Oak View National Bank

Marshall, VA

Oak View National Bank processed 43 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 42 loans with a 0.0% denial rate. Home Purchase was the primary loan purpose. Based in Marshall, VA. The approval rate of 97.7% 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. Oak View National Bank processed 43 HMDA-reported mortgage applications in 2024, originating 42 loans and denying 0 for a denial rate of 0.0% (applicants themselves withdrew 1 files before a decision). The average loan amount was $289,884. The lender reports under LEI 549300WO6ELYQQWFMD71 from Marshall, VA.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Oak View National Bank's 97.7% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (43 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.

43
Applications
42
Originated
0.0%
Denial Rate
$289,884
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 43 42 0 $289,884

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Oak View National Bank (LEI: 549300WO6ELYQQWFMD71) · 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 24 24 $345,833
Cash-out Refinancing 10 10 $245,000
Home Improvement 6 5 $90,000
Refinancing 3 3 $391,667

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 31 96.8% 0.0%
Asian 2 100.0% 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 32 96.9% 0.0%
Hispanic or Latino 1 100.0% 0.0%

Nearby Lenders in VA

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Oak View National Bank process?
Oak View National Bank processed 43 mortgage applications in the 2023 HMDA reporting year. Of these, 42 were originated (approved and funded), 1 were withdrawn by the applicant, and 0 were denied.
What is Oak View National Bank's mortgage approval rate?
Oak View National Bank has an approval (origination) rate of 97.7%, meaning 97.7% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Oak View National Bank?
The average mortgage loan amount at Oak View National Bank is $289,884.
What types of mortgage loans does Oak View National Bank offer?
Oak View National Bank processes Conventional loans. The most common type is Conventional with 43 applications and an average loan amount of $289,884.
What loan purposes does Oak View National Bank serve?
Oak View National Bank serves the following loan purposes: Home Purchase (24 applications), Cash-out Refinancing (10 applications), Home Improvement (6 applications), Refinancing (3 applications). Home Purchase is the most common purpose.
Where is Oak View National Bank located?
Oak View National Bank is headquartered in Marshall, VA. The lender is identified by LEI 549300WO6ELYQQWFMD71 in HMDA data.
How does Oak View National Bank compare in lending across racial demographics?
Oak View National Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 96.8% and denial rate of 0.0%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.