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 | FIRSTBANK |
|---|---|---|
| Total Applications | 426 | 21,086 ▲ |
| Loans Originated | 399 | 6,413 |
| Approval Rate (higher is better) | 93.7% ✓ | 30.4% |
| Denial Rate (lower is better) | 1.6% ✓ | 43.2% |
| Avg Loan Amount | $114,883 | $184,071 |
| Avg Interest Rate (lower is better) | N/A | 7.263% |
| Avg Applicant Income | N/A | $37,000 |
| Applications Denied | 7 | 9,112 |
| Applications Withdrawn | 20 | 1,337 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CARROLL BANK AND | FIRSTBANK |
|---|---|---|
| Conventional | 426 (100.0%) | 19,693 (93.4%) |
| FHA | — | 984 (4.7%) |
| VA | — | 322 (1.5%) |
| USDA | — | 87 (0.4%) |
Loan Purpose Breakdown
| Purpose | CARROLL BANK AND | FIRSTBANK |
|---|---|---|
| Home Purchase | 140 | 18,657 |
| Cash-out Refinancing | 137 | 485 |
| Refinancing | 123 | 571 |
| Home Improvement | 14 | 75 |
| Other | 12 | 1,298 |
Top States by Loan Volume
Summary
- 426 total applications · 399 originated
- Approval rate: 93.7%
- Denial rate: 1.6%
- Avg loan: $114,883
- HQ: HUNTINGDON, TN
- 21,086 total applications · 6,413 originated
- Approval rate: 30.4%
- Denial rate: 43.2%
- Avg loan: $184,071
- Avg rate: 7.263%
- HQ: LEXINGTON, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.