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 | BankSouth | BankSouth Mortgage Company |
|---|---|---|
| Total Applications | 257 | 2,993 ▲ |
| Loans Originated | 201 | 2,368 |
| Approval Rate (higher is better) | 78.2% | 79.1% ✓ |
| Denial Rate (lower is better) | 4.7% | 3.6% ✓ |
| Avg Loan Amount | $563,054 | $384,666 |
| Avg Interest Rate (lower is better) | N/A | 6.527% |
| Avg Applicant Income | N/A | $39,000 |
| Applications Denied | 12 | 108 |
| Applications Withdrawn | 31 | 478 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | BankSouth | BankSouth Mortgage Company |
|---|---|---|
| Conventional | 257 (100.0%) | 1,891 (63.2%) |
| FHA | — | 808 (27.0%) |
| VA | — | 255 (8.5%) |
| USDA | — | 39 (1.3%) |
Loan Purpose Breakdown
| Purpose | BankSouth | BankSouth Mortgage Company |
|---|---|---|
| Home Purchase | 186 | 2,812 |
| Refinancing | 30 | 103 |
| Other | 15 | 14 |
| Home Improvement | 13 | 3 |
| Cash-out Refinancing | 13 | 61 |
Summary
- 257 total applications · 201 originated
- Approval rate: 78.2%
- Denial rate: 4.7%
- Avg loan: $563,054
- HQ: Greensboro, GA
- 2,993 total applications · 2,368 originated
- Approval rate: 79.1%
- Denial rate: 3.6%
- Avg loan: $384,666
- Avg rate: 6.527%
- HQ: Atlanta, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.