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 | Gate City BankFargo, ND | C | 506 | 3,106 | 11.3% | 6.65% |
| 2 | First Community Credit UnionJamestown, ND | B | 167 | 675 | 7.1% | 6.49% |
| 3 | CapitalBismarck, ND | C | 162 | 646 | 3.7% | 7.00% |
| 4 | U.S. BankCincinnati, OH | D | 136 | 486 | 30.0% | 7.30% |
| 5 | Bell BankFargo, ND | A | 126 | 806 | 7.7% | 6.99% |
| 6 | Coastal Community BankEverett, WA | C | 118 | 178 | 2.8% | 11.74% |
| 7 | First International Bank & TrustWatford City, ND | B | 107 | 1,112 | 4.0% | 6.63% |
| 8 | Pennymac Loan ServicesWestlake Village, CA | C | 90 | 246 | 15.9% | 6.31% |
| 9 | Figure LendingCharlotte, NC | C | 86 | 123 | 27.6% | 8.50% |
| 10 | BNC National BankGlendale, AZ | A | 76 | 136 | 12.5% | 7.50% |
| 11 | Discover BankGreenwood, DE | F | 66 | 104 | 58.7% | 10.60% |
| 12 | Loandepot.ComIrvine, CA | D | 65 | 243 | 25.9% | 6.49% |
| 13 | Alerus FinancialGrand Forks, ND | B | 64 | 298 | 9.4% | 7.00% |
| 14 | RailwayMandan, ND | C | 56 | 116 | 12.1% | — |
| 15 | Sofi BankCottonwood Heights, UT | D | 47 | 72 | 4.2% | 7.99% |
| 16 | Nationstar MortgageCoppell, TX | C | 42 | 111 | 18.9% | 7.56% |
| 17 | Old National BankEvansville, IN | B | 29 | 189 | 12.7% | 6.50% |
| 18 | Better MortgageNew York, NY | F | 28 | 49 | 32.7% | 8.25% |
| 19 | Broker SolutionsTustin, CA | D | 28 | 203 | 14.8% | 6.88% |
| 20 | Navy Federal Credit UnionVienna, VA | D | 25 | 138 | 18.8% | 6.13% |
| 21 | Bank of AmericaCharlotte, NC | F | 24 | 72 | 29.2% | 6.49% |
| 22 | Rocket MortgagePlymouth, MI | C | 24 | 827 | 21.6% | 6.63% |
| 23 | Bremer BankSt. Paul, MN | B | 23 | 82 | 14.6% | 7.00% |
| 24 | Dakota Community Bank & TrustHebron, ND | B | 21 | 351 | 4.6% | 6.25% |
| 25 | Lakeview Loan ServicingCoral Gables, FL | C | 20 | 99 | 45.5% | 6.50% |
| 26 | Mutual of Omaha MortgageSan Diego, CA | C | 17 | 72 | 19.4% | 6.19% |
| 27 | Kirkwood Bank & TrustBismarck, ND | A | 17 | 138 | 2.2% | — |
| 28 | BMO BankChicago, IL | F | 15 | 66 | 24.2% | 9.32% |
| 29 | Cornerstone BankFargo, ND | B | 13 | 126 | 2.4% | 7.25% |
| 30 | Unison BankJamestown, ND | C | 11 | 108 | 8.3% | — |
| 31 | Starion BankBismarck, ND | B | 11 | 214 | 2.8% | 6.50% |
| 32 | Affinity PlusSaint Paul, MN | C | 10 | 30 | 13.3% | 6.49% |
| 33 | Guaranteed RateChicago, IL | B | 10 | 194 | 9.3% | 6.38% |
| 34 | Homebridge Financial ServicesIselin, NJ | B | 9 | 22 | 27.3% | 8.80% |
| 35 | Valon MortgagePhoenix, AZ | C | 8 | 13 | 23.1% | 9.23% |
| 36 | PNC BankWilmington, DE | D | 8 | 25 | 36.0% | 6.56% |
| 37 | Bravera BankDickinson, ND | A | 8 | 365 | 2.2% | — |
| 38 | Frandsen Bank & TrustLonsdale, MN | B | 7 | 53 | 5.7% | 6.63% |
| 39 | Empeople Credit UnionMoline, IL | C | 7 | 57 | 10.5% | 6.49% |
| 40 | Crosscountry MortgageCleveland, OH | B | 7 | 155 | 4.5% | 6.49% |
| 41 | Border BankFargo, ND | A | 6 | 43 | 7.0% | — |
| 42 | American FinancingAurora, CO | D | 6 | 46 | 50.0% | 6.00% |
| 43 | First United BankPark River, ND | – | 6 | 62 | 3.2% | — |
| 44 | Dacotah BankAberdeen, SD | B | 6 | 125 | 5.6% | 6.63% |
| 45 | Choice Financial GroupFargo, ND | B | 6 | 211 | 4.3% | 6.65% |
| 46 | First Western Bank & TrustMinot, ND | B | 6 | 254 | 2.8% | 6.63% |
| 47 | Colliers MortgageMinneapolis, MN | A | 5 | 5 | 0.0% | 5.50% |
| 48 | Finance of America ReverseTulsa, OK | C | 4 | 6 | 0.0% | 6.41% |
| 49 | Roundpoint Mortgage ServicingFort Mill, SC | B | 4 | 9 | 11.1% | 3.88% |
| 50 | Mission LoansColumbus, OH | D | 4 | 18 | 16.7% | 6.38% |
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.
