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 | Community 1st Credit | Peoples Savings Bank |
|---|---|---|
| Total Applications | 1,485 ▲ | 78 |
| Loans Originated | 1,089 | 56 |
| Approval Rate (higher is better) | 73.3% ✓ | 71.8% |
| Denial Rate (lower is better) | 8.5% ✓ | 15.4% |
| Avg Loan Amount | $85,633 | $177,436 |
| Avg Interest Rate (lower is better) | 3.787% | N/A |
| Avg Applicant Income | $31,000 | N/A |
| Applications Denied | 126 | 12 |
| Applications Withdrawn | 230 | 5 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Community 1st Credit | Peoples Savings Bank |
|---|---|---|
| Conventional | 1,485 (100.0%) | 78 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Community 1st Credit | Peoples Savings Bank |
|---|---|---|
| Refinancing | 1,064 | 19 |
| Home Purchase | 399 | 36 |
| Home Improvement | 10 | 15 |
| Cash-out Refinancing | 10 | — |
| Other | 1 | 8 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Iowa | 1,084 | #11 |
No state data available.
Summary
- 1,485 total applications · 1,089 originated
- Approval rate: 73.3%
- Denial rate: 8.5%
- Avg loan: $85,633
- Avg rate: 3.787%
- HQ: Ottumwa, IA
- 78 total applications · 56 originated
- Approval rate: 71.8%
- Denial rate: 15.4%
- Avg loan: $177,436
- HQ: Indianola, IA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.