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 | Arthur State Bank | Founders Federal Credit |
|---|---|---|
| Total Applications | 276 | 3,620 ▲ |
| Loans Originated | 208 | 2,139 |
| Approval Rate (higher is better) | 75.4% ✓ | 59.1% |
| Denial Rate (lower is better) | 8.7% ✓ | 25.8% |
| Avg Loan Amount | $284,783 | $145,240 |
| Avg Interest Rate (lower is better) | 7.490% ✓ | 7.867% |
| Avg Applicant Income | $32,000 | $34,000 |
| Applications Denied | 24 | 933 |
| Applications Withdrawn | 37 | 446 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Arthur State Bank | Founders Federal Credit |
|---|---|---|
| Conventional | 276 (100.0%) | 3,620 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Arthur State Bank | Founders Federal Credit |
|---|---|---|
| Home Purchase | 168 | 1,137 |
| Refinancing | 45 | 108 |
| Other | 31 | 1,100 |
| Cash-out Refinancing | 23 | 574 |
| Home Improvement | 9 | 701 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| South Carolina | 1,659 | #16 |
Summary
- 276 total applications · 208 originated
- Approval rate: 75.4%
- Denial rate: 8.7%
- Avg loan: $284,783
- Avg rate: 7.490%
- HQ: Union, SC
- 3,620 total applications · 2,139 originated
- Approval rate: 59.1%
- Denial rate: 25.8%
- Avg loan: $145,240
- Avg rate: 7.867%
- HQ: Lancaster, SC
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.