Vision Bank

Ada, OK

Vision Bank processed 307 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 223 loans with a 13.7% denial rate. Home Purchase was the primary loan purpose. Based in Ada, OK. The approval rate of 72.6% 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. Vision Bank processed 307 HMDA-reported mortgage applications in 2024, originating 223 loans and denying 42 for a denial rate of 13.7% (applicants themselves withdrew 41 files before a decision). The average loan amount was $234,642 at a 7.893% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300SNAY3J7NZEU618 from Ada, OK.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Vision Bank's 72.6% origination rate tells you how often an application turned into funded money; the 13.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Employment history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (299 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.

307
Applications
223
Originated
13.7%
Denial Rate
$234,642
Avg Loan Amount
Avg Interest Rate: 7.893% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 299 222 40 $233,896
VA 3 0 1 $355,000
FHA 3 0 1 $198,333
USDA 2 1 0 $220,000

Top loan types — Vision Bank

Top loan types — Vision Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — Vision Bank Top 4 1. Conventional 299 2. VA 3 3. FHA 3 4. USDA 2 Top 5 loan types by application volume at Vision 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 Vision Bank (LEI: 549300SNAY3J7NZEU618) · 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

Debt-to-income ratio
33
Credit history
19
Employment history
1
Collateral
1
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 195 153 $269,256
Refinancing 69 40 $215,145
Home Improvement 29 21 $87,069
Other 14 9 $154,286

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 186 65.0% 19.4%
Joint 25 80.0% 4.0%
American Indian or Alaska Native 10 50.0% 30.0%
Black or African American 3 100.0% 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 210 67.6% 16.2%
Hispanic or Latino 12 75.0% 25.0%
Joint 4 50.0% 50.0%

Nearby Lenders in OK

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Vision Bank process?
Vision Bank processed 307 mortgage applications in the 2023 HMDA reporting year. Of these, 223 were originated (approved and funded), 41 were withdrawn by the applicant, and 42 were denied.
What is Vision Bank's mortgage approval rate?
Vision Bank has an approval (origination) rate of 72.6%, meaning 72.6% of all applications resulted in a funded mortgage. The denial rate is 13.7%.
What is the average loan amount at Vision Bank?
The average mortgage loan amount at Vision Bank is $234,642. The average interest rate is 7.893%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Vision Bank?
The most common reasons for mortgage denial at Vision Bank are: Debt-to-income ratio, Credit history, Employment history. In total, 42 applications were denied out of 307 total applications.
What types of mortgage loans does Vision Bank offer?
Vision Bank processes Conventional, VA, FHA, USDA loans. The most common type is Conventional with 299 applications and an average loan amount of $233,896.
What loan purposes does Vision Bank serve?
Vision Bank serves the following loan purposes: Home Purchase (195 applications), Refinancing (69 applications), Home Improvement (29 applications), Other (14 applications). Home Purchase is the most common purpose.
Where is Vision Bank located?
Vision Bank is headquartered in Ada, OK. The lender is identified by LEI 549300SNAY3J7NZEU618 in HMDA data.
How does Vision Bank compare in lending across racial demographics?
Vision Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 65.0% and denial rate of 19.4%; Joint applicants have an approval rate of 80.0% and denial rate of 4.0%; American Indian or Alaska Native applicants have an approval rate of 50.0% and denial rate of 30.0%. 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.