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 | Citizens BankProvidence, RI | C | 1,498 | 6,329 | 27.8% | 7.40% |
| 2 | Navigant Credit UnionSmithfield, RI | B | 803 | 2,847 | 16.1% | 6.50% |
| 3 | COASTAL1 Credit UnionPawtucket, RI | B | 440 | 1,931 | 24.3% | 6.75% |
| 4 | Bank of AmericaCharlotte, NC | F | 271 | 1,298 | 39.1% | 6.24% |
| 5 | Spring EqConshohocken, PA | D | 189 | 364 | 53.3% | 9.23% |
| 6 | The Washington Trust Company, of WesterlyWesterly, RI | C | 183 | 1,755 | 21.9% | 6.38% |
| 7 | Westerly CommunityWakefield, RI | C | 175 | 575 | 17.2% | 6.99% |
| 8 | Loandepot.ComIrvine, CA | D | 172 | 684 | 24.4% | 6.88% |
| 9 | Discover BankGreenwood, DE | F | 147 | 281 | 55.5% | 8.97% |
| 10 | Sofi BankCottonwood Heights, UT | D | 138 | 232 | 11.6% | 7.94% |
| 11 | Pennymac Loan ServicesWestlake Village, CA | C | 137 | 557 | 12.4% | 6.50% |
| 12 | Figure LendingCharlotte, NC | C | 132 | 210 | 33.8% | 10.40% |
| 13 | Navy Federal Credit UnionVienna, VA | D | 110 | 526 | 16.7% | 7.34% |
| 14 | Nationstar MortgageCoppell, TX | C | 104 | 283 | 14.5% | 7.49% |
| 15 | BankNewportMiddletown, RI | B | 91 | 1,014 | 19.7% | 6.63% |
| 16 | Better MortgageNew York, NY | F | 85 | 161 | 27.3% | 9.13% |
| 17 | Lakeview Loan ServicingCoral Gables, FL | C | 77 | 248 | 44.4% | 6.50% |
| 18 | BayCoast BankSwansea, MA | A | 60 | 204 | 11.3% | 7.25% |
| 19 | Bank Rhode IslandBoston, MA | C | 58 | 277 | 26.4% | 7.25% |
| 20 | TD BankWilmington, DE | D | 56 | 320 | 33.1% | 7.64% |
| 21 | Centreville BankWest Warwick, RI | B | 45 | 542 | 12.9% | 6.49% |
| 22 | Fall River Five Cents Savings BankFall River, MA | B | 42 | 345 | 9.6% | 6.63% |
| 23 | Rocket MortgagePlymouth, MI | C | 40 | 1,430 | 19.7% | 6.75% |
| 24 | Broker SolutionsTustin, CA | D | 38 | 522 | 6.1% | 6.63% |
| 25 | Homebridge Financial ServicesIselin, NJ | B | 35 | 81 | 12.4% | 10.17% |
| 26 | The People's Credit UnionMiddletown, RI | D | 35 | 260 | 18.5% | 6.75% |
| 27 | U.S. BankCincinnati, OH | D | 34 | 261 | 20.3% | 6.63% |
| 28 | Crosscountry MortgageCleveland, OH | B | 33 | 323 | 7.4% | 6.75% |
| 29 | PNC BankWilmington, DE | D | 29 | 110 | 32.7% | 6.74% |
| 30 | Brookline BankBoston, MA | B | 26 | 192 | 16.2% | 6.75% |
| 31 | HarborOne BankBrockton, MA | C | 22 | 180 | 48.9% | 6.74% |
| 32 | JPMorgan Chase BankColumbus, OH | B | 21 | 242 | 9.5% | 6.38% |
| 33 | Wave Federal Credit UnionWarwick, RI | – | 20 | 37 | 10.8% | 7.75% |
| 34 | CMG MortgageSan Ramon, CA | A | 20 | 992 | 7.6% | 6.63% |
| 35 | Movement MortgageLancaster, SC | A | 19 | 1,308 | 3.6% | 6.63% |
| 36 | DigitalSan Jose, CA | D | 18 | 93 | 26.9% | 7.74% |
| 37 | Mission LoansColumbus, OH | D | 16 | 36 | 5.6% | 7.50% |
| 38 | Morgan Stanley Private BankNew York, NY | A | 16 | 57 | 5.3% | 5.93% |
| 39 | Rockland TrustRockland, MA | C | 16 | 114 | 35.1% | 6.74% |
| 40 | Greenwood Credit UnionWarwick, RI | C | 16 | 499 | 23.5% | 6.75% |
| 41 | Finance of America ReverseTulsa, OK | C | 15 | 51 | 3.9% | 6.13% |
| 42 | Eastern BankBoston, MA | B | 15 | 86 | 36.1% | 6.64% |
| 43 | Mutual of Omaha MortgageSan Diego, CA | C | 15 | 184 | 27.7% | 6.49% |
| 44 | Home Loan Investment BankWarwick, RI | F | 14 | 289 | 8.0% | 6.63% |
| 45 | Coastal Community BankEverett, WA | C | 13 | 20 | 0.0% | 11.62% |
| 46 | RCN CapitalSouth Windsor, CT | D | 13 | 37 | 75.7% | 9.84% |
| 47 | Guaranteed RateChicago, IL | B | 13 | 426 | 5.6% | 6.58% |
| 48 | Valon MortgagePhoenix, AZ | C | 12 | 41 | 17.1% | 10.30% |
| 49 | Webster BankStamford, CT | C | 12 | 206 | 21.4% | 6.79% |
| 50 | Wells Fargo BankCharlotte, NC | B | 11 | 94 | 19.2% | 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.
