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Vantage Credit Union

ST CHARLES, MO

Vantage Credit Union processed 746 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 462 loans with a 31.4% denial rate. Home Improvement was the primary loan purpose. Based in ST CHARLES, MO. The approval rate of 61.9% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Vantage Credit Union's 61.9% origination rate tells you how often an application turned into funded money; the 31.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (746 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.

746
Applications
462
Originated
31.4%
Denial Rate
$113,566
Avg Loan Amount
Avg Interest Rate: 7.913% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 746 462 234 $113,566

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Vantage Credit Union (LEI: 549300E06ZGS1I3URI95) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
140
Debt-to-income ratio
98
Credit history
63
Collateral
30
Credit application incomplete
2
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 288 175 $61,597
Other 250 101 $71,120
Home Purchase 92 91 $360,217
Refinancing 89 69 $113,539
Cash-out Refinancing 27 26 $220,556

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 548 66.6% 27.2%
Black or African American 103 31.1% 59.2%
Asian * 17 76.5% 17.6%
Joint * 16 81.3% 12.5%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 667 61.2% 32.4%
Joint * 11 81.8% 18.2%
Hispanic or Latino * 6 16.7% 66.7%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in MO

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

Mortgage Research Center

Columbia, MO

147,700 apps 73,759 originated 15.9% denied

Nbkc Bank

KANSAS CITY, MO

18,437 apps 7,830 originated 6.9% denied

Flat Branch Mortgage, INC.

COLUMBIA, MO

17,606 apps 13,902 originated 1.5% denied

Das Acquisition Company, LLC

SAINT LOUIS, MO

12,120 apps 7,831 originated 2.1% denied

The Central Trust Bank

JEFFERSON CITY, MO

11,306 apps 7,513 originated 8.9% denied
Compare Vantage Credit Union vs Mortgage Research Center →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Vantage Credit Union process?
Vantage Credit Union processed 746 mortgage applications in the 2024 HMDA reporting year. Of these, 462 were originated (approved and funded), 3 were withdrawn by the applicant, and 234 were denied.
What is Vantage Credit Union's mortgage approval rate?
Vantage Credit Union has an approval (origination) rate of 61.9%, meaning 61.9% of all applications resulted in a funded mortgage. The denial rate is 31.4%.
What is the average loan amount at Vantage Credit Union?
The average mortgage loan amount at Vantage Credit Union is $113,566. The average interest rate is 7.913%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at Vantage Credit Union?
The most common reasons for mortgage denial at Vantage Credit Union are: Other, Debt-to-income ratio, Credit history. In total, 234 applications were denied out of 746 total applications.
What types of mortgage loans does Vantage Credit Union offer?
Vantage Credit Union processes Conventional loans. The most common type is Conventional with 746 applications and an average loan amount of $113,566.
What loan purposes does Vantage Credit Union serve?
Vantage Credit Union serves the following loan purposes: Home Improvement (288 applications), Other (250 applications), Home Purchase (92 applications), Refinancing (89 applications), Cash-out Refinancing (27 applications). Home Improvement is the most common purpose.
Where is Vantage Credit Union located?
Vantage Credit Union is headquartered in ST CHARLES, MO. The lender is identified by LEI 549300E06ZGS1I3URI95 in HMDA data.
How does Vantage Credit Union compare in lending across racial demographics?
Vantage Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 66.6% and denial rate of 27.2%; Black or African American applicants have an approval rate of 31.1% and denial rate of 59.2%; Asian applicants have an approval rate of 76.5% and denial rate of 17.6%. 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.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.