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 Partners Savings | Peoples National Bank, |
|---|---|---|
| Total Applications | 227 | 581 ▲ |
| Loans Originated | 106 | 454 |
| Approval Rate (higher is better) | 46.7% | 78.1% ✓ |
| Denial Rate (lower is better) | 12.3% | 8.9% ✓ |
| Avg Loan Amount | $98,568 | $184,312 |
| Avg Interest Rate (lower is better) | N/A | 7.087% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 28 | 52 |
| Applications Withdrawn | 12 | 64 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Community Partners Savings | Peoples National Bank, |
|---|---|---|
| Conventional | 209 (92.1%) | 544 (93.6%) |
| FHA | 2 (0.9%) | 7 (1.2%) |
| VA | — | 2 (0.3%) |
| USDA | 16 (7.0%) | 28 (4.8%) |
Loan Purpose Breakdown
| Purpose | Community Partners Savings | Peoples National Bank, |
|---|---|---|
| Home Purchase | 141 | 463 |
| Cash-out Refinancing | 35 | 39 |
| Other | 27 | 18 |
| Refinancing | 17 | 44 |
| Home Improvement | 7 | 17 |
Summary
- 227 total applications · 106 originated
- Approval rate: 46.7%
- Denial rate: 12.3%
- Avg loan: $98,568
- HQ: SALEM, IL
- 581 total applications · 454 originated
- Approval rate: 78.1%
- Denial rate: 8.9%
- Avg loan: $184,312
- Avg rate: 7.087%
- HQ: Mount Vernon, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.