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 of Yazoo | Cadence Bank |
|---|---|---|
| Total Applications | 101 | 19,150 ▲ |
| Loans Originated | 86 | 12,823 |
| Approval Rate (higher is better) | 85.1% ✓ | 67.0% |
| Denial Rate (lower is better) | 10.9% ✓ | 18.2% |
| Avg Loan Amount | $129,950 | $278,323 |
| Avg Interest Rate (lower is better) | N/A | 7.236% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 11 | 3,490 |
| Applications Withdrawn | 0 | 2,296 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Bank of Yazoo | Cadence Bank |
|---|---|---|
| Conventional | 101 (100.0%) | 16,944 (88.5%) |
| FHA | — | 1,723 (9.0%) |
| VA | — | 365 (1.9%) |
| USDA | — | 118 (0.6%) |
Loan Purpose Breakdown
| Purpose | Bank of Yazoo | Cadence Bank |
|---|---|---|
| Refinancing | 47 | 3,723 |
| Home Purchase | 40 | 9,398 |
| Home Improvement | 12 | 202 |
| Other | 2 | 5,313 |
| Cash-out Refinancing | — | 514 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Mississippi | 3,519 | #2 |
| Alabama | 1,634 | #13 |
| Arkansas | 879 | #14 |
Summary
- 101 total applications · 86 originated
- Approval rate: 85.1%
- Denial rate: 10.9%
- Avg loan: $129,950
- HQ: Yazoo City, MS
- 19,150 total applications · 12,823 originated
- Approval rate: 67.0%
- Denial rate: 18.2%
- Avg loan: $278,323
- Avg rate: 7.236%
- HQ: Tupelo, MS
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.