Ouachita Valley Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F 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%
3rd42.5% deniedPricingmedian rate spread over APOR, weight 30%
3rd1.79 ptsProcesswithdrawn + incomplete share, weight 15%
9th26.1%Closing coststotal loan costs ÷ loan amount, weight 10%
12th3.48% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 61 | 39 | 26.2% | 28.6% | 7.50% | $2.5M |
| 2024 | 50 | 37 | 26.0% | 26.0% | 8.05% | $2.5M |
| 2025 | 153 | 65 | 31.4% | 42.5% | 8.00% | $4.8M |
What Ouachita Valley Federal Credit Union 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: 17 home-equity lines, 0 reverse mortgages, 29 manufactured homes, 8 investment properties.
Why Ouachita Valley Federal Credit Union denies applications
Primary reason reported for each of the 48 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Ouachita Valley Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 65 | 12 | 73.3% |
| $50k – $100k | 59 | 30 | 30.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 20 | 6 | 40.0% |
| 35–44 | 28 | 13 | 40.9% |
| 45–54 | 24 | 9 | 55.0% |
| 55–64 | 36 | 16 | 42.9% |
| 65–74 | 24 | 12 | 33.3% |
Where Ouachita Valley Federal Credit Union lends
4 states and 8 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Louisiana | 131 | 65 | 25.2% | 8.00% | #156 |
Frequently asked questions
Ouachita Valley Federal Credit Union denied 42.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of small mortgage lenders.
The most common reason Ouachita Valley Federal Credit Union gave in 2025 was "credit history", cited on 60.4% 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 Ouachita Valley Federal Credit Union originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 1.79 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 36% of its applications were for home purchases, 19% for refinancing (including cash-out), and 45% 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.