Western Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
25th11.1% deniedPricingmedian rate spread over APOR, weight 30%
88th0.27 ptsProcesswithdrawn + incomplete share, weight 15%
16th17.7%Closing coststotal loan costs ÷ loan amount, weight 10%
61st2.57% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 93 | 81 | 6.5% | 6.9% | 9.25% | $26M |
| 2024 | 103 | 85 | 7.8% | 8.6% | 9.00% | $26M |
| 2025 | 175 | 128 | 9.1% | 11.1% | 8.00% | $39M |
What Western 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, 1 manufactured homes, 99 investment properties.
Why Western Bank 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.
Who gets approved at Western Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 34 | 16 | 33.3% |
| $100k – $150k | 24 | 13 | 23.5% |
| Over $250k | 25 | 19 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 28 | 11 | 35.3% |
| 55–64 | 26 | 17 | 15.0% |
Where Western Bank lends
2 states and 28 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 174 | 127 | 9.2% | 8.00% | #442 |
Frequently asked questions
Western Bank denied 11.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 25th percentile of investment-property lenders.
The most common reason Western Bank gave in 2025 was "credit history", cited on 56.3% 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 Western Bank originated in 2025 was 8.00%, 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, 66% of its applications were for home purchases, 30% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 95% conventional, 5% 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.