Mortgage lender · Cheyenne, WY · LEI 549300WRB87J6ZL6CO07

Western Vista review: approval odds, rates and grade (2025)

Western Vista earns a C, in line with the typical performance of small mortgage lenders. It turned down 9.3% of the applications it decided on in 2025, which ranks in the 52nd percentile for approval odds. Its median loan was priced 0.20 points above the average prime offer rate, ranking in the 60th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

342Applications2025
71.1%Originatedof applications
9.3%Decision denial ratenational 22.6%
6.25%Median ratenational 6.63%
$51MLoan volume8 states

Western Vista at a glance, 2025

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

7.3%Denial rate (all applications)-10.67 pts vs national
9.3%Denial rate (decided applications)-13.30 pts vs national
71.1%Origination rate+13.02 pts vs national
19.9%Withdrawn by applicant
1.5%Closed for incompleteness
6.25%Median interest rate-0.38 pts vs national
0.20Median rate spread (pts over APOR)-0.06 pts vs national
$185,000Median loan amount
$5,271Median total loan costs
$100kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the C 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%

52nd9.3% denied

Pricingmedian rate spread over APOR, weight 30%

60th0.20 pts

Processwithdrawn + incomplete share, weight 15%

16th21.3%

Closing coststotal loan costs ÷ loan amount, weight 10%

22nd2.85% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202318611316.1%21.0%7.89%$12M
20243382519.2%11.0%6.86%$43M
20253422437.3%9.3%6.25%$51M

What Western Vista 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 201 59% · 4.5% denied
Refinance 27 8% · 3.7% denied
Cash-out refinance 7 2% · 28.6% denied
Home improvement 41 12% · 4.9% denied
Other / HELOC 66 19% · 16.7% denied

By loan type

Conventional 258 75% · 8.1% denied
FHA 65 19% · 6.2% denied
VA 19 6% · 0.0% denied

Also: 77 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 14 investment properties.

Why Western Vista denies applications

Primary reason reported for each of the 25 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 8 32%
Debt-to-income ratio 8 32%
Other 7 28%
Insufficient cash 2 8%

How these reasons compare nationally →

Who gets approved at Western Vista

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k261335.0%
$50k – $100k1381056.3%
$100k – $150k96675.6%
$150k – $250k63479.6%
Applicant ageApplicationsOriginatedDecision denial rate
25–3491722.7%
35–44835419.4%
45–5467492.0%
55–64523113.5%

Where Western Vista lends

8 states and 16 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Wyoming3222377.1%6.25%#16
Colorado9411.1%5.88%#525

Frequently asked questions

Western Vista denied 9.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 52nd percentile of small mortgage lenders.

The most common reason Western Vista gave in 2025 was "credit history", cited on 32.0% 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 Vista originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.20 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 59% of its applications were for home purchases, 10% for refinancing (including cash-out), and 31% for home improvement or other purposes. By loan type: 75% conventional, 19% FHA, 6% 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 Western Vista. Data sources · Methodology