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 & Trust | BANK OF HILLSBORO, |
|---|---|---|
| Total Applications | 185 | 289 ▲ |
| Loans Originated | 158 | 181 |
| Approval Rate (higher is better) | 85.4% ✓ | 62.6% |
| Denial Rate (lower is better) | 6.0% ✓ | 17.0% |
| Avg Loan Amount | $137,108 | $188,287 |
| Avg Interest Rate (lower is better) | N/A | 6.965% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 11 | 49 |
| Applications Withdrawn | 13 | 28 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Bank & Trust | BANK OF HILLSBORO, |
|---|---|---|
| Conventional | 185 (100.0%) | 289 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Bank & Trust | BANK OF HILLSBORO, |
|---|---|---|
| Home Purchase | 130 | 188 |
| Refinancing | 28 | 25 |
| Other | 14 | 27 |
| Home Improvement | 13 | 14 |
| Cash-out Refinancing | — | 35 |
Summary
- 185 total applications · 158 originated
- Approval rate: 85.4%
- Denial rate: 6.0%
- Avg loan: $137,108
- HQ: Litchfield, IL
- 289 total applications · 181 originated
- Approval rate: 62.6%
- Denial rate: 17.0%
- Avg loan: $188,287
- Avg rate: 6.965%
- HQ: HILLSBORO, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.