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 | FIRST CENTRAL STATE | ASCENTRA CREDIT UNION |
|---|---|---|
| Total Applications | 219 | 1,124 ▲ |
| Loans Originated | 183 | 595 |
| Approval Rate (higher is better) | 83.6% ✓ | 52.9% |
| Denial Rate (lower is better) | 9.1% ✓ | 27.8% |
| Avg Loan Amount | $174,041 | $100,641 |
| Avg Interest Rate (lower is better) | 6.000% ✓ | 7.048% |
| Avg Applicant Income | $20,000 | $36,000 |
| Applications Denied | 20 | 312 |
| Applications Withdrawn | 15 | 207 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST CENTRAL STATE | ASCENTRA CREDIT UNION |
|---|---|---|
| Conventional | 219 (100.0%) | 1,124 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | FIRST CENTRAL STATE | ASCENTRA CREDIT UNION |
|---|---|---|
| Home Purchase | 151 | 489 |
| Refinancing | 47 | 29 |
| Cash-out Refinancing | 10 | 140 |
| Home Improvement | 7 | 15 |
| Other | 4 | 451 |
Summary
- 219 total applications · 183 originated
- Approval rate: 83.6%
- Denial rate: 9.1%
- Avg loan: $174,041
- Avg rate: 6.000%
- HQ: DE WITT, IA
- 1,124 total applications · 595 originated
- Approval rate: 52.9%
- Denial rate: 27.8%
- Avg loan: $100,641
- Avg rate: 7.048%
- HQ: BETTENDORF, IA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.