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 | Coastal Community BankEverett, WA | C | 7,593 | 12,416 | 2.3% | 9.99% |
| 2 | Bank of AmericaCharlotte, NC | F | 6,230 | 23,634 | 37.7% | 6.24% |
| 3 | Spring EqConshohocken, PA | D | 6,097 | 11,190 | 55.9% | 9.20% |
| 4 | Navy Federal Credit UnionVienna, VA | D | 5,235 | 19,452 | 23.2% | 7.59% |
| 5 | Suncoast Credit UnionTampa, FL | C | 4,583 | 12,829 | 19.7% | 7.25% |
| 6 | Truist BankCharlotte, NC | C | 4,360 | 14,140 | 41.5% | 6.60% |
| 7 | Figure LendingCharlotte, NC | C | 4,021 | 6,649 | 30.2% | 8.75% |
| 8 | Pennymac Loan ServicesWestlake Village, CA | C | 3,916 | 19,516 | 14.1% | 6.50% |
| 9 | Discover BankGreenwood, DE | F | 3,416 | 6,879 | 56.1% | 8.62% |
| 10 | Loandepot.ComIrvine, CA | D | 3,314 | 13,189 | 25.2% | 6.50% |
| 11 | Regions BankBirmingham, AL | C | 3,164 | 14,062 | 39.5% | 5.38% |
| 12 | Vystar Credit UnionJacksonville, FL | D | 2,899 | 7,205 | 34.9% | 6.75% |
| 13 | Space Coast Credit UnionMelbourne, FL | C | 2,877 | 12,006 | 30.0% | 5.50% |
| 14 | Third Federal Savings and Loan Association of ClevelandCleveland, OH | C | 2,811 | 8,280 | 38.8% | 6.99% |
| 15 | Sofi BankCottonwood Heights, UT | D | 2,511 | 4,143 | 10.9% | 7.50% |
| 16 | PNC BankWilmington, DE | D | 2,473 | 8,176 | 34.6% | 7.50% |
| 17 | Nationstar MortgageCoppell, TX | C | 2,335 | 5,817 | 17.6% | 7.75% |
| 18 | MidfloridaLakeland, FL | C | 2,280 | 9,125 | 43.4% | 6.38% |
| 19 | Fifth Third BankCincinnati, OH | D | 2,173 | 8,554 | 36.2% | 7.65% |
| 20 | Rocket MortgagePlymouth, MI | C | 1,942 | 46,611 | 21.0% | 6.63% |
| 21 | Crosscountry MortgageCleveland, OH | B | 1,908 | 19,103 | 5.2% | 6.75% |
| 22 | The Loan StoreSan Francisco, CA | B | 1,876 | 7,631 | 16.1% | 7.13% |
| 23 | Lakeview Loan ServicingCoral Gables, FL | C | 1,824 | 8,363 | 56.3% | 6.50% |
| 24 | Better MortgageNew York, NY | F | 1,802 | 3,838 | 31.8% | 7.38% |
| 25 | Homebridge Financial ServicesIselin, NJ | B | 1,500 | 3,426 | 13.4% | 10.35% |
| 26 | Citizens BankProvidence, RI | C | 1,468 | 4,674 | 34.7% | 7.90% |
| 27 | U.S. BankCincinnati, OH | D | 1,458 | 5,227 | 37.9% | 6.75% |
| 28 | Florida Credit UnionGainesville, FL | D | 1,409 | 4,262 | 46.9% | 6.38% |
| 29 | TD BankWilmington, DE | D | 1,352 | 6,487 | 34.5% | 7.50% |
| 30 | Broker SolutionsTustin, CA | D | 1,254 | 10,391 | 10.8% | 6.75% |
| 31 | JPMorgan Chase BankColumbus, OH | B | 1,230 | 11,222 | 14.3% | 6.49% |
| 32 | Fairwinds Credit UnionOrlando, FL | D | 1,184 | 3,285 | 32.3% | 6.80% |
| 33 | TrustCo BankGlenville, NY | B | 1,037 | 2,019 | 27.8% | 5.88% |
| 34 | Achieva Credit UnionDunedin, FL | C | 957 | 2,109 | 26.5% | 7.25% |
| 35 | LendageSan Mateo, CA | B | 878 | 1,372 | 16.3% | 10.75% |
| 36 | GTE Federal Credit UnionTampa, FL | D | 667 | 1,946 | 26.0% | 6.88% |
| 37 | Easy Street CapitalAustin, TX | A | 590 | 590 | 0.0% | 9.90% |
| 38 | Mutual of Omaha MortgageSan Diego, CA | C | 548 | 2,734 | 19.9% | 6.38% |
| 39 | PARTNERS Federal Credit UnionBurbank, CA | C | 546 | 1,218 | 32.8% | 7.00% |
| 40 | Finance of America ReverseTulsa, OK | C | 510 | 1,219 | 13.4% | 6.50% |
| 41 | Wells Fargo BankCharlotte, NC | B | 473 | 5,884 | 21.2% | 6.38% |
| 42 | Alliant Credit UnionChicago, IL | D | 470 | 1,375 | 39.4% | 8.00% |
| 43 | Pentagon Federal Credit UnionMclean, VA | F | 448 | 2,448 | 38.6% | 7.50% |
| 44 | CitibankSioux Falls, SD | B | 427 | 1,766 | 21.0% | 6.25% |
| 45 | Valon MortgagePhoenix, AZ | C | 414 | 796 | 22.2% | 8.70% |
| 46 | BrightStar Credit UnionHollywood, FL | D | 409 | 1,129 | 25.7% | 7.24% |
| 47 | Mission LoansColumbus, OH | D | 395 | 1,086 | 2.7% | 7.75% |
| 48 | Seacoast National BankStuart, FL | D | 383 | 2,651 | 31.0% | 7.25% |
| 49 | Campus USA Credit UnionNewberry, FL | C | 379 | 1,249 | 8.8% | 7.25% |
| 50 | SouthState BankWinter Haven, FL | B | 373 | 4,230 | 21.9% | 6.90% |
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.
