LEI 549300XRF9LCZ3RX3Q39 · OSWEGO, IL
SERVBANK
Denial sits in the upper fleet tercile at 28.8% across 1,309 HMDA applications, a stricter underwriting book than most reporters.
Denial tercile vs fleet
SERVBANK posts a 28.8% denial rate, above the fleet's upper tercile (~13.79%) - across 1,309 applications with 148 originations. Leading cited denial reason: debt-to-income ratio. Volume rank is still not origination-share rank.
- #1061
- Origination-share rank of 1,076
- 11.3%
- Origination share
- 148
- Originated
- 28.8%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
1,309 reported applications
Composite lender score
Blends approval accessibility, interest-rate competitiveness, and origination scale — each benchmarked against other significant lenders (1,000+ HMDA applications) — into one comparable 0-100 score. Not a lending recommendation. See methodology for the exact formula.
Where SERVBANK sits by reported originations
2024 CFPB HMDA reporting lenders, bucketed by originated-loan count
148 Top 49% higher than 51% of 4,908 reporting lenders
Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year
Loan types by applications · SERVBANK
Application volume by HMDA loan type in this lender's 2024 book.
Cited denial reasons · SERVBANK
Lender-reported HMDA denial-reason counts (top reasons shown).
Mid-volume reporter. SERVBANK's 11.3% origination rate and 28.8% denial rate sit on a mid-tercile originated book (148 funded; fleet band ~78-310). Approval and denial do not sum to 100% - HMDA also records withdrawals, incompletes, and purchased loans. Most-cited denial codes: Debt-to-income ratio, Credit history, Other. Program weight concentrates in VA (765 applications).
How to read SERVBANK. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.
Lending activity by loan program · SERVBANK
SERVBANK filed most under VA. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| VA | 765 | 79 | 246 | $340,752 |
| FHA | 301 | 32 | 113 | $260,781 |
| Conventional | 243 | 37 | 18 | $383,848 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for SERVBANK (LEI: 549300XRF9LCZ3RX3Q39) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Why borrowers applied
Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Cash-out Refinancing | 914 | 3 | $319,617 |
| Home Purchase | 307 | 130 | $365,195 |
| Refinancing | 75 | 3 | $330,600 |
| Other | 13 | 12 | $261,923 |
Reported outcomes by applicant race
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 747 | 15.1% | 29.6% |
| Black or African American | 224 | 3.1% | 37.5% |
| Asian * | 28 | 25.0% | 32.1% |
| Joint * | 24 | 20.8% | 20.8% |
| American Indian or Alaska Native * | 9 | 11.1% | 33.3% |
| Native Hawaiian or Other Pacific Islander * | 5 | 0.0% | 40.0% |
| 2 or more minority races * | 1 | 0.0% | 0.0% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
Reported outcomes by applicant ethnicity
Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 935 | 12.1% | 32.1% |
| Hispanic or Latino | 120 | 10.8% | 26.7% |
| Joint * | 19 | 21.1% | 31.6% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
Nearby Lenders in IL
Other HMDA-reporting lenders in IL with similar activity. Compare any two side-by-side.
One of 242 other HMDA-reporting lenders in IL, 5 are shown here.
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
Nationwide lenders with similar profiles
Two HMDA peer sets for SERVBANK, both outside IL so the neighborhoods are not state containment (the Nearby list above stays in-state). Peers are drawn from lenders with ≥1,000 applications, the same floor used on approval and denial rankings.
Similar denial rate
Nearest other-state lenders by denial rate (28.8% here).
Similar application volume
Nearest other-state lenders by total applications (1,309 here).
Read with SERVBANK
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For SERVBANK (LEI 549300XRF9LCZ3RX3Q39), from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024). See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.