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 | BANCFIRST |
|---|---|---|
| Total Applications | 20,066 ▲ | 4,709 |
| Loans Originated | 12,946 | 3,713 |
| Approval Rate (higher is better) | 64.5% | 78.8% ✓ |
| Denial Rate (lower is better) | 16.2% | 10.0% ✓ |
| Avg Loan Amount | $218,617 | $149,088 |
| Avg Interest Rate (lower is better) | 7.681% ✓ | 7.970% |
| Avg Applicant Income | $36,000 | $34,000 |
| Applications Denied | 3,257 | 470 |
| Applications Withdrawn | 2,961 | 85 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | ARVEST BANK | BANCFIRST |
|---|---|---|
| Conventional | 17,600 (87.7%) | 4,433 (94.1%) |
| FHA | 1,731 (8.6%) | 187 (4.0%) |
| VA | 524 (2.6%) | 39 (0.8%) |
| USDA | 211 (1.1%) | 50 (1.1%) |
Loan Purpose Breakdown
| Purpose | ARVEST BANK | BANCFIRST |
|---|---|---|
| Home Purchase | 9,109 | 2,207 |
| Home Improvement | 3,616 | 857 |
| Other | 3,268 | 735 |
| Refinancing | 2,199 | 875 |
| Cash-out Refinancing | 1,873 | 35 |
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
- 4,709 total applications · 3,713 originated
- Approval rate: 78.8%
- Denial rate: 10.0%
- Avg loan: $149,088
- Avg rate: 7.970%
- HQ: OKLAHOMA CITY, OK
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.