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 | CROSSROADS BANK | PROSPERITY BANK |
|---|---|---|
| Total Applications | 127 | 5,407 ▲ |
| Loans Originated | 105 | 2,451 |
| Approval Rate (higher is better) | 82.7% ✓ | 45.3% |
| Denial Rate (lower is better) | 4.7% ✓ | 25.9% |
| Avg Loan Amount | $156,024 | $560,400 |
| Avg Interest Rate (lower is better) | N/A | 7.538% |
| Avg Applicant Income | N/A | $37,000 |
| Applications Denied | 6 | 1,400 |
| Applications Withdrawn | 6 | 1,053 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CROSSROADS BANK | PROSPERITY BANK |
|---|---|---|
| Conventional | 127 (100.0%) | 5,177 (95.7%) |
| FHA | — | 214 (4.0%) |
| VA | — | 16 (0.3%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | CROSSROADS BANK | PROSPERITY BANK |
|---|---|---|
| Home Purchase | 75 | 3,413 |
| Home Improvement | 29 | 747 |
| Refinancing | 18 | 625 |
| Other | 5 | 448 |
| Cash-out Refinancing | — | 174 |
Summary
- 127 total applications · 105 originated
- Approval rate: 82.7%
- Denial rate: 4.7%
- Avg loan: $156,024
- HQ: Yoakum, TX
- 5,407 total applications · 2,451 originated
- Approval rate: 45.3%
- Denial rate: 25.9%
- Avg loan: $560,400
- Avg rate: 7.538%
- HQ: LAKEWAY, TX
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.