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 | FARMERS BANK & | CREDIT UNION OF |
|---|---|---|
| Total Applications | 2,656 ▲ | 1,852 |
| Loans Originated | 1,284 | 1,001 |
| Approval Rate (higher is better) | 48.3% | 54.0% ✓ |
| Denial Rate (lower is better) | 8.0% ✓ | 26.9% |
| Avg Loan Amount | $451,875 | $113,602 |
| Avg Interest Rate (lower is better) | 6.503% ✓ | 7.939% |
| Avg Applicant Income | $35,000 | $34,000 |
| Applications Denied | 212 | 498 |
| Applications Withdrawn | 1,023 | 84 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FARMERS BANK & | CREDIT UNION OF |
|---|---|---|
| Conventional | 2,565 (96.6%) | 1,772 (95.7%) |
| FHA | — | 58 (3.1%) |
| VA | 85 (3.2%) | 9 (0.5%) |
| USDA | 6 (0.2%) | 13 (0.7%) |
Loan Purpose Breakdown
| Purpose | FARMERS BANK & | CREDIT UNION OF |
|---|---|---|
| Home Purchase | 1,700 | 718 |
| Refinancing | 509 | 274 |
| Other | 226 | 342 |
| Cash-out Refinancing | 219 | 55 |
| Home Improvement | 2 | 463 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Kansas | 992 | #8 |
Summary
- 2,656 total applications · 1,284 originated
- Approval rate: 48.3%
- Denial rate: 8.0%
- Avg loan: $451,875
- Avg rate: 6.503%
- HQ: GREAT BEND, KS
- 1,852 total applications · 1,001 originated
- Approval rate: 54.0%
- Denial rate: 26.9%
- Avg loan: $113,602
- Avg rate: 7.939%
- HQ: WICHITA, KS
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.