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 | Charter West Bank | Frontier Bank |
|---|---|---|
| Total Applications | 2,250 ▲ | 389 |
| Loans Originated | 1,580 | 351 |
| Approval Rate (higher is better) | 70.2% | 90.2% ✓ |
| Denial Rate (lower is better) | 7.3% | 4.4% ✓ |
| Avg Loan Amount | $243,689 | $291,915 |
| Avg Interest Rate (lower is better) | 6.713% ✓ | 7.634% |
| Avg Applicant Income | $39,000 | $32,000 |
| Applications Denied | 165 | 17 |
| Applications Withdrawn | 484 | 17 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Charter West Bank | Frontier Bank |
|---|---|---|
| Conventional | 1,274 (56.6%) | 383 (98.5%) |
| FHA | 766 (34.0%) | — |
| VA | 171 (7.6%) | 1 (0.3%) |
| USDA | 39 (1.7%) | 5 (1.3%) |
Loan Purpose Breakdown
| Purpose | Charter West Bank | Frontier Bank |
|---|---|---|
| Home Purchase | 2,017 | 246 |
| Refinancing | 119 | 88 |
| Cash-out Refinancing | 108 | 15 |
| Other | 4 | 20 |
| Home Improvement | 2 | 20 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Nebraska | 1,422 | #5 |
No state data available.
Summary
- 2,250 total applications · 1,580 originated
- Approval rate: 70.2%
- Denial rate: 7.3%
- Avg loan: $243,689
- Avg rate: 6.713%
- HQ: West Point, NE
- 389 total applications · 351 originated
- Approval rate: 90.2%
- Denial rate: 4.4%
- Avg loan: $291,915
- Avg rate: 7.634%
- HQ: Omaha, NE
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.