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 State Bank | Farmers and Merchants |
|---|---|---|
| Total Applications | 417 | 948 ▲ |
| Loans Originated | 305 | 674 |
| Approval Rate (higher is better) | 73.1% ✓ | 71.1% |
| Denial Rate (lower is better) | 18.7% | 13.8% ✓ |
| Avg Loan Amount | $109,245 | $257,985 |
| Avg Interest Rate (lower is better) | 6.566% | 6.522% ✓ |
| Avg Applicant Income | $33,000 | $34,000 |
| Applications Denied | 78 | 131 |
| Applications Withdrawn | 26 | 124 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Community State Bank | Farmers and Merchants |
|---|---|---|
| Conventional | 417 (100.0%) | 910 (96.0%) |
| FHA | — | 23 (2.4%) |
| VA | — | 9 (0.9%) |
| USDA | — | 6 (0.6%) |
Loan Purpose Breakdown
| Purpose | Community State Bank | Farmers and Merchants |
|---|---|---|
| Home Purchase | 119 | 501 |
| Home Improvement | 112 | 143 |
| Other | 109 | 130 |
| Refinancing | 77 | 156 |
| Cash-out Refinancing | — | 18 |
Summary
- 417 total applications · 305 originated
- Approval rate: 73.1%
- Denial rate: 18.7%
- Avg loan: $109,245
- Avg rate: 6.566%
- HQ: Orbisonia, PA
- 948 total applications · 674 originated
- Approval rate: 71.1%
- Denial rate: 13.8%
- Avg loan: $257,985
- Avg rate: 6.522%
- HQ: Chambersburg, PA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.