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 State Bank | Community Choice Credit |
|---|---|---|
| Total Applications | 101 | 1,578 ▲ |
| Loans Originated | 90 | 1,126 |
| Approval Rate (higher is better) | 89.1% ✓ | 71.4% |
| Denial Rate (lower is better) | 7.9% ✓ | 15.8% |
| Avg Loan Amount | $114,901 | $143,099 |
| Avg Interest Rate (lower is better) | N/A | 6.456% |
| Avg Applicant Income | N/A | $32,000 |
| Applications Denied | 8 | 250 |
| Applications Withdrawn | 0 | 200 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | American State Bank | Community Choice Credit |
|---|---|---|
| Conventional | 101 (100.0%) | 1,550 (98.2%) |
| FHA | — | 1 (0.1%) |
| VA | — | 26 (1.6%) |
| USDA | — | 1 (0.1%) |
Loan Purpose Breakdown
| Purpose | American State Bank | Community Choice Credit |
|---|---|---|
| Home Purchase | 50 | 493 |
| Home Improvement | 20 | 263 |
| Refinancing | 19 | 65 |
| Other | 12 | 611 |
| Cash-out Refinancing | — | 146 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Iowa | 1,126 | #10 |
Summary
- 101 total applications · 90 originated
- Approval rate: 89.1%
- Denial rate: 7.9%
- Avg loan: $114,901
- HQ: Osceola, IA
- 1,578 total applications · 1,126 originated
- Approval rate: 71.4%
- Denial rate: 15.8%
- Avg loan: $143,099
- Avg rate: 6.456%
- HQ: Johnston, IA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.