Bison State Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
91st1.7% deniedPricingmedian rate spread over APOR, weight 30%
90th-0.17 ptsProcesswithdrawn + incomplete share, weight 15%
2nd40.7%Closing coststotal loan costs ÷ loan amount, weight 10%
91st0.74% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 178 | 93 | 12.4% | 18.0% | 6.88% | $31M |
| 2024 | 133 | 78 | 8.3% | 10.1% | — | $28M |
| 2025 | 1,117 | 647 | 1.0% | 1.7% | 6.13% | $340M |
What Bison State Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 124 investment properties.
Why Bison State Bank denies applications
Primary reason reported for each of the 11 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bison State Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 25 | 8 | 11.1% |
| $50k – $100k | 103 | 62 | 1.6% |
| $100k – $150k | 191 | 103 | 3.7% |
| $150k – $250k | 414 | 251 | 1.2% |
| Over $250k | 362 | 213 | 0.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 286 | 150 | 0.7% |
| 35–44 | 428 | 250 | 1.6% |
| 45–54 | 210 | 134 | 2.2% |
| 55–64 | 132 | 79 | 2.4% |
| 65–74 | 37 | 23 | 4.2% |
Where Bison State Bank lends
48 states and 406 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 97 | 47 | 2.1% | 6.13% | #563 |
| California | 89 | 55 | 1.1% | 6.13% | #459 |
| Kansas | 82 | 50 | 0.0% | 6.49% | #183 |
| Missouri | 78 | 49 | 1.3% | 6.50% | #298 |
| Washington | 71 | 43 | 0.0% | 5.99% | #271 |
| New Jersey | 69 | 39 | 1.5% | 6.13% | #313 |
| Florida | 65 | 41 | 1.5% | 6.00% | #559 |
| North Carolina | 50 | 32 | 0.0% | 6.38% | #399 |
| Virginia | 43 | 28 | 0.0% | 5.99% | #393 |
| Illinois | 41 | 23 | 0.0% | 6.13% | #485 |
| Georgia | 39 | 16 | 0.0% | 6.38% | #479 |
| Colorado | 38 | 18 | 0.0% | 6.38% | #336 |
| Tennessee | 29 | 19 | 0.0% | 6.38% | #482 |
| Massachusetts | 28 | 20 | 0.0% | 6.13% | #385 |
| Arizona | 26 | 13 | 3.9% | 6.13% | #395 |
| Pennsylvania | 25 | 10 | 0.0% | 5.50% | #572 |
| Minnesota | 22 | 16 | 0.0% | 5.63% | #380 |
| Ohio | 18 | 11 | 0.0% | 6.00% | #542 |
| Michigan | 16 | 7 | 6.3% | 6.49% | #466 |
| Indiana | 15 | 10 | 0.0% | 6.25% | #500 |
| South Carolina | 15 | 11 | 0.0% | 6.00% | #486 |
| Nevada | 14 | 6 | 21.4% | 5.99% | #294 |
| Oregon | 13 | 8 | 0.0% | 5.99% | #336 |
| Utah | 13 | 6 | 0.0% | 6.00% | #269 |
| Maine | 10 | 4 | 0.0% | 6.19% | #224 |
| Alabama | 9 | 5 | 0.0% | 6.13% | #490 |
| Idaho | 9 | 4 | 0.0% | 6.50% | #279 |
| Montana | 9 | 6 | 0.0% | 6.25% | #187 |
| New Hampshire | 9 | 4 | 0.0% | 5.94% | #261 |
| Oklahoma | 9 | 4 | 0.0% | 5.75% | #421 |
| Delaware | 8 | 4 | 0.0% | 5.50% | #267 |
| New Mexico | 8 | 6 | 0.0% | 5.81% | #270 |
| Wisconsin | 7 | 4 | 0.0% | 5.75% | #537 |
| Arkansas | 6 | 5 | 0.0% | 5.99% | #391 |
| Connecticut | 6 | 3 | 0.0% | 5.99% | #432 |
| Nebraska | 5 | 5 | 0.0% | 6.63% | #307 |
Frequently asked questions
Bison State Bank denied 1.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 91st percentile of small mortgage lenders.
The most common reason Bison State Bank gave in 2025 was "collateral", cited on 27.3% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Bison State Bank originated in 2025 was 6.13%, and its median rate spread over the average prime offer rate was -0.17 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 56% of its applications were for home purchases, 44% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 84% conventional, 7% FHA, 9% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.