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 SAVINGS BANK | FIRST HARRISON BANK |
|---|---|---|
| Total Applications | 1,464 ▲ | 812 |
| Loans Originated | 749 | 619 |
| Approval Rate (higher is better) | 51.2% | 76.2% ✓ |
| Denial Rate (lower is better) | 32.7% | 14.9% ✓ |
| Avg Loan Amount | $330,956 | $157,512 |
| Avg Interest Rate (lower is better) | 7.591% | 6.740% ✓ |
| Avg Applicant Income | $36,000 | $34,000 |
| Applications Denied | 479 | 121 |
| Applications Withdrawn | 157 | 62 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST SAVINGS BANK | FIRST HARRISON BANK |
|---|---|---|
| Conventional | 1,463 (99.9%) | 772 (95.1%) |
| FHA | — | 35 (4.3%) |
| VA | — | — |
| USDA | 1 (0.1%) | 5 (0.6%) |
Loan Purpose Breakdown
| Purpose | FIRST SAVINGS BANK | FIRST HARRISON BANK |
|---|---|---|
| Cash-out Refinancing | 930 | 145 |
| Home Purchase | 230 | 283 |
| Refinancing | 139 | 80 |
| Home Improvement | 85 | 147 |
| Other | 80 | 157 |
Summary
- 1,464 total applications · 749 originated
- Approval rate: 51.2%
- Denial rate: 32.7%
- Avg loan: $330,956
- Avg rate: 7.591%
- HQ: JEFFERSONVILLE, IN
- 812 total applications · 619 originated
- Approval rate: 76.2%
- Denial rate: 14.9%
- Avg loan: $157,512
- Avg rate: 6.740%
- HQ: GEORGETOWN, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.