PlainLender

Priority Bank

Ozark, AR

Priority Bank processed 335 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 292 loans with a 0.6% denial rate. Home Purchase was the primary loan purpose. Based in Ozark, AR. The approval rate of 87.2% 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. Priority Bank processed 335 HMDA-reported mortgage applications in 2024, originating 292 loans and denying 2 for a denial rate of 0.6% (applicants themselves withdrew 36 files before a decision). The average loan amount was $262,552 at a 6.515% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300D3IKJ7KU3SH574 from Ozark, AR.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Priority Bank's 87.2% origination rate tells you how often an application turned into funded money; the 0.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (175 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.

335
Applications
292
Originated
0.6%
Denial Rate
$262,552
Avg Loan Amount
Avg Interest Rate: 6.515% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 175 148 2 $261,343
FHA 120 110 0 $277,833
USDA 25 19 0 $191,400
VA 15 15 0 $273,000

Top loan types — Priority Bank

Top loan types — Priority Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — Priority Bank Top 4 1. Conventional 175 2. FHA 120 3. USDA 25 4. VA 15 Top 5 loan types by application volume at Priority 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 Priority Bank (LEI: 549300D3IKJ7KU3SH574) · 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

Collateral
1
Credit history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 297 259 $271,599
Refinancing 22 18 $221,818
Cash-out Refinancing 9 9 $213,889
Other 5 4 $89,000
Home Improvement 2 2 $20,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 280 89.3% 0.7%
Asian 19 57.9% 0.0%
Joint 15 80.0% 0.0%
American Indian or Alaska Native 6 83.3% 0.0%
Black or African American 6 83.3% 0.0%
Native Hawaiian or Other Pacific Islander 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 220 86.8% 0.9%
Hispanic or Latino 99 86.9% 0.0%
Joint 9 88.9% 0.0%

Nearby Lenders in AR

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

BANK OF ENGLAND

ENGLAND, AR

5,645 apps 3,672 originated 5.4% denied

SIMMONS BANK

PINE BLUFF, AR

5,087 apps 3,161 originated 24.0% denied

Centennial Bank

Conway, AR

4,878 apps 2,631 originated 17.7% denied

BANK OZK

LITTLE ROCK, AR

4,543 apps 1,840 originated 34.5% denied

ARKANSAS FEDERAL CREDIT UNION

LITTLE ROCK, AR

4,140 apps 2,432 originated 22.0% denied
Compare Priority Bank vs BANK OF ENGLAND →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did Priority Bank process?
Priority Bank processed 335 mortgage applications in the 2023 HMDA reporting year. Of these, 292 were originated (approved and funded), 36 were withdrawn by the applicant, and 2 were denied.
What is Priority Bank's mortgage approval rate?
Priority Bank has an approval (origination) rate of 87.2%, meaning 87.2% of all applications resulted in a funded mortgage. The denial rate is 0.6%.
What is the average loan amount at Priority Bank?
The average mortgage loan amount at Priority Bank is $262,552. The average interest rate is 6.515%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Priority Bank?
The most common reasons for mortgage denial at Priority Bank are: Collateral, Credit history. In total, 2 applications were denied out of 335 total applications.
What types of mortgage loans does Priority Bank offer?
Priority Bank processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 175 applications and an average loan amount of $261,343.
What loan purposes does Priority Bank serve?
Priority Bank serves the following loan purposes: Home Purchase (297 applications), Refinancing (22 applications), Cash-out Refinancing (9 applications), Other (5 applications), Home Improvement (2 applications). Home Purchase is the most common purpose.
Where is Priority Bank located?
Priority Bank is headquartered in Ozark, AR. The lender is identified by LEI 549300D3IKJ7KU3SH574 in HMDA data.
How does Priority Bank compare in lending across racial demographics?
Priority Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 89.3% and denial rate of 0.7%; Asian applicants have an approval rate of 57.9% and denial rate of 0.0%; Joint 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.

Read our methodology — how this data is sourced, computed, and verified.