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 | CORNERSTONE BANK | Charter West Bank |
|---|---|---|
| Total Applications | 289 | 2,250 ▲ |
| Loans Originated | 130 | 1,580 |
| Approval Rate (higher is better) | 45.0% | 70.2% ✓ |
| Denial Rate (lower is better) | 16.6% | 7.3% ✓ |
| Avg Loan Amount | $139,360 | $243,689 |
| Avg Interest Rate (lower is better) | N/A | 6.713% |
| Avg Applicant Income | N/A | $39,000 |
| Applications Denied | 48 | 165 |
| Applications Withdrawn | 4 | 484 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CORNERSTONE BANK | Charter West Bank |
|---|---|---|
| Conventional | 278 (96.2%) | 1,274 (56.6%) |
| FHA | — | 766 (34.0%) |
| VA | 2 (0.7%) | 171 (7.6%) |
| USDA | 9 (3.1%) | 39 (1.7%) |
Loan Purpose Breakdown
| Purpose | CORNERSTONE BANK | Charter West Bank |
|---|---|---|
| Home Purchase | 147 | 2,017 |
| Refinancing | 62 | 119 |
| Other | 37 | 4 |
| Home Improvement | 31 | 2 |
| Cash-out Refinancing | 11 | 108 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Nebraska | 1,422 | #5 |
Summary
- 289 total applications · 130 originated
- Approval rate: 45.0%
- Denial rate: 16.6%
- Avg loan: $139,360
- HQ: YORK, NE
- 2,250 total applications · 1,580 originated
- Approval rate: 70.2%
- Denial rate: 7.3%
- Avg loan: $243,689
- Avg rate: 6.713%
- HQ: West Point, NE
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.