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 | Queensborough National Bank |
|---|---|---|
| Total Applications | 88 | 621 ▲ |
| Loans Originated | 88 | 453 |
| Approval Rate (higher is better) | 100.0% ✓ | 72.9% |
| Denial Rate (lower is better) | 0.0% ✓ | 8.2% |
| Avg Loan Amount | $195,000 | $338,124 |
| Avg Interest Rate (lower is better) | N/A | 6.901% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 0 | 51 |
| Applications Withdrawn | 0 | 93 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First National Bank | Queensborough National Bank |
|---|---|---|
| Conventional | 88 (100.0%) | 496 (79.9%) |
| FHA | — | 44 (7.1%) |
| VA | — | 71 (11.4%) |
| USDA | — | 10 (1.6%) |
Loan Purpose Breakdown
| Purpose | First National Bank | Queensborough National Bank |
|---|---|---|
| Home Purchase | 44 | 520 |
| Refinancing | 29 | 33 |
| Other | 8 | 10 |
| Home Improvement | 7 | 37 |
| Cash-out Refinancing | — | 21 |
Summary
- 88 total applications · 88 originated
- Approval rate: 100.0%
- Denial rate: 0.0%
- Avg loan: $195,000
- HQ: Waynesboro, GA
- 621 total applications · 453 originated
- Approval rate: 72.9%
- Denial rate: 8.2%
- Avg loan: $338,124
- Avg rate: 6.901%
- HQ: Louisville, GA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.