Luana Savings 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%
84th2.8% deniedPricingmedian rate spread over APOR, weight 30%
93rd-0.27 ptsProcesswithdrawn + incomplete share, weight 15%
70th7.5%Closing coststotal loan costs ÷ loan amount, weight 10%
94th0.52% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 633 | 550 | 2.7% | 3.0% | 6.75% | $106M |
| 2024 | 795 | 671 | 3.4% | 3.9% | 6.63% | $185M |
| 2025 | 722 | 648 | 2.6% | 2.8% | 6.13% | $217M |
What Luana Savings 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, 6 manufactured homes, 99 investment properties.
Why Luana Savings Bank denies applications
Primary reason reported for each of the 19 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Luana Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 26 | 22 | 12.0% |
| $50k – $100k | 143 | 120 | 8.4% |
| $100k – $150k | 156 | 140 | 1.4% |
| $150k – $250k | 202 | 181 | 1.1% |
| Over $250k | 124 | 116 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 42 | 39 | 4.9% |
| 25–34 | 204 | 183 | 2.1% |
| 35–44 | 174 | 152 | 3.2% |
| 45–54 | 137 | 123 | 3.2% |
| 55–64 | 73 | 66 | 2.9% |
| 65–74 | 24 | 18 | 10.0% |
Where Luana Savings Bank lends
6 states and 61 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Luana Savings Bank denied 2.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 84th percentile of small mortgage lenders.
The most common reason Luana Savings Bank gave in 2025 was "debt-to-income ratio", cited on 78.9% 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 Luana Savings Bank originated in 2025 was 6.13%, and its median rate spread over the average prime offer rate was -0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 64% of its applications were for home purchases, 30% for refinancing (including cash-out), and 6% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.