Mortgage lender · Cheyenne, WY · LEI 549300FWQNRPTKXB8G79

Wallick & Volk review: approval odds, rates and grade (2025)

Wallick & Volk earns a B, better than most small mortgage lenders. It turned down 7.9% of the applications it decided on in 2025, which ranks in the 58th percentile for approval odds. Its median loan was priced 0.11 points above the average prime offer rate, ranking in the 70th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

291Applications2025
64.3%Originatedof applications
7.9%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$57MLoan volume9 states

Wallick & Volk at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

5.5%Denial rate (all applications)-12.48 pts vs national
7.9%Denial rate (decided applications)-14.71 pts vs national
64.3%Origination rate+6.23 pts vs national
30.2%Withdrawn by applicant
0.0%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.11Median rate spread (pts over APOR)-0.14 pts vs national
$295,000Median loan amount
$5,965Median total loan costs
$108kMedian applicant income
95%Median loan-to-value
0High-cost (HOEPA) loans

How the B 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%

58th7.9% denied

Pricingmedian rate spread over APOR, weight 30%

70th0.11 pts

Processwithdrawn + incomplete share, weight 15%

5th30.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

46th2.02% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,9711,4865.2%6.5%6.63%$390M
20241,7121,3225.7%6.9%6.63%$364M
20252911875.5%7.9%6.63%$57M

What Wallick & Volk 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

Home purchase 258 89% · 5.8% denied
Refinance 15 5% · 6.7% denied
Cash-out refinance 16 5% · 0.0% denied
Home improvement 2 1% · 0.0% denied

By loan type

Conventional 166 57% · 2.4% denied
FHA 98 34% · 11.2% denied
VA 24 8% · 4.2% denied
USDA / RHS 3 1% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 18 manufactured homes, 13 investment properties.

Why Wallick & Volk denies applications

Primary reason reported for each of the 16 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Employment history 5 31%
Debt-to-income ratio 4 25%
Credit history 2 13%
Incomplete application 2 13%
Collateral 1 6%
Unverifiable information 1 6%
Insufficient cash 1 6%

How these reasons compare nationally →

Who gets approved at Wallick & Volk

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k117778.3%
$100k – $150k89643.0%
$150k – $250k50303.2%
Over $250k2190.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2525190.0%
25–3489643.0%
35–44875313.1%
45–54321715.0%
55–6432199.5%

Where Wallick & Volk lends

9 states and 39 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas118624.2%6.63%#522
Arizona68492.9%6.75%#276
California31246.5%6.50%#588
Wyoming31276.5%6.88%#87
Washington29186.9%6.88%#354
Idaho10710.0%6.63%#271

Frequently asked questions

Wallick & Volk denied 7.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 58th percentile of small mortgage lenders.

The most common reason Wallick & Volk gave in 2025 was "employment history", cited on 31.3% 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 Wallick & Volk originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.11 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 89% of its applications were for home purchases, 11% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 57% conventional, 34% FHA, 8% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Wallick & Volk. Data sources · Methodology