Compare Mortgage Lenders
Select two lenders to compare side by side using 2023 HMDA federal data: approval rates, denial rates, loan sizes, loan types, and geographic reach.
Key Metrics
| Metric | ACOPIA, LLC | Planters Bank and |
|---|---|---|
| Total Applications | 2,608 ▲ | 527 |
| Loans Originated | 1,840 | 407 |
| Approval Rate (higher is better) | 70.6% | 77.2% ✓ |
| Denial Rate (lower is better) | 4.9% ✓ | 13.5% |
| Avg Loan Amount | $262,703 | $124,355 |
| Avg Interest Rate (lower is better) | 5.944% ✓ | 8.782% |
| Avg Applicant Income | $40,000 | $35,000 |
| Applications Denied | 127 | 71 |
| Applications Withdrawn | 421 | 43 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | ACOPIA, LLC | Planters Bank and |
|---|---|---|
| Conventional | 1,522 (58.4%) | 523 (99.2%) |
| FHA | 850 (32.6%) | 1 (0.2%) |
| VA | 194 (7.4%) | — |
| USDA | 42 (1.6%) | 3 (0.6%) |
Loan Purpose Breakdown
| Purpose | ACOPIA, LLC | Planters Bank and |
|---|---|---|
| Home Purchase | 2,454 | 186 |
| Cash-out Refinancing | 58 | 11 |
| Refinancing | 56 | 234 |
| Home Improvement | 39 | 67 |
| Other | 1 | 29 |
Summary
- 2,608 total applications · 1,840 originated
- Approval rate: 70.6%
- Denial rate: 4.9%
- Avg loan: $262,703
- Avg rate: 5.944%
- HQ: GOODLETTSVILLE, TN
- 527 total applications · 407 originated
- Approval rate: 77.2%
- Denial rate: 13.5%
- Avg loan: $124,355
- Avg rate: 8.782%
- HQ: Indianola, MS
Methodology
Comparisons are drawn from the CFPB 2024 HMDA Snapshot National Loan-Level Dataset, published by the Consumer Financial Protection Bureau and distributed via the FFIEC. Every figure on this page comes from lenders' mandatory HMDA filings — not voluntary marketing claims.
Approval (origination) rate = originated ÷ total applications. Denial rate = denied ÷ total applications. Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes. Denial rates reflect a lender's applicant mix as much as its underwriting stance; compare alongside loan-type mix and geography before drawing conclusions.
Side-by-side comparisons are informational only and do not constitute financial, legal, or mortgage advice. Always obtain and compare written Loan Estimates before applying.