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 | MidFirst Bank |
|---|---|---|
| Total Applications | 20,066 ▲ | 14,527 |
| Loans Originated | 12,946 | 1,920 |
| Approval Rate (higher is better) | 64.5% ✓ | 13.2% |
| Denial Rate (lower is better) | 16.2% | 2.8% ✓ |
| Avg Loan Amount | $218,617 | $264,321 |
| Avg Interest Rate (lower is better) | 7.681% | 6.233% ✓ |
| Avg Applicant Income | $36,000 | $35,000 |
| Applications Denied | 3,257 | 405 |
| Applications Withdrawn | 2,961 | 235 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | ARVEST BANK | MidFirst Bank |
|---|---|---|
| Conventional | 17,600 (87.7%) | 2,416 (16.6%) |
| FHA | 1,731 (8.6%) | 11,164 (76.9%) |
| VA | 524 (2.6%) | 728 (5.0%) |
| USDA | 211 (1.1%) | 219 (1.5%) |
Loan Purpose Breakdown
| Purpose | ARVEST BANK | MidFirst Bank |
|---|---|---|
| Home Purchase | 9,109 | 6,467 |
| Home Improvement | 3,616 | 312 |
| Other | 3,268 | 479 |
| Refinancing | 2,199 | 734 |
| Cash-out Refinancing | 1,873 | 1,244 |
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
- 14,527 total applications · 1,920 originated
- Approval rate: 13.2%
- Denial rate: 2.8%
- Avg loan: $264,321
- Avg rate: 6.233%
- 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.