Bank of the West mortgage approval rate & lending review
Bank of the West decided 514 mortgage applications and funded 338 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank of the West reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank of the West at a glance
Approval is 7.5 points below the 73.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 81% | 98 / 121 | 99% | $825K | 97 |
| Home improvement loans | 64% | 93 / 146 | 100% | $105K | 93 |
| Cash-out refinance | 59% | 20 / 34 | 100% | $335K | 20 |
| Refinance | 58% | 69 / 118 | 99% | $355K | 68 |
| Investment property purchase | 87% | 26 / 30 | 100% | $545K | 26 |
| Investment refinance | 56% | 14 / 25 | 100% | $375K | 14 |
| Investment home improvement | 42% | 14 / 33 | 100% | $145K | 14 |
Bank of the West lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 66% | $355K | 356 | 233 |
| Colorado | 66% | $125K | 47 | 30 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Questions about Bank of the West
What is Bank of the West's mortgage approval rate?
Bank of the West approved 66.1% of the 514 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.5 points below the 73.7% national rate for the same mix of loan types.
How often do borrowers take the loan Bank of the West offers?
Borrowers accepted 99% of the loans Bank of the West approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bank of the West make?
The typical home improvement loan loan Bank of the West made was $105K; across all loan types its typical loan ran from $105K to $825K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank of the West lend?
Bank of the West decided applications in 17 of the states Fat Boy Data covers, most of them in California, Colorado and Oregon.
Can I apply to Bank of the West directly?
Yes. Bank of the West is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank of the West's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bank of the West treats applications, then get a rate quote from the lender.