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 | Spring EqConshohocken, PA | D | 10,656 | 21,601 | 50.8% | 8.88% |
| 2 | Coastal Community BankEverett, WA | C | 8,925 | 15,830 | 2.7% | 9.99% |
| 3 | Bank of AmericaCharlotte, NC | F | 8,921 | 40,190 | 30.8% | 5.99% |
| 4 | U.S. BankCincinnati, OH | D | 6,794 | 32,493 | 31.6% | 6.50% |
| 5 | Figure LendingCharlotte, NC | C | 6,494 | 11,404 | 25.8% | 8.80% |
| 6 | Navy Federal Credit UnionVienna, VA | D | 4,971 | 15,476 | 25.7% | 8.00% |
| 7 | Loandepot.ComIrvine, CA | D | 4,903 | 16,645 | 18.7% | 6.63% |
| 8 | Sofi BankCottonwood Heights, UT | D | 4,382 | 6,803 | 10.1% | 7.79% |
| 9 | SchoolsfirstTustin, CA | A | 4,128 | 19,086 | 10.0% | 6.25% |
| 10 | Nationstar MortgageCoppell, TX | C | 3,765 | 7,812 | 20.5% | 8.38% |
| 11 | Pennymac Loan ServicesWestlake Village, CA | C | 3,717 | 18,754 | 13.5% | 6.50% |
| 12 | Discover BankGreenwood, DE | F | 2,832 | 5,829 | 54.3% | 8.58% |
| 13 | Better MortgageNew York, NY | F | 2,400 | 5,340 | 27.8% | 7.38% |
| 14 | The Loan StoreSan Francisco, CA | B | 2,279 | 12,791 | 11.7% | 6.75% |
| 15 | The Golden 1Sacramento, CA | D | 2,229 | 11,609 | 33.2% | 7.75% |
| 16 | Logix Federal Credit UnionValencia, CA | C | 2,000 | 4,547 | 18.8% | 6.38% |
| 17 | Lakeview Loan ServicingCoral Gables, FL | C | 1,789 | 7,899 | 57.1% | 6.25% |
| 18 | BMO BankChicago, IL | F | 1,789 | 9,453 | 35.1% | 7.63% |
| 19 | JPMorgan Chase BankColumbus, OH | B | 1,746 | 22,048 | 9.7% | 6.13% |
| 20 | Homebridge Financial ServicesIselin, NJ | B | 1,615 | 4,445 | 14.6% | 10.04% |
| 21 | Crosscountry MortgageCleveland, OH | B | 1,612 | 14,753 | 3.6% | 6.75% |
| 22 | Wescom Central Credit UnionPasadena, CA | D | 1,599 | 3,996 | 24.9% | 8.00% |
| 23 | Rocket MortgagePlymouth, MI | C | 1,496 | 58,925 | 17.6% | 6.75% |
| 24 | Third Federal Savings and Loan Association of ClevelandCleveland, OH | C | 1,487 | 4,537 | 35.0% | 6.99% |
| 25 | Broker SolutionsTustin, CA | D | 1,475 | 12,478 | 7.8% | 6.88% |
| 26 | CitibankSioux Falls, SD | B | 1,355 | 11,427 | 11.3% | 5.75% |
| 27 | Alliant Credit UnionChicago, IL | D | 1,282 | 3,204 | 28.1% | 7.75% |
| 28 | PNC BankWilmington, DE | D | 1,253 | 5,448 | 27.7% | 6.75% |
| 29 | Mission LoansColumbus, OH | D | 1,114 | 2,491 | 2.6% | 7.99% |
| 30 | Finance of America ReverseTulsa, OK | C | 1,057 | 3,527 | 9.5% | 8.99% |
| 31 | LendageSan Mateo, CA | B | 1,000 | 1,572 | 13.0% | 10.75% |
| 32 | Patelco Credit UnionDublin, CA | C | 980 | 4,163 | 9.3% | 8.00% |
| 33 | RedwoodSanta Rosa, CA | C | 964 | 4,623 | 17.5% | 8.00% |
| 34 | Tri Counties BankChico, CA | C | 947 | 2,443 | 29.6% | 6.13% |
| 35 | Valley Strong Credit UnionBakersfield, CA | C | 928 | 2,274 | 21.8% | 8.00% |
| 36 | Educational Employees Credit UnionFresno, CA | C | 837 | 2,359 | 50.0% | 6.50% |
| 37 | Guaranteed RateChicago, IL | B | 784 | 12,235 | 5.4% | 6.53% |
| 38 | Credit Union of Southern CaliforniaAnaheim, CA | D | 780 | 1,744 | 31.4% | 3.99% |
| 39 | Zions BancorporationSalt Lake City, UT | B | 778 | 3,122 | 27.9% | 6.25% |
| 40 | Financial Partners Credit UnionDowney, CA | B | 741 | 2,132 | 26.6% | 7.50% |
| 41 | Fremont BankFremont, CA | D | 658 | 3,447 | 29.5% | 8.25% |
| 42 | Morgan Stanley Private BankNew York, NY | A | 656 | 2,649 | 5.2% | 5.80% |
| 43 | Wells Fargo BankCharlotte, NC | B | 637 | 15,826 | 10.8% | 5.75% |
| 44 | Ventura County Credit UnionVentura, CA | A | 542 | 620 | 12.4% | 3.99% |
| 45 | California Credit UnionGlendale, CA | C | 508 | 3,130 | 28.9% | 5.99% |
| 46 | Comerica BankDallas, TX | C | 490 | 2,324 | 39.7% | 5.99% |
| 47 | Pentagon Federal Credit UnionMclean, VA | F | 490 | 2,593 | 38.3% | 7.75% |
| 48 | Valon MortgagePhoenix, AZ | C | 483 | 1,005 | 18.7% | 8.45% |
| 49 | Deephaven MortgageCharlotte, NC | D | 475 | 1,889 | 35.8% | 7.88% |
| 50 | MissionSan Diego, CA | B | 472 | 3,124 | 13.8% | 6.99% |
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.
