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 | Navy Federal Credit UnionVienna, VA | D | 5,375 | 19,395 | 19.3% | 7.75% |
| 2 | Truist BankCharlotte, NC | C | 3,207 | 11,838 | 31.6% | 6.49% |
| 3 | Pennymac Loan ServicesWestlake Village, CA | C | 2,262 | 8,334 | 10.7% | 6.38% |
| 4 | Atlantic Union BankGlen Allen, VA | C | 2,043 | 4,871 | 24.3% | 7.50% |
| 5 | Coastal Community BankEverett, WA | C | 1,899 | 3,332 | 2.1% | 9.99% |
| 6 | Spring EqConshohocken, PA | D | 1,897 | 3,471 | 49.4% | 9.58% |
| 7 | Bank of AmericaCharlotte, NC | F | 1,504 | 6,584 | 31.9% | 6.24% |
| 8 | Figure LendingCharlotte, NC | C | 1,499 | 2,426 | 21.6% | 8.90% |
| 9 | Loandepot.ComIrvine, CA | D | 1,362 | 3,738 | 21.1% | 6.99% |
| 10 | Virginia Credit UnionNorth Chesterfield, VA | D | 1,321 | 5,365 | 17.8% | 6.24% |
| 11 | LANGLEY Federal Credit UnionNewport News, VA | C | 1,243 | 3,618 | 20.0% | 6.99% |
| 12 | Discover BankGreenwood, DE | F | 1,036 | 2,038 | 52.4% | 8.83% |
| 13 | Nationstar MortgageCoppell, TX | C | 1,022 | 2,539 | 12.1% | 7.99% |
| 14 | Sofi BankCottonwood Heights, UT | D | 957 | 1,663 | 6.9% | 7.74% |
| 15 | PNC BankWilmington, DE | D | 885 | 3,090 | 25.6% | 7.43% |
| 16 | Apple Federal Credit UnionFairfax, VA | D | 724 | 2,014 | 24.9% | 7.49% |
| 17 | Lakeview Loan ServicingCoral Gables, FL | C | 675 | 2,266 | 49.7% | 6.43% |
| 18 | Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit UnionNewport News, VA | C | 631 | 2,358 | 11.8% | 7.49% |
| 19 | Better MortgageNew York, NY | F | 585 | 1,302 | 26.9% | 8.25% |
| 20 | 1st Advantage Federal Credit UnionYorktown, VA | B | 452 | 1,067 | 24.7% | 6.43% |
| 21 | Pentagon Federal Credit UnionMclean, VA | F | 439 | 2,773 | 27.8% | 7.63% |
| 22 | Rocket MortgagePlymouth, MI | C | 437 | 19,274 | 14.8% | 6.63% |
| 23 | Citizens BankProvidence, RI | C | 421 | 1,634 | 24.4% | 7.65% |
| 24 | U.S. BankCincinnati, OH | D | 419 | 1,665 | 29.0% | 6.63% |
| 25 | Broker SolutionsTustin, CA | D | 365 | 2,961 | 10.8% | 6.75% |
| 26 | University of Virginia Community Credit UnionCharlottesville, VA | F | 329 | 1,628 | 19.8% | — |
| 27 | Crosscountry MortgageCleveland, OH | B | 307 | 4,339 | 3.2% | 6.58% |
| 28 | Third Federal Savings and Loan Association of ClevelandCleveland, OH | C | 291 | 954 | 30.3% | 6.99% |
| 29 | Homebridge Financial ServicesIselin, NJ | B | 275 | 683 | 13.9% | 10.04% |
| 30 | Chartway Federal Credit UnionVirginia Beach, VA | B | 252 | 1,028 | 25.7% | 2.99% |
| 31 | Citizens and Farmers BankWest Point, VA | D | 230 | 831 | 26.1% | — |
| 32 | Eastman Credit UnionKingsport, TN | D | 230 | 1,114 | 27.6% | 7.38% |
| 33 | Movement MortgageLancaster, SC | A | 228 | 6,126 | 4.3% | 6.56% |
| 34 | Towne BankPortsmouth, VA | B | 212 | 2,614 | 7.2% | 6.75% |
| 35 | Manufacturers and Traders TrustBuffalo, NY | C | 206 | 1,564 | 28.5% | 5.99% |
| 36 | Call Federal Credit UnionRichmond, VA | C | 205 | 422 | 21.6% | 7.25% |
| 37 | TOWER Federal Credit UnionLaurel, MD | C | 196 | 1,067 | 24.3% | 7.00% |
| 38 | FREEDOM FIRST Federal Credit UnionRoanoke, VA | C | 187 | 933 | 13.4% | 6.75% |
| 39 | Truliant Federal Credit UnionWinston Salem, NC | D | 176 | 657 | 39.9% | 7.25% |
| 40 | HENRICO Federal Credit UnionHenrico, VA | C | 171 | 301 | 19.3% | 6.49% |
| 41 | Guaranteed RateChicago, IL | B | 170 | 3,164 | 4.9% | 6.25% |
| 42 | The Loan StoreSan Francisco, CA | B | 167 | 814 | 11.2% | 6.88% |
| 43 | TD BankWilmington, DE | D | 155 | 894 | 29.3% | 7.44% |
| 44 | ABNB Federal Credit UnionChesapeake, | D | 152 | 777 | 31.3% | 6.37% |
| 45 | Mutual of Omaha MortgageSan Diego, CA | C | 152 | 1,406 | 18.2% | 6.38% |
| 46 | Wells Fargo BankCharlotte, NC | B | 144 | 2,274 | 16.2% | 6.38% |
| 47 | First-Citizens Bank & TrustRaleigh, NC | B | 133 | 1,032 | 21.7% | 6.39% |
| 48 | First BancorpAbingdon, VA | B | 132 | 932 | 4.9% | 7.38% |
| 49 | First BankStrasburg, VA | C | 131 | 488 | 15.6% | — |
| 50 | JPMorgan Chase BankColumbus, OH | B | 130 | 2,186 | 8.4% | 6.49% |
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.
