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 | ARVEST BANK | ARKANSAS FEDERAL CREDIT |
|---|---|---|
| Total Applications | 20,066 ▲ | 4,140 |
| Loans Originated | 12,946 | 2,432 |
| Approval Rate (higher is better) | 64.5% ✓ | 58.7% |
| Denial Rate (lower is better) | 16.2% ✓ | 22.0% |
| Avg Loan Amount | $218,617 | $96,246 |
| Avg Interest Rate (lower is better) | 7.681% ✓ | 8.572% |
| Avg Applicant Income | $36,000 | $35,000 |
| Applications Denied | 3,257 | 912 |
| Applications Withdrawn | 2,961 | 792 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | ARVEST BANK | ARKANSAS FEDERAL CREDIT |
|---|---|---|
| Conventional | 17,600 (87.7%) | 4,108 (99.2%) |
| FHA | 1,731 (8.6%) | — |
| VA | 524 (2.6%) | 32 (0.8%) |
| USDA | 211 (1.1%) | — |
Loan Purpose Breakdown
| Purpose | ARVEST BANK | ARKANSAS FEDERAL CREDIT |
|---|---|---|
| Home Purchase | 9,109 | 606 |
| Home Improvement | 3,616 | 786 |
| Other | 3,268 | 2,293 |
| Refinancing | 2,199 | 363 |
| Cash-out Refinancing | 1,873 | 92 |
Top States by Loan Volume
Summary
- 20,066 total applications · 12,946 originated
- Approval rate: 64.5%
- Denial rate: 16.2%
- Avg loan: $218,617
- Avg rate: 7.681%
- HQ: TULSA, OK
- 4,140 total applications · 2,432 originated
- Approval rate: 58.7%
- Denial rate: 22.0%
- Avg loan: $96,246
- Avg rate: 8.572%
- HQ: LITTLE ROCK, AR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.