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 | BankFirst Financial Services | RENASANT BANK |
|---|---|---|
| Total Applications | 1,569 | 10,267 ▲ |
| Loans Originated | 1,270 | 7,420 |
| Approval Rate (higher is better) | 80.9% ✓ | 72.3% |
| Denial Rate (lower is better) | 7.9% ✓ | 9.3% |
| Avg Loan Amount | $213,419 | $262,248 |
| Avg Interest Rate (lower is better) | 7.492% | 6.795% ✓ |
| Avg Applicant Income | $35,000 | $36,000 |
| Applications Denied | 124 | 958 |
| Applications Withdrawn | 142 | 1,151 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | BankFirst Financial Services | RENASANT BANK |
|---|---|---|
| Conventional | 1,392 (88.7%) | 7,838 (76.3%) |
| FHA | 144 (9.2%) | 1,515 (14.8%) |
| VA | 20 (1.3%) | 521 (5.1%) |
| USDA | 13 (0.8%) | 393 (3.8%) |
Loan Purpose Breakdown
| Purpose | BankFirst Financial Services | RENASANT BANK |
|---|---|---|
| Home Purchase | 699 | 6,295 |
| Refinancing | 521 | 1,885 |
| Home Improvement | 189 | 399 |
| Other | 134 | 1,069 |
| Cash-out Refinancing | 26 | 619 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Mississippi | 851 | #12 |
| State | Originated | Rank |
|---|---|---|
| Alabama | 1,708 | #10 |
| Mississippi | 1,657 | #7 |
Summary
- 1,569 total applications · 1,270 originated
- Approval rate: 80.9%
- Denial rate: 7.9%
- Avg loan: $213,419
- Avg rate: 7.492%
- HQ: Macon, MS
- 10,267 total applications · 7,420 originated
- Approval rate: 72.3%
- Denial rate: 9.3%
- Avg loan: $262,248
- Avg rate: 6.795%
- HQ: JOHNS CREEK, GA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.