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 | Centennial Bank | FLAT BRANCH MORTGAGE, |
|---|---|---|
| Total Applications | 4,878 | 17,606 ▲ |
| Loans Originated | 2,631 | 13,902 |
| Approval Rate (higher is better) | 53.9% | 79.0% ✓ |
| Denial Rate (lower is better) | 17.7% | 1.5% ✓ |
| Avg Loan Amount | $323,114 | $225,740 |
| Avg Interest Rate (lower is better) | 7.066% | 6.689% ✓ |
| Avg Applicant Income | $38,000 | $37,000 |
| Applications Denied | 862 | 258 |
| Applications Withdrawn | 863 | 2,797 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Centennial Bank | FLAT BRANCH MORTGAGE, |
|---|---|---|
| Conventional | 3,987 (81.7%) | 10,166 (57.7%) |
| FHA | 626 (12.8%) | 4,373 (24.8%) |
| VA | 175 (3.6%) | 1,891 (10.7%) |
| USDA | 90 (1.8%) | 1,176 (6.7%) |
Loan Purpose Breakdown
| Purpose | Centennial Bank | FLAT BRANCH MORTGAGE, |
|---|---|---|
| Home Purchase | 3,901 | 16,173 |
| Home Improvement | 304 | 74 |
| Other | 291 | — |
| Cash-out Refinancing | 251 | 606 |
| Refinancing | 131 | 726 |
Top States by Loan Volume
Summary
- 4,878 total applications · 2,631 originated
- Approval rate: 53.9%
- Denial rate: 17.7%
- Avg loan: $323,114
- Avg rate: 7.066%
- HQ: Conway, AR
- 17,606 total applications · 13,902 originated
- Approval rate: 79.0%
- Denial rate: 1.5%
- Avg loan: $225,740
- Avg rate: 6.689%
- HQ: COLUMBIA, MO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.