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 | CB&S Bank | First Metro Bank |
|---|---|---|
| Total Applications | 1,218 ▲ | 191 |
| Loans Originated | 873 | 149 |
| Approval Rate (higher is better) | 71.7% | 78.0% ✓ |
| Denial Rate (lower is better) | 15.1% | 13.1% ✓ |
| Avg Loan Amount | $206,002 | $154,843 |
| Avg Interest Rate (lower is better) | 7.505% | N/A |
| Avg Applicant Income | $34,000 | N/A |
| Applications Denied | 184 | 25 |
| Applications Withdrawn | 136 | 13 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CB&S Bank | First Metro Bank |
|---|---|---|
| Conventional | 1,168 (95.9%) | 188 (98.4%) |
| FHA | 13 (1.1%) | 1 (0.5%) |
| VA | 17 (1.4%) | 2 (1.0%) |
| USDA | 20 (1.6%) | — |
Loan Purpose Breakdown
| Purpose | CB&S Bank | First Metro Bank |
|---|---|---|
| Home Purchase | 509 | 89 |
| Refinancing | 303 | 52 |
| Home Improvement | 218 | 28 |
| Other | 166 | 22 |
| Cash-out Refinancing | 22 | — |
Summary
- 1,218 total applications · 873 originated
- Approval rate: 71.7%
- Denial rate: 15.1%
- Avg loan: $206,002
- Avg rate: 7.505%
- HQ: Russellville, AL
- 191 total applications · 149 originated
- Approval rate: 78.0%
- Denial rate: 13.1%
- Avg loan: $154,843
- HQ: Muscle Shoals, AL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.