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 | CITY BANK | Abilene Teachers FCU |
|---|---|---|
| Total Applications | 1,900 ▲ | 262 |
| Loans Originated | 1,276 | 168 |
| Approval Rate (higher is better) | 67.2% ✓ | 64.1% |
| Denial Rate (lower is better) | 11.3% ✓ | 23.7% |
| Avg Loan Amount | $319,737 | $94,733 |
| Avg Interest Rate (lower is better) | 7.080% ✓ | 7.455% |
| Avg Applicant Income | $38,000 | $33,000 |
| Applications Denied | 215 | 62 |
| Applications Withdrawn | 360 | 20 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CITY BANK | Abilene Teachers FCU |
|---|---|---|
| Conventional | 1,504 (79.2%) | 262 (100.0%) |
| FHA | 247 (13.0%) | — |
| VA | 145 (7.6%) | — |
| USDA | 4 (0.2%) | — |
Loan Purpose Breakdown
| Purpose | CITY BANK | Abilene Teachers FCU |
|---|---|---|
| Home Purchase | 1,455 | — |
| Cash-out Refinancing | 158 | 209 |
| Refinancing | 107 | — |
| Other | 102 | 53 |
| Home Improvement | 78 | — |
Summary
- 1,900 total applications · 1,276 originated
- Approval rate: 67.2%
- Denial rate: 11.3%
- Avg loan: $319,737
- Avg rate: 7.080%
- HQ: LUBBOCK, TX
- 262 total applications · 168 originated
- Approval rate: 64.1%
- Denial rate: 23.7%
- Avg loan: $94,733
- Avg rate: 7.455%
- HQ: Abilene, TX
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.