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 | Focus Bank |
|---|---|---|
| Total Applications | 395 ▲ | 271 |
| Loans Originated | 325 | 216 |
| Approval Rate (higher is better) | 82.3% ✓ | 79.7% |
| Denial Rate (lower is better) | 5.8% ✓ | 8.1% |
| Avg Loan Amount | $244,924 | $187,177 |
| Avg Interest Rate (lower is better) | 8.949% | N/A |
| Avg Applicant Income | $36,000 | N/A |
| Applications Denied | 23 | 22 |
| Applications Withdrawn | 0 | 30 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First National Bank | Focus Bank |
|---|---|---|
| Conventional | 388 (98.2%) | 270 (99.6%) |
| FHA | 4 (1.0%) | — |
| VA | 1 (0.3%) | — |
| USDA | 2 (0.5%) | 1 (0.4%) |
Loan Purpose Breakdown
| Purpose | First National Bank | Focus Bank |
|---|---|---|
| Home Purchase | 229 | 156 |
| Refinancing | 77 | 58 |
| Home Improvement | 52 | 36 |
| Other | 36 | 21 |
| Cash-out Refinancing | 1 | — |
Summary
- 395 total applications · 325 originated
- Approval rate: 82.3%
- Denial rate: 5.8%
- Avg loan: $244,924
- Avg rate: 8.949%
- HQ: Paragould, AR
- 271 total applications · 216 originated
- Approval rate: 79.7%
- Denial rate: 8.1%
- Avg loan: $187,177
- HQ: Charleston, MO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.