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 | BENCHMARK COMMUNITY BANK | CITIZENS BANK & |
|---|---|---|
| Total Applications | 576 ▲ | 133 |
| Loans Originated | 455 | 123 |
| Approval Rate (higher is better) | 79.0% | 92.5% ✓ |
| Denial Rate (lower is better) | 7.3% | 5.3% ✓ |
| Avg Loan Amount | $208,038 | $227,105 |
| Avg Interest Rate (lower is better) | 7.302% | N/A |
| Avg Applicant Income | $33,000 | N/A |
| Applications Denied | 42 | 7 |
| Applications Withdrawn | 23 | 0 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | BENCHMARK COMMUNITY BANK | CITIZENS BANK & |
|---|---|---|
| Conventional | 576 (100.0%) | 133 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | BENCHMARK COMMUNITY BANK | CITIZENS BANK & |
|---|---|---|
| Home Purchase | 300 | 84 |
| Refinancing | 127 | 21 |
| Home Improvement | 75 | 23 |
| Other | 66 | 4 |
| Cash-out Refinancing | 8 | 1 |
Summary
- 576 total applications · 455 originated
- Approval rate: 79.0%
- Denial rate: 7.3%
- Avg loan: $208,038
- Avg rate: 7.302%
- HQ: KENBRIDGE, VA
- 133 total applications · 123 originated
- Approval rate: 92.5%
- Denial rate: 5.3%
- Avg loan: $227,105
- HQ: BLACKSTONE, VA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.