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 | Chambers Bank |
|---|---|---|
| Total Applications | 20,066 ▲ | 456 |
| Loans Originated | 12,946 | 348 |
| Approval Rate (higher is better) | 64.5% | 76.3% ✓ |
| Denial Rate (lower is better) | 16.2% | 10.5% ✓ |
| Avg Loan Amount | $218,617 | $235,373 |
| Avg Interest Rate (lower is better) | 7.681% | 7.168% ✓ |
| Avg Applicant Income | $36,000 | $35,000 |
| Applications Denied | 3,257 | 48 |
| Applications Withdrawn | 2,961 | 48 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | ARVEST BANK | Chambers Bank |
|---|---|---|
| Conventional | 17,600 (87.7%) | 352 (77.2%) |
| FHA | 1,731 (8.6%) | 30 (6.6%) |
| VA | 524 (2.6%) | 60 (13.2%) |
| USDA | 211 (1.1%) | 14 (3.1%) |
Loan Purpose Breakdown
| Purpose | ARVEST BANK | Chambers Bank |
|---|---|---|
| Home Purchase | 9,109 | 329 |
| Home Improvement | 3,616 | 28 |
| Other | 3,268 | 15 |
| Refinancing | 2,199 | 69 |
| Cash-out Refinancing | 1,873 | 15 |
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
- 456 total applications · 348 originated
- Approval rate: 76.3%
- Denial rate: 10.5%
- Avg loan: $235,373
- Avg rate: 7.168%
- HQ: Danville, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.