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 | CIS Financial Services, | REGIONS BANK |
|---|---|---|
| Total Applications | 704 | 70,436 ▲ |
| Loans Originated | 374 | 29,337 |
| Approval Rate (higher is better) | 53.1% ✓ | 41.7% |
| Denial Rate (lower is better) | 4.1% ✓ | 39.6% |
| Avg Loan Amount | $123,594 | $210,253 |
| Avg Interest Rate (lower is better) | 8.684% | 7.638% ✓ |
| Avg Applicant Income | $33,000 | $36,000 |
| Applications Denied | 29 | 27,880 |
| Applications Withdrawn | 237 | 3,874 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CIS Financial Services, | REGIONS BANK |
|---|---|---|
| Conventional | 624 (88.6%) | 65,732 (93.3%) |
| FHA | 59 (8.4%) | 3,769 (5.4%) |
| VA | 10 (1.4%) | 673 (1.0%) |
| USDA | 11 (1.6%) | 262 (0.4%) |
Loan Purpose Breakdown
| Purpose | CIS Financial Services, | REGIONS BANK |
|---|---|---|
| Home Purchase | 671 | 15,087 |
| Refinancing | 23 | 10,817 |
| Cash-out Refinancing | 10 | 2,707 |
| Home Improvement | — | 23,062 |
| Other | — | 18,762 |
Top States by Loan Volume
Summary
- 704 total applications · 374 originated
- Approval rate: 53.1%
- Denial rate: 4.1%
- Avg loan: $123,594
- Avg rate: 8.684%
- HQ: Hamilton, AL
- 70,436 total applications · 29,337 originated
- Approval rate: 41.7%
- Denial rate: 39.6%
- Avg loan: $210,253
- Avg rate: 7.638%
- HQ: BIRMINGHAM, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.