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 | EXCHANGE BANK | FIVE POINTS BANK |
|---|---|---|
| Total Applications | 590 ▲ | 339 |
| Loans Originated | 526 | 308 |
| Approval Rate (higher is better) | 89.2% | 90.9% ✓ |
| Denial Rate (lower is better) | 1.7% ✓ | 2.6% |
| Avg Loan Amount | $204,034 | $217,242 |
| Avg Interest Rate (lower is better) | 7.396% | N/A |
| Avg Applicant Income | $36,000 | N/A |
| Applications Denied | 10 | 9 |
| Applications Withdrawn | 49 | 22 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | EXCHANGE BANK | FIVE POINTS BANK |
|---|---|---|
| Conventional | 489 (82.9%) | 339 (100.0%) |
| FHA | — | — |
| VA | 101 (17.1%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | EXCHANGE BANK | FIVE POINTS BANK |
|---|---|---|
| Home Purchase | 455 | 202 |
| Refinancing | 83 | 39 |
| Home Improvement | 27 | 38 |
| Cash-out Refinancing | 13 | 36 |
| Other | 12 | 24 |
Summary
- 590 total applications · 526 originated
- Approval rate: 89.2%
- Denial rate: 1.7%
- Avg loan: $204,034
- Avg rate: 7.396%
- HQ: Kearney, NE
- 339 total applications · 308 originated
- Approval rate: 90.9%
- Denial rate: 2.6%
- Avg loan: $217,242
- HQ: GRAND ISLAND, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.