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 | Bank Iowa | CASTLE & COOKE |
|---|---|---|
| Total Applications | 867 | 1,880 ▲ |
| Loans Originated | 689 | 1,188 |
| Approval Rate (higher is better) | 79.5% ✓ | 63.2% |
| Denial Rate (lower is better) | 10.3% | 2.8% ✓ |
| Avg Loan Amount | $195,358 | $323,319 |
| Avg Interest Rate (lower is better) | 7.428% | 6.633% ✓ |
| Avg Applicant Income | $33,000 | $40,000 |
| Applications Denied | 89 | 52 |
| Applications Withdrawn | 64 | 607 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Bank Iowa | CASTLE & COOKE |
|---|---|---|
| Conventional | 836 (96.4%) | 1,165 (62.0%) |
| FHA | — | 535 (28.5%) |
| VA | — | 135 (7.2%) |
| USDA | 31 (3.6%) | 45 (2.4%) |
Loan Purpose Breakdown
| Purpose | Bank Iowa | CASTLE & COOKE |
|---|---|---|
| Home Purchase | 407 | 1,390 |
| Other | 177 | — |
| Refinancing | 155 | 174 |
| Home Improvement | 102 | — |
| Cash-out Refinancing | 26 | 316 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Iowa | 669 | #16 |
No state data available.
Summary
- 867 total applications · 689 originated
- Approval rate: 79.5%
- Denial rate: 10.3%
- Avg loan: $195,358
- Avg rate: 7.428%
- HQ: West Des Moines, IA
- 1,880 total applications · 1,188 originated
- Approval rate: 63.2%
- Denial rate: 2.8%
- Avg loan: $323,319
- Avg rate: 6.633%
- HQ: DRAPER, UT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.