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.

Lender A

Community Bank of Mississippi

Flowood, MS

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Lender B

BankFirst Financial Services

Macon, MS

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Key Metrics

Metric Community Bank of BankFirst Financial Services
Total Applications 4,507 1,569
Loans Originated 3,490 1,270
Approval Rate (higher is better) 77.4% 80.9%
Denial Rate (lower is better) 7.3% 7.9%
Avg Loan Amount $183,853 $213,419
Avg Interest Rate (lower is better) 7.957% 7.492%
Avg Applicant Income $34,000 $35,000
Applications Denied 328 124
Applications Withdrawn 495 142

✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.

Loan Type Mix

Loan Type Community Bank of BankFirst Financial Services
Conventional 4,173 (92.6%) 1,392 (88.7%)
FHA 240 (5.3%) 144 (9.2%)
VA 54 (1.2%) 20 (1.3%)
USDA 40 (0.9%) 13 (0.8%)

Loan Purpose Breakdown

Purpose Community Bank of BankFirst Financial Services
Home Purchase 1,919 699
Refinancing 1,479 521
Other 554 134
Home Improvement 499 189
Cash-out Refinancing 56 26

Top States by Loan Volume

Community Bank of Mississippi
State Originated Rank
Mississippi 2,730 #3
BankFirst Financial Services
State Originated Rank
Mississippi 851 #12

Summary

Community Bank of Mississippi
  • 4,507 total applications · 3,490 originated
  • Approval rate: 77.4%
  • Denial rate: 7.3%
  • Avg loan: $183,853
  • Avg rate: 7.957%
  • HQ: Flowood, MS
BankFirst Financial Services
  • 1,569 total applications · 1,270 originated
  • Approval rate: 80.9%
  • Denial rate: 7.9%
  • Avg loan: $213,419
  • Avg rate: 7.492%
  • HQ: Macon, MS
Data from the CFPB HMDA 2023 Snapshot National Loan-Level Dataset. Approval rates are calculated as originated / total applications. Denial rates are as reported by lenders. This data is for informational purposes only and does not constitute financial advice.

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.