Our analysis of 2025 HMDA data. Rates are medians on loans actually opened.
Why HELOCs were denied in Everett, WA
First reason lenders gave, share of denials with a reason reported.
Denial rate by debt-to-income
Everett, WA HELOC applications, 2025.
| Debt-to-income | Decisions | Denied |
|---|---|---|
| Under 20% | 288 | 30% |
| 20% to 29% | 874 | 14% |
| 30% to 35% | 894 | 12% |
| 36% to 42% | 1,301 | 16% |
| 43% to 49% | 1,504 | 19% |
| 50% to 60% | 967 | 40% |
| Over 60% | 895 | 98% |
If you were denied a HELOC in Everett, WA
2 of the six major home equity investment providers list Washington as a service area: Point, Splitero. See which could fit you.
Compare a HELOC, home equity loan, cash-out refinance, and home equity investment side by side, with your own approval odds, in the home equity options tool. A HELOC like the typical 2025 loan here would start around 6.87% at today’s prime rate.
State rules: Washington.
Other metro areas in Washington
Seattle, WA (31%) · Bremerton, WA (31%) · Tacoma, WA (34%) · Yakima, WA (43%) · Longview, WA (28%) · Olympia, WA (30%) · All 358 metro areas
Questions
What is the HELOC denial rate in Everett, WA?
Lenders denied 31.2% of the 6,749 HELOC applications they decided in the Everett, WA metro area in 2025, below the national rate of 32.9%, according to federal HMDA data.
Why do HELOCs get denied in Everett, WA?
The most common first reason lenders gave was debt-to-income ratio (50% of denials with a reason reported).
What is a typical HELOC rate in Everett, WA?
The median starting rate on HELOCs opened in the Everett, WA area in 2025 was 7.24%. HELOC rates move with the prime rate, which has changed by -0.37 points since, so a similar loan today would start around 6.87%. Your rate depends on your credit, equity, and lender.
Source: FFIEC / CFPB HMDA data, 2025, second-lien HELOCs and home equity loans with a credit decision, by the metro area HMDA assigns. Metro names: U.S. Census Bureau. Free to use with attribution (CC BY 4.0). Methodology: HELOC denial data.
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