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 | 2,895 | 4,874 | 2.4% | 10.49% |
| 2 | U.S. BankCincinnati, OH | D | 2,892 | 10,076 | 38.3% | 7.00% |
| 3 | BMO BankChicago, IL | F | 2,027 | 8,007 | 32.7% | 8.33% |
| 4 | Figure LendingCharlotte, NC | C | 1,867 | 2,877 | 24.1% | 8.90% |
| 5 | Fifth Third BankCincinnati, OH | D | 1,844 | 8,628 | 32.1% | 7.50% |
| 6 | PNC BankWilmington, DE | D | 1,838 | 6,796 | 26.7% | 7.25% |
| 7 | Spring EqConshohocken, PA | D | 1,799 | 3,079 | 49.3% | 9.65% |
| 8 | Discover BankGreenwood, DE | F | 1,616 | 3,120 | 53.2% | 8.87% |
| 9 | Bank of AmericaCharlotte, NC | F | 1,495 | 6,817 | 33.5% | 5.99% |
| 10 | The Huntington National BankColumbus, OH | D | 1,423 | 8,226 | 31.9% | 6.99% |
| 11 | Sofi BankCottonwood Heights, UT | D | 1,336 | 2,257 | 7.4% | 7.79% |
| 12 | Loandepot.ComIrvine, CA | D | 1,288 | 7,019 | 17.7% | 6.88% |
| 13 | Nationstar MortgageCoppell, TX | C | 1,170 | 2,970 | 15.1% | 7.88% |
| 14 | Citizens Equity FirstPeoria, IL | B | 985 | 4,229 | 10.6% | 7.25% |
| 15 | Old National BankEvansville, IN | B | 955 | 3,859 | 26.8% | 6.25% |
| 16 | Navy Federal Credit UnionVienna, VA | D | 923 | 3,739 | 25.9% | 7.34% |
| 17 | JPMorgan Chase BankColumbus, OH | B | 908 | 13,574 | 9.7% | 6.49% |
| 18 | Pennymac Loan ServicesWestlake Village, CA | C | 856 | 5,192 | 12.6% | 6.49% |
| 19 | Guaranteed RateChicago, IL | B | 787 | 17,479 | 4.9% | 6.63% |
| 20 | First American BankElk Grove Village, IL | C | 760 | 3,511 | 28.3% | 7.00% |
| 21 | Crosscountry MortgageCleveland, OH | B | 732 | 8,779 | 4.5% | 6.75% |
| 22 | Broker SolutionsTustin, CA | D | 692 | 6,886 | 8.3% | 6.88% |
| 23 | Better MortgageNew York, NY | F | 671 | 1,640 | 26.1% | 7.75% |
| 24 | Regions BankBirmingham, AL | C | 653 | 2,543 | 38.2% | 4.99% |
| 25 | LendageSan Mateo, CA | B | 591 | 947 | 12.4% | 11.25% |
| 26 | Old Second National BankAurora, IL | B | 548 | 1,351 | 9.8% | 7.25% |
| 27 | Rocket MortgagePlymouth, MI | C | 538 | 16,971 | 19.7% | 6.75% |
| 28 | Lakeview Loan ServicingCoral Gables, FL | C | 525 | 2,288 | 54.4% | 6.63% |
| 29 | Baxter Credit UnionVernon Hills, IL | B | 511 | 1,497 | 17.8% | 7.25% |
| 30 | Midland States BankEffingham, IL | C | 509 | 1,396 | 24.7% | 6.50% |
| 31 | CitibankSioux Falls, SD | B | 495 | 2,632 | 16.2% | 6.25% |
| 32 | Consumers Cooperative Credit UnionGurnee, IL | A | 468 | 2,525 | 8.4% | 6.74% |
| 33 | Third Federal Savings and Loan Association of ClevelandCleveland, OH | C | 394 | 1,013 | 33.4% | 6.99% |
| 34 | Numark Credit UnionJoliet, IL | C | 367 | 958 | 18.8% | 7.38% |
| 35 | GREENSTATE Credit UnionNorth Liberty, IA | B | 315 | 5,658 | 7.1% | 6.75% |
| 36 | Associated BankGreen Bay, WI | B | 312 | 1,758 | 28.7% | 6.88% |
| 37 | Morton Community BankMorton, IL | B | 271 | 1,718 | 10.8% | 7.00% |
| 38 | United Community BankChatham, IL | C | 254 | 1,702 | 9.1% | 6.75% |
| 39 | Citizens BankProvidence, RI | C | 245 | 832 | 29.8% | 7.40% |
| 40 | DuPage Credit UnionNaperville, IL | C | 243 | 984 | 28.3% | 7.50% |
| 41 | Heartland Bank and TrustBloomington, IL | D | 243 | 1,251 | 16.1% | 7.25% |
| 42 | Great Lakes Credit UnionBannockburn, IL | F | 240 | 601 | 34.1% | 8.50% |
| 43 | Members Alliance Credit UnionLoves Park, IL | C | 235 | 521 | 8.8% | 6.25% |
| 44 | Mutual of Omaha MortgageSan Diego, CA | C | 221 | 1,930 | 13.0% | 6.63% |
| 45 | Scott Credit UnionEdwardsville, IL | C | 212 | 1,133 | 20.9% | 6.63% |
| 46 | RCN CapitalSouth Windsor, CT | D | 200 | 587 | 54.5% | 8.10% |
| 47 | First Mid Bank & TrustMattoon, IL | C | 197 | 1,879 | 20.2% | 6.88% |
| 48 | Busey BankChampaign, IL | C | 194 | 1,678 | 11.6% | 7.25% |
| 49 | Homebridge Financial ServicesIselin, NJ | B | 182 | 365 | 17.0% | 10.54% |
| 50 | Mission LoansColumbus, OH | D | 171 | 479 | 3.3% | 7.50% |
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.
