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 | CITIZENS FIRST BANK | FREEDOM MORTGAGE CORPORATION |
|---|---|---|
| Total Applications | 2,808 | 252,504 ▲ |
| Loans Originated | 2,252 | 57,345 |
| Approval Rate (higher is better) | 80.2% ✓ | 22.7% |
| Denial Rate (lower is better) | 3.7% ✓ | 4.9% |
| Avg Loan Amount | $266,905 | $370,000 |
| Avg Interest Rate (lower is better) | 7.273% | 6.206% ✓ |
| Avg Applicant Income | $37,000 | $40,000 |
| Applications Denied | 103 | 12,324 |
| Applications Withdrawn | 433 | 25,081 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CITIZENS FIRST BANK | FREEDOM MORTGAGE CORPORATION |
|---|---|---|
| Conventional | 2,808 (100.0%) | 30,933 (12.3%) |
| FHA | — | 122,934 (48.7%) |
| VA | — | 97,642 (38.7%) |
| USDA | — | 995 (0.4%) |
Loan Purpose Breakdown
| Purpose | CITIZENS FIRST BANK | FREEDOM MORTGAGE CORPORATION |
|---|---|---|
| Home Purchase | 2,306 | 137,878 |
| Other | 238 | 302 |
| Home Improvement | 130 | — |
| Refinancing | 80 | 50,662 |
| Cash-out Refinancing | 54 | 63,662 |
Top States by Loan Volume
Summary
- 2,808 total applications · 2,252 originated
- Approval rate: 80.2%
- Denial rate: 3.7%
- Avg loan: $266,905
- Avg rate: 7.273%
- HQ: THE VILLAGES, FL
- 252,504 total applications · 57,345 originated
- Approval rate: 22.7%
- Denial rate: 4.9%
- Avg loan: $370,000
- Avg rate: 6.206%
- HQ: BOCA RATON, FL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.