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 | U.S. BankCincinnati, OH | D | 2,358 | 8,624 | 30.4% | 7.88% |
| 2 | Affinity PlusSaint Paul, MN | C | 1,843 | 5,438 | 14.6% | 6.63% |
| 3 | Trustone Financial Credit UnionPlymouth, MN | C | 1,484 | 6,066 | 20.0% | 7.25% |
| 4 | Blaze Credit UnionFalcon Heights, MN | B | 1,086 | 4,074 | 12.3% | 6.38% |
| 5 | Wings Financial Credit UnionApple Valley, MN | A | 1,046 | 3,960 | 16.4% | 7.25% |
| 6 | Coastal Community BankEverett, WA | C | 1,030 | 1,689 | 1.7% | 10.49% |
| 7 | Spring EqConshohocken, PA | D | 786 | 1,384 | 54.5% | 8.94% |
| 8 | Figure LendingCharlotte, NC | C | 752 | 1,119 | 25.7% | 8.75% |
| 9 | The Huntington National BankColumbus, OH | D | 682 | 3,033 | 27.6% | 7.25% |
| 10 | Sofi BankCottonwood Heights, UT | D | 555 | 1,000 | 8.3% | 7.62% |
| 11 | Old National BankEvansville, IN | B | 525 | 2,617 | 14.4% | 6.38% |
| 12 | Bell BankFargo, ND | A | 521 | 7,987 | 5.3% | 6.63% |
| 13 | Discover BankGreenwood, DE | F | 500 | 977 | 48.0% | 9.10% |
| 14 | Loandepot.ComIrvine, CA | D | 482 | 2,104 | 17.6% | 6.75% |
| 15 | Nationstar MortgageCoppell, TX | C | 467 | 1,158 | 13.2% | 8.25% |
| 16 | IDEAL Credit UnionWoodbury, MN | A | 448 | 957 | 20.4% | 4.49% |
| 17 | Royal Credit UnionEau Claire, WI | B | 299 | 2,342 | 11.0% | 6.75% |
| 18 | Topline Financial Credit UnionMaple Grove, MN | A | 292 | 979 | 17.0% | 5.99% |
| 19 | BMO BankChicago, IL | F | 285 | 1,046 | 34.2% | 8.48% |
| 20 | Bank of AmericaCharlotte, NC | F | 265 | 1,212 | 29.1% | 6.00% |
| 21 | Navy Federal Credit UnionVienna, VA | D | 218 | 964 | 17.6% | 6.63% |
| 22 | Alerus FinancialGrand Forks, ND | B | 213 | 1,815 | 5.5% | 6.63% |
| 23 | Deerwood BankBaxter, | A | 192 | 1,074 | 4.8% | 7.25% |
| 24 | Rocket MortgagePlymouth, MI | C | 191 | 7,630 | 16.3% | 6.63% |
| 25 | Better MortgageNew York, NY | F | 182 | 464 | 28.7% | 7.13% |
| 26 | Crosscountry MortgageCleveland, OH | B | 180 | 3,942 | 2.1% | 6.63% |
| 27 | Think Mutual BankRochester, MN | C | 179 | 995 | 9.4% | 6.69% |
| 28 | Veridian Credit UnionWaterloo, IA | B | 175 | 605 | 10.1% | 6.74% |
| 29 | Associated BankGreen Bay, WI | B | 164 | 898 | 27.1% | 6.75% |
| 30 | Broker SolutionsTustin, CA | D | 164 | 3,246 | 5.5% | 6.75% |
| 31 | Members Cooperative Credit UnionDuluth, MN | D | 163 | 799 | 15.9% | 7.50% |
| 32 | Magnifi Financial Credit UnionMelrose, MN | B | 160 | 1,377 | 10.4% | 6.25% |
| 33 | Bremer BankSt. Paul, MN | B | 155 | 512 | 13.1% | 7.38% |
| 34 | Merchants BankWinona, MN | A | 140 | 1,435 | 5.1% | 6.25% |
| 35 | Frandsen Bank & TrustLonsdale, MN | B | 136 | 1,232 | 6.3% | 6.75% |
| 36 | Minnco Credit UnionCambridge, MN | F | 131 | 434 | 18.2% | 7.00% |
| 37 | Citizens BankProvidence, RI | C | 130 | 332 | 29.5% | 7.90% |
| 38 | Baxter Credit UnionVernon Hills, IL | B | 130 | 731 | 9.2% | 6.88% |
| 39 | MidWestOne BankIowa City, IA | A | 129 | 341 | 22.3% | 5.99% |
| 40 | Gate City BankFargo, ND | C | 122 | 810 | 11.2% | 6.75% |
| 41 | Wells Fargo BankCharlotte, NC | B | 121 | 2,449 | 13.0% | 6.38% |
| 42 | ALTRA Federal Credit UnionOnalaska, WI | B | 118 | 738 | 6.5% | 6.60% |
| 43 | CENTRICITY Credit UnionHermantown, MN | C | 108 | 310 | 6.5% | 6.74% |
| 44 | Highland BankSaint Paul, MN | C | 107 | 473 | 14.2% | — |
| 45 | Associated Healthcare Credit UnionSaint Paul, MN | B | 96 | 132 | 3.8% | 6.75% |
| 46 | Mayo Employees Federal Credit UnionRochester, MN | C | 95 | 341 | 16.4% | 6.59% |
| 47 | PNC BankWilmington, DE | D | 92 | 333 | 27.6% | 6.50% |
| 48 | First Alliance Credit UnionStewartville, MN | D | 89 | 451 | 35.0% | 7.00% |
| 49 | City-County Credit UnionSaint Paul, MN | D | 84 | 335 | 17.9% | 7.00% |
| 50 | Guaranteed RateChicago, IL | B | 81 | 2,417 | 5.5% | 6.58% |
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.
