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 NATIONAL BANK | First State Bank |
|---|---|---|
| Total Applications | 1,165 ▲ | 335 |
| Loans Originated | 949 | 227 |
| Approval Rate (higher is better) | 81.5% ✓ | 67.8% |
| Denial Rate (lower is better) | 2.1% ✓ | 6.6% |
| Avg Loan Amount | $308,691 | $345,388 |
| Avg Interest Rate (lower is better) | 6.888% ✓ | 7.241% |
| Avg Applicant Income | $38,000 | $36,000 |
| Applications Denied | 25 | 22 |
| Applications Withdrawn | 119 | 64 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | AMERICAN NATIONAL BANK | First State Bank |
|---|---|---|
| Conventional | 889 (76.3%) | 290 (86.6%) |
| FHA | 184 (15.8%) | 36 (10.7%) |
| VA | 85 (7.3%) | 7 (2.1%) |
| USDA | 7 (0.6%) | 2 (0.6%) |
Loan Purpose Breakdown
| Purpose | AMERICAN NATIONAL BANK | First State Bank |
|---|---|---|
| Home Purchase | 898 | 264 |
| Other | 76 | 18 |
| Cash-out Refinancing | 75 | 23 |
| Home Improvement | 67 | 12 |
| Refinancing | 49 | 18 |
Summary
- 1,165 total applications · 949 originated
- Approval rate: 81.5%
- Denial rate: 2.1%
- Avg loan: $308,691
- Avg rate: 6.888%
- HQ: Wichita Falls, TX
- 335 total applications · 227 originated
- Approval rate: 67.8%
- Denial rate: 6.6%
- Avg loan: $345,388
- Avg rate: 7.241%
- HQ: Gainesville, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.