Mortgage lender · Midland, TX · LEI 549300ALAL7EW71UE133

West Texas National Bank review: approval odds, rates and grade (2025)

West Texas National Bank earns a D, weaker than most small mortgage lenders. It turned down 20.5% of the applications it decided on in 2025, which ranks in the 19th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

125Applications2025
68.0%Originatedof applications
20.5%Decision denial ratenational 22.6%
Median ratenational 6.63%
$30MLoan volume7 states

West Texas National Bank at a glance, 2025

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

18.4%Denial rate (all applications)+0.42 pts vs national
20.5%Denial rate (decided applications)-2.05 pts vs national
68.0%Origination rate+9.97 pts vs national
8.0%Withdrawn by applicant
2.4%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$185,000Median loan amount
Median total loan costs
$146kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the D 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%

19th20.5% denied

Processwithdrawn + incomplete share, weight 15%

56th10.4%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
2023876217.2%19.5%$22M
20241086818.5%22.2%$27M
20251258518.4%20.5%$30M

What West Texas National 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

Home purchase 68 54% · 14.7% denied
Refinance 11 9% · 9.1% denied
Cash-out refinance 17 14% · 17.7% denied
Home improvement 18 14% · 38.9% denied
Other / HELOC 11 9% · 18.2% denied

By loan type

Conventional 125 100% · 18.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 45 investment properties.

Why West Texas National Bank denies applications

Primary reason reported for each of the 23 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 13 57%
Credit history 8 35%
Employment history 2 9%

How these reasons compare nationally →

Who gets approved at West Texas National Bank

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k231331.8%
$150k – $250k201516.7%
Over $250k221120.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–34201236.8%
35–44281526.1%

Where West Texas National Bank lends

7 states and 34 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas1188119.5%#520

Frequently asked questions

West Texas National Bank denied 20.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 19th percentile of small mortgage lenders.

The most common reason West Texas National Bank gave in 2025 was "debt-to-income ratio", cited on 56.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 54% of its applications were for home purchases, 22% for refinancing (including cash-out), and 23% 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.

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 West Texas National Bank. Data sources · Methodology