Oconee State Bank

Watkinsville, GA

Oconee State Bank processed 323 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 256 loans with a 3.1% denial rate. Home Purchase was the primary loan purpose. Based in Watkinsville, GA. The approval rate of 79.3% 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. Oconee State Bank processed 323 HMDA-reported mortgage applications in 2024, originating 256 loans and denying 10 for a denial rate of 3.1% (applicants themselves withdrew 54 files before a decision). The average loan amount was $278,498. The lender reports under LEI 254900OPB6J0NM26JY33 from Watkinsville, GA.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Oconee State Bank's 79.3% origination rate tells you how often an application turned into funded money; the 3.1% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (315 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.

323
Applications
256
Originated
3.1%
Denial Rate
$278,498
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 315 256 10 $276,492
FHA 5 0 0 $345,000
VA 3 0 0 $378,333

Top loan types — Oconee State Bank

Top loan types — Oconee State Bank Horizontal bar chart of the top 3 items by value (applications). Top loan types — Oconee State Bank Top 3 1. Conventional 315 2. FHA 5 3. VA 3 Top 5 loan types by application volume at Oconee State 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 Oconee State Bank (LEI: 254900OPB6J0NM26JY33) · 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 181 134 $319,033
Other 96 84 $181,458
Refinancing 22 21 $385,000
Cash-out Refinancing 14 9 $387,857
Home Improvement 10 8 $89,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 241 80.5% 3.7%
Asian 17 58.8% 0.0%
Black or African American 10 80.0% 0.0%
Joint 3 66.7% 33.3%
American Indian or Alaska Native 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 261 80.1% 3.5%
Joint 8 75.0% 0.0%
Hispanic or Latino 7 71.4% 0.0%

Nearby Lenders in GA

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Oconee State Bank process?
Oconee State Bank processed 323 mortgage applications in the 2023 HMDA reporting year. Of these, 256 were originated (approved and funded), 54 were withdrawn by the applicant, and 10 were denied.
What is Oconee State Bank's mortgage approval rate?
Oconee State Bank has an approval (origination) rate of 79.3%, meaning 79.3% of all applications resulted in a funded mortgage. The denial rate is 3.1%.
What is the average loan amount at Oconee State Bank?
The average mortgage loan amount at Oconee State Bank is $278,498.
What types of mortgage loans does Oconee State Bank offer?
Oconee State Bank processes Conventional, FHA, VA loans. The most common type is Conventional with 315 applications and an average loan amount of $276,492.
What loan purposes does Oconee State Bank serve?
Oconee State Bank serves the following loan purposes: Home Purchase (181 applications), Other (96 applications), Refinancing (22 applications), Cash-out Refinancing (14 applications), Home Improvement (10 applications). Home Purchase is the most common purpose.
Where is Oconee State Bank located?
Oconee State Bank is headquartered in Watkinsville, GA. The lender is identified by LEI 254900OPB6J0NM26JY33 in HMDA data.
How does Oconee State Bank compare in lending across racial demographics?
Oconee State Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 80.5% and denial rate of 3.7%; Asian applicants have an approval rate of 58.8% and denial rate of 0.0%; Black or African American applicants have an approval rate of 80.0% 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.