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 | CARROLL BANK AND | FIRST COMMUNITY MORTGAGE |
|---|---|---|
| Total Applications | 426 | 13,521 ▲ |
| Loans Originated | 399 | 10,523 |
| Approval Rate (higher is better) | 93.7% ✓ | 77.8% |
| Denial Rate (lower is better) | 1.6% ✓ | 6.2% |
| Avg Loan Amount | $114,883 | $290,338 |
| Avg Interest Rate (lower is better) | N/A | 6.698% |
| Avg Applicant Income | N/A | $39,000 |
| Applications Denied | 7 | 834 |
| Applications Withdrawn | 20 | 854 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CARROLL BANK AND | FIRST COMMUNITY MORTGAGE |
|---|---|---|
| Conventional | 426 (100.0%) | 8,095 (59.9%) |
| FHA | — | 3,788 (28.0%) |
| VA | — | 1,126 (8.3%) |
| USDA | — | 512 (3.8%) |
Loan Purpose Breakdown
| Purpose | CARROLL BANK AND | FIRST COMMUNITY MORTGAGE |
|---|---|---|
| Home Purchase | 140 | 11,298 |
| Cash-out Refinancing | 137 | 1,223 |
| Refinancing | 123 | 1,000 |
| Home Improvement | 14 | — |
| Other | 12 | — |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Tennessee | 2,366 | #12 |
Summary
- 426 total applications · 399 originated
- Approval rate: 93.7%
- Denial rate: 1.6%
- Avg loan: $114,883
- HQ: HUNTINGDON, TN
- 13,521 total applications · 10,523 originated
- Approval rate: 77.8%
- Denial rate: 6.2%
- Avg loan: $290,338
- Avg rate: 6.698%
- HQ: MURFREESBORO, TN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.