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 | BANK OF FRANKEWING |
|---|---|---|
| Total Applications | 306 | 625 ▲ |
| Loans Originated | 238 | 395 |
| Approval Rate (higher is better) | 77.8% ✓ | 63.2% |
| Denial Rate (lower is better) | 3.3% ✓ | 8.5% |
| Avg Loan Amount | $273,072 | $274,520 |
| Avg Interest Rate (lower is better) | N/A | N/A |
| Applications Denied | 10 | 53 |
| Applications Withdrawn | 53 | 150 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST NATIONAL BANK | BANK OF FRANKEWING |
|---|---|---|
| Conventional | 273 (89.2%) | 347 (55.5%) |
| FHA | 14 (4.6%) | 236 (37.8%) |
| VA | 3 (1.0%) | 37 (5.9%) |
| USDA | 16 (5.2%) | 5 (0.8%) |
Loan Purpose Breakdown
| Purpose | FIRST NATIONAL BANK | BANK OF FRANKEWING |
|---|---|---|
| Home Purchase | 179 | 398 |
| Refinancing | 94 | 122 |
| Cash-out Refinancing | 18 | 92 |
| Other | 10 | 8 |
| Home Improvement | 5 | 5 |
Summary
- 306 total applications · 238 originated
- Approval rate: 77.8%
- Denial rate: 3.3%
- Avg loan: $273,072
- HQ: PULASKI, TN
- 625 total applications · 395 originated
- Approval rate: 63.2%
- Denial rate: 8.5%
- Avg loan: $274,520
- HQ: PULASKI, TN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.