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 | FARM CREDIT MID-AMERICA, | CARDINAL FINANCIAL COMPANY, |
|---|---|---|
| Total Applications | 5,902 | 30,212 ▲ |
| Loans Originated | 4,311 | 15,327 |
| Approval Rate (higher is better) | 73.0% ✓ | 50.7% |
| Denial Rate (lower is better) | 10.4% | 6.7% ✓ |
| Avg Loan Amount | $381,886 | $300,768 |
| Avg Interest Rate (lower is better) | 7.103% | 6.538% ✓ |
| Avg Applicant Income | $33,000 | $42,000 |
| Applications Denied | 616 | 2,020 |
| Applications Withdrawn | 876 | 902 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FARM CREDIT MID-AMERICA, | CARDINAL FINANCIAL COMPANY, |
|---|---|---|
| Conventional | 5,902 (100.0%) | 14,474 (47.9%) |
| FHA | — | 12,836 (42.5%) |
| VA | — | 2,676 (8.9%) |
| USDA | — | 226 (0.7%) |
Loan Purpose Breakdown
| Purpose | FARM CREDIT MID-AMERICA, | CARDINAL FINANCIAL COMPANY, |
|---|---|---|
| Home Purchase | 4,773 | 25,281 |
| Refinancing | 602 | 1,679 |
| Home Improvement | 344 | 22 |
| Other | 183 | 701 |
| Cash-out Refinancing | — | 2,529 |
Summary
- 5,902 total applications · 4,311 originated
- Approval rate: 73.0%
- Denial rate: 10.4%
- Avg loan: $381,886
- Avg rate: 7.103%
- HQ: LOUISVILLE, KY
- 30,212 total applications · 15,327 originated
- Approval rate: 50.7%
- Denial rate: 6.7%
- Avg loan: $300,768
- Avg rate: 6.538%
- HQ: CHARLOTTE, NC
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.