BankFargo, ND | A | 187 | 1,632 | 8.5% | 6.75% |
| 41 | Finance of America ReverseTulsa, OK | C | 181 | 517 | 7.5% | 6.50% |
| 42 | Wells Fargo BankCharlotte, NC | B | 171 | 2,032 | 15.2% | 6.38% |
| 43 | Guaranteed RateChicago, IL | B | 167 | 2,727 | 6.6% | 6.58% |
| 44 | Valon MortgagePhoenix, AZ | C | 157 | 321 | 18.4% | 8.10% |
| 45 | SunWest Federal Credit UnionPhoenix, AZ | C | 136 | 210 | 21.4% | — |
| 46 | Mutual of Omaha MortgageSan Diego, CA | C | 131 | 1,303 | 12.1% | 6.38% |
| 47 | BOKFTulsa, OK | D | 120 | 401 | 20.2% | 6.50% |
| 48 | Pentagon Federal Credit UnionMclean, VA | F | 106 | 616 | 31.0% | 7.63% |
| 49 | Bethpage Federal Credit UnionBethpage, NY | C | 85 | 222 | 48.2% | 6.49% |
| 50 | Morgan Stanley Private BankNew York, NY | A | 85 | 319 | 2.2% | 6.00% |
Ordered by the number of applications of this type received in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
