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 NATIONAL BANK | PEOPLESTRUST BANK |
|---|---|---|
| Total Applications | 109 ▲ | 87 |
| Loans Originated | 94 | 77 |
| Approval Rate (higher is better) | 86.2% | 88.5% ✓ |
| Denial Rate (lower is better) | 5.5% ✓ | 9.2% |
| Avg Loan Amount | $135,917 | $125,345 |
| Avg Interest Rate (lower is better) | 8.009% | N/A |
| Avg Applicant Income | $33,000 | N/A |
| Applications Denied | 6 | 8 |
| Applications Withdrawn | 9 | 0 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST NATIONAL BANK | PEOPLESTRUST BANK |
|---|---|---|
| Conventional | 109 (100.0%) | 87 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | FIRST NATIONAL BANK | PEOPLESTRUST BANK |
|---|---|---|
| Home Purchase | 47 | 40 |
| Cash-out Refinancing | 21 | — |
| Refinancing | 20 | 41 |
| Other | 13 | 4 |
| Home Improvement | 8 | 2 |
Summary
- 109 total applications · 94 originated
- Approval rate: 86.2%
- Denial rate: 5.5%
- Avg loan: $135,917
- Avg rate: 8.009%
- HQ: HAMILTON, AL
- 87 total applications · 77 originated
- Approval rate: 88.5%
- Denial rate: 9.2%
- Avg loan: $125,345
- HQ: HAMILTON, AL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.