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 | Carrollton Bank | UNITED COMMUNITY BANK |
|---|---|---|
| Total Applications | 1,538 | 1,841 ▲ |
| Loans Originated | 1,214 | 1,392 |
| Approval Rate (higher is better) | 78.9% ✓ | 75.6% |
| Denial Rate (lower is better) | 7.6% ✓ | 9.9% |
| Avg Loan Amount | $219,233 | $120,568 |
| Avg Interest Rate (lower is better) | 6.865% | 6.542% ✓ |
| Avg Applicant Income | $34,000 | $31,000 |
| Applications Denied | 117 | 182 |
| Applications Withdrawn | 195 | 236 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Carrollton Bank | UNITED COMMUNITY BANK |
|---|---|---|
| Conventional | 1,370 (89.1%) | 1,674 (90.9%) |
| FHA | 106 (6.9%) | 96 (5.2%) |
| VA | 56 (3.6%) | 15 (0.8%) |
| USDA | 6 (0.4%) | 56 (3.0%) |
Loan Purpose Breakdown
| Purpose | Carrollton Bank | UNITED COMMUNITY BANK |
|---|---|---|
| Home Purchase | 1,098 | 889 |
| Refinancing | 146 | 304 |
| Other | 133 | 130 |
| Home Improvement | 123 | 309 |
| Cash-out Refinancing | 38 | 205 |
Summary
- 1,538 total applications · 1,214 originated
- Approval rate: 78.9%
- Denial rate: 7.6%
- Avg loan: $219,233
- Avg rate: 6.865%
- HQ: Saint Louis, MO
- 1,841 total applications · 1,392 originated
- Approval rate: 75.6%
- Denial rate: 9.9%
- Avg loan: $120,568
- Avg rate: 6.542%
- HQ: GILLESPIE, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.