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 | AMERICAN MOMENTUM BANK | 1st Community Federal |
|---|---|---|
| Total Applications | 472 ▲ | 104 |
| Loans Originated | 295 | 70 |
| Approval Rate (higher is better) | 62.5% | 67.3% ✓ |
| Denial Rate (lower is better) | 15.0% ✓ | 24.0% |
| Avg Loan Amount | $568,538 | $216,538 |
| Avg Interest Rate (lower is better) | N/A | 8.517% |
| Avg Applicant Income | N/A | $30,000 |
| Applications Denied | 71 | 25 |
| Applications Withdrawn | 88 | 9 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | AMERICAN MOMENTUM BANK | 1st Community Federal |
|---|---|---|
| Conventional | 434 (91.9%) | 104 (100.0%) |
| FHA | 28 (5.9%) | — |
| VA | 10 (2.1%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | AMERICAN MOMENTUM BANK | 1st Community Federal |
|---|---|---|
| Home Purchase | 406 | 10 |
| Home Improvement | 21 | 26 |
| Other | 19 | 32 |
| Refinancing | 14 | 2 |
| Cash-out Refinancing | 12 | 34 |
Summary
- 472 total applications · 295 originated
- Approval rate: 62.5%
- Denial rate: 15.0%
- Avg loan: $568,538
- HQ: COLLEGE STATION, TX
- 104 total applications · 70 originated
- Approval rate: 67.3%
- Denial rate: 24.0%
- Avg loan: $216,538
- Avg rate: 8.517%
- HQ: San Angelo, TX
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.