BankORION
Orion, IL
BankORION processed 260 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 231 loans with a 5.4% denial rate. Home Purchase was the primary loan purpose. Based in Orion, IL. The approval rate of 88.8% 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. BankORION processed 260 HMDA-reported mortgage applications in 2024, originating 231 loans and denying 14 for a denial rate of 5.4% (applicants themselves withdrew 6 files before a decision). The average loan amount was $210,192. The lender reports under LEI 2138009TTY1M4OJRXV14 from Orion, IL.
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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. BankORION's 88.8% origination rate tells you how often an application turned into funded money; the 5.4% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (260 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.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 260 | 231 | 14 | $210,192 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for BankORION (LEI: 2138009TTY1M4OJRXV14) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 168 | 150 | $203,333 |
| Home Improvement | 39 | 37 | $101,410 |
| Refinancing | 33 | 28 | $424,697 |
| Other | 17 | 14 | $132,647 |
| Cash-out Refinancing | 3 | 2 | $88,333 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 138 | 87.0% | 5.8% |
| Asian | 5 | 100.0% | 0.0% |
| Black or African American | 5 | 60.0% | 40.0% |
| Joint | 1 | 100.0% | 0.0% |
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 | 133 | 87.2% | 5.3% |
| Hispanic or Latino | 9 | 77.8% | 22.2% |
| Joint | 4 | 100.0% | 0.0% |
Nearby Lenders in IL
Other HMDA-reporting lenders in IL with similar activity. Compare any two side-by-side.
GUARANTEED RATE, INC.
CHICAGO, IL
BMO Harris Bank NA
Chicago, IL
Mutual of Omaha Mortgage
Lombard, IL
GUARANTEED RATE AFFINITY, LLC
CHICAGO, IL
THE FEDERAL SAVINGS BANK
CHICAGO, IL
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Frequently Asked Questions
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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.
Read our methodology — how this data is sourced, computed, and verified.