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 HARRISON BANK | CENTRA CREDIT UNION |
|---|---|---|
| Total Applications | 812 | 2,540 ▲ |
| Loans Originated | 619 | 2,019 |
| Approval Rate (higher is better) | 76.2% | 79.5% ✓ |
| Denial Rate (lower is better) | 14.9% | 7.9% ✓ |
| Avg Loan Amount | $157,512 | $114,854 |
| Avg Interest Rate (lower is better) | 6.740% | 6.731% ✓ |
| Avg Applicant Income | $34,000 | $33,000 |
| Applications Denied | 121 | 200 |
| Applications Withdrawn | 62 | 279 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST HARRISON BANK | CENTRA CREDIT UNION |
|---|---|---|
| Conventional | 772 (95.1%) | 2,540 (100.0%) |
| FHA | 35 (4.3%) | — |
| VA | — | — |
| USDA | 5 (0.6%) | — |
Loan Purpose Breakdown
| Purpose | FIRST HARRISON BANK | CENTRA CREDIT UNION |
|---|---|---|
| Home Purchase | 283 | 447 |
| Other | 157 | 850 |
| Home Improvement | 147 | 461 |
| Cash-out Refinancing | 145 | 378 |
| Refinancing | 80 | 404 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Indiana | 1,956 | #20 |
Summary
- 812 total applications · 619 originated
- Approval rate: 76.2%
- Denial rate: 14.9%
- Avg loan: $157,512
- Avg rate: 6.740%
- HQ: GEORGETOWN, IN
- 2,540 total applications · 2,019 originated
- Approval rate: 79.5%
- Denial rate: 7.9%
- Avg loan: $114,854
- Avg rate: 6.731%
- HQ: COLUMBUS, IN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.