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 | MNB Bank |
|---|---|---|
| Total Applications | 2,250 ▲ | 145 |
| Loans Originated | 1,580 | 129 |
| Approval Rate (higher is better) | 70.2% | 89.0% ✓ |
| Denial Rate (lower is better) | 7.3% ✓ | 7.6% |
| Avg Loan Amount | $243,689 | $153,138 |
| Avg Interest Rate (lower is better) | 6.713% | N/A |
| Avg Applicant Income | $39,000 | N/A |
| Applications Denied | 165 | 11 |
| Applications Withdrawn | 484 | 5 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Charter West Bank | MNB Bank |
|---|---|---|
| Conventional | 1,274 (56.6%) | 134 (92.4%) |
| FHA | 766 (34.0%) | — |
| VA | 171 (7.6%) | — |
| USDA | 39 (1.7%) | 11 (7.6%) |
Loan Purpose Breakdown
| Purpose | Charter West Bank | MNB Bank |
|---|---|---|
| Home Purchase | 2,017 | 59 |
| Refinancing | 119 | 17 |
| Cash-out Refinancing | 108 | 24 |
| Other | 4 | 20 |
| Home Improvement | 2 | 25 |
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
- 145 total applications · 129 originated
- Approval rate: 89.0%
- Denial rate: 7.6%
- Avg loan: $153,138
- HQ: McCook, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.