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 | AMERICA FIRST Federal Credit UnionRiverdale, UT | C | 3,911 | 16,303 | 18.3% | 6.99% |
| 2 | Mountain America Federal Credit UnionSandy, UT | D | 3,051 | 15,401 | 36.5% | 7.24% |
| 3 | GoldenwestOgden, UT | B | 1,097 | 4,794 | 17.6% | 7.50% |
| 4 | CYPRUS Federal Credit UnionWest Jordan, UT | C | 817 | 1,799 | 26.5% | 4.99% |
| 5 | Utah FirstSalt Lake City, UT | C | 755 | 1,595 | 28.9% | 7.50% |
| 6 | Zions BancorporationSalt Lake City, UT | B | 740 | 3,013 | 22.9% | 6.49% |
| 7 | Nationstar MortgageCoppell, TX | C | 664 | 1,304 | 13.6% | 8.50% |
| 8 | Coastal Community BankEverett, WA | C | 604 | 1,129 | 1.9% | 9.99% |
| 9 | Spring EqConshohocken, PA | D | 572 | 1,198 | 49.7% | 9.05% |
| 10 | University First Federal Credit UnionWest Jordan, UT | B | 553 | 1,634 | 20.1% | 4.99% |
| 11 | Pennymac Loan ServicesWestlake Village, CA | C | 464 | 2,132 | 12.7% | 6.38% |
| 12 | Security Service Federal Credit UnionSan Antonio, TX | C | 447 | 870 | 21.4% | 6.99% |
| 13 | Figure LendingCharlotte, NC | C | 416 | 591 | 25.9% | 8.75% |
| 14 | U.S. BankCincinnati, OH | D | 402 | 1,436 | 29.6% | 6.99% |
| 15 | Sofi BankCottonwood Heights, UT | D | 368 | 663 | 9.1% | 7.67% |
| 16 | Deseret First Credit UnionWest Valley City, UT | A | 342 | 960 | 12.7% | 7.50% |
| 17 | Loandepot.ComIrvine, CA | D | 325 | 1,241 | 18.9% | 6.63% |
| 18 | Discover BankGreenwood, DE | F | 289 | 621 | 51.9% | 8.61% |
| 19 | State Bank of Southern UtahCedar City, UT | A | 261 | 797 | 9.5% | 7.50% |
| 20 | Lakeview Loan ServicingCoral Gables, FL | C | 237 | 1,100 | 42.0% | 6.19% |
| 21 | Chartway Federal Credit UnionVirginia Beach, VA | B | 215 | 811 | 27.3% | 2.99% |
| 22 | Better MortgageNew York, NY | F | 194 | 553 | 27.5% | 6.88% |
| 23 | The Loan StoreSan Francisco, CA | B | 188 | 2,524 | 5.4% | 6.49% |
| 24 | Navy Federal Credit UnionVienna, VA | D | 157 | 646 | 20.4% | 7.65% |
| 25 | Bank of AmericaCharlotte, NC | F | 141 | 628 | 32.8% | 5.99% |
| 26 | Broker SolutionsTustin, CA | D | 137 | 1,269 | 8.7% | 6.75% |
| 27 | Utah Power Federally Insured State-Chartered Credit UnionSalt Lake City, UT | B | 136 | 264 | 1.9% | 6.50% |
| 28 | American United Federal Credit UnionWest Jordan, UT | F | 135 | 205 | 37.6% | 7.50% |
| 29 | Rocket MortgagePlymouth, MI | C | 117 | 6,276 | 14.6% | 6.63% |
| 30 | JPMorgan Chase BankColumbus, OH | B | 105 | 818 | 10.9% | 6.38% |
| 31 | Alliant Credit UnionChicago, IL | D | 97 | 297 | 23.9% | 7.75% |
| 32 | PNC BankWilmington, DE | D | 93 | 320 | 31.3% | 6.38% |
| 33 | Bank of UtahOgden, UT | A | 90 | 884 | 1.5% | 6.38% |
| 34 | Crosscountry MortgageCleveland, OH | B | 80 | 1,088 | 2.9% | 6.63% |
| 35 | Granite Federal Credit UnionMillcreek, UT | D | 75 | 454 | 16.5% | 6.13% |
| 36 | Homebridge Financial ServicesIselin, NJ | B | 74 | 155 | 12.9% | 10.10% |
| 37 | KeyBankCleveland, OH | C | 72 | 311 | 28.6% | 6.75% |
| 38 | American FinancingAurora, CO | D | 64 | 427 | 44.0% | 6.50% |
| 39 | Mission LoansColumbus, OH | D | 55 | 127 | 0.8% | 8.38% |
| 40 | Wells Fargo BankCharlotte, NC | B | 53 | 429 | 19.1% | 6.13% |
| 41 | Morgan Stanley Private BankNew York, NY | A | 52 | 177 | 5.1% | 5.84% |
| 42 | Finance of America ReverseTulsa, OK | C | 51 | 206 | 10.7% | 6.38% |
| 43 | AscentOgden, UT | B | 40 | 137 | 11.7% | 6.75% |
| 44 | Glacier BankKalispell, MT | D | 39 | 541 | 19.8% | 6.88% |
| 45 | Guaranteed RateChicago, IL | B | 34 | 703 | 8.7% | 6.50% |
| 46 | Longbridge FinancialMahwah, NJ | F | 33 | 254 | 7.5% | 6.00% |
| 47 | Mutual of Omaha MortgageSan Diego, CA | C | 33 | 313 | 12.5% | 6.13% |
| 48 | Deephaven MortgageCharlotte, NC | D | 28 | 138 | 23.9% | 7.50% |
| 49 | Fairway Independent MortgageMadison, WI | B | 28 | 1,304 | 2.7% | 6.63% |
| 50 | BMO BankChicago, IL | F | 26 | 171 | 26.3% | 6.88% |
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.
