ARVEST BANK

TULSA, OK

ARVEST BANK processed 20,066 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 12,946 loans with a 16.2% denial rate. Home Purchase was the primary loan purpose. Based in TULSA, OK. The approval rate of 64.5% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. ARVEST BANK processed 20,066 HMDA-reported mortgage applications in 2024, originating 12,946 loans and denying 3,257 for a denial rate of 16.2% (applicants themselves withdrew 2,961 files before a decision). The average loan amount was $218,617 at a 7.681% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI COINQMNIM6RBU631DD85 from TULSA, OK.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. ARVEST BANK's 64.5% origination rate tells you how often an application turned into funded money; the 16.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (17,600 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

20,066
Applications
12,946
Originated
16.2%
Denial Rate
$218,617
Avg Loan Amount
Avg Interest Rate: 7.681% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 17,600 11,348 3,007 $217,735
FHA 1,731 1,112 198 $213,839
VA 524 348 32 $286,393
USDA 211 138 20 $163,009

Top loan types — ARVEST BANK

Top loan types — ARVEST BANK Horizontal bar chart of the top 4 items by value (applications). Top loan types — ARVEST BANK Top 4 1. Conventional 17,600 2. FHA 1,731 3. VA 524 4. USDA 211 Top 5 loan types by application volume at ARVEST BANK (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for ARVEST BANK (LEI: COINQMNIM6RBU631DD85) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
1,575
Credit history
1,385
Collateral
665
Other
210
Unverifiable information
167
Employment history
128
Credit application incomplete
27

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 9,109 6,651 $313,822
Home Improvement 3,616 2,251 $90,567
Other 3,268 1,786 $85,774
Refinancing 2,199 1,362 $234,814
Cash-out Refinancing 1,873 896 $215,678

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 14,068 64.1% 16.7%
Black or African American 673 50.1% 29.1%
Asian 548 54.4% 15.7%
Joint 475 68.8% 12.8%
American Indian or Alaska Native 302 53.6% 26.5%
Native Hawaiian or Other Pacific Islander 45 26.7% 46.7%
2 or more minority races 14 42.9% 42.9%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 13,876 64.4% 16.0%
Hispanic or Latino 2,125 53.2% 26.2%
Joint 316 65.5% 16.5%

Nearby Lenders in OK

Other HMDA-reporting lenders in OK with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did ARVEST BANK process?
ARVEST BANK processed 20,066 mortgage applications in the 2023 HMDA reporting year. Of these, 12,946 were originated (approved and funded), 2,961 were withdrawn by the applicant, and 3,257 were denied.
What is ARVEST BANK's mortgage approval rate?
ARVEST BANK has an approval (origination) rate of 64.5%, meaning 64.5% of all applications resulted in a funded mortgage. The denial rate is 16.2%.
What is the average loan amount at ARVEST BANK?
The average mortgage loan amount at ARVEST BANK is $218,617. The average interest rate is 7.681%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at ARVEST BANK?
The most common reasons for mortgage denial at ARVEST BANK are: Debt-to-income ratio, Credit history, Collateral. In total, 3,257 applications were denied out of 20,066 total applications.
What types of mortgage loans does ARVEST BANK offer?
ARVEST BANK processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 17,600 applications and an average loan amount of $217,735.
What loan purposes does ARVEST BANK serve?
ARVEST BANK serves the following loan purposes: Home Purchase (9,109 applications), Home Improvement (3,616 applications), Other (3,268 applications), Refinancing (2,199 applications), Cash-out Refinancing (1,873 applications). Home Purchase is the most common purpose.
Where is ARVEST BANK located?
ARVEST BANK is headquartered in TULSA, OK. The lender is identified by LEI COINQMNIM6RBU631DD85 in HMDA data.
How does ARVEST BANK compare in lending across racial demographics?
ARVEST BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.1% and denial rate of 16.7%; Black or African American applicants have an approval rate of 50.1% and denial rate of 29.1%; Asian applicants have an approval rate of 54.4% and denial rate of 15.7%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.