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 SOUTHERN NATIONAL | Farmers Bank and |
|---|---|---|
| Total Applications | 538 ▲ | 275 |
| Loans Originated | 475 | 229 |
| Approval Rate (higher is better) | 88.3% ✓ | 83.3% |
| Denial Rate (lower is better) | 3.9% ✓ | 9.8% |
| Avg Loan Amount | $168,625 | $241,400 |
| Avg Interest Rate (lower is better) | 8.116% | N/A |
| Avg Applicant Income | $32,000 | N/A |
| Applications Denied | 21 | 27 |
| Applications Withdrawn | 42 | 8 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST SOUTHERN NATIONAL | Farmers Bank and |
|---|---|---|
| Conventional | 538 (100.0%) | 275 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | FIRST SOUTHERN NATIONAL | Farmers Bank and |
|---|---|---|
| Home Purchase | 197 | 168 |
| Refinancing | 163 | 74 |
| Other | 97 | 14 |
| Home Improvement | 81 | 19 |
Summary
- 538 total applications · 475 originated
- Approval rate: 88.3%
- Denial rate: 3.9%
- Avg loan: $168,625
- Avg rate: 8.116%
- HQ: STANFORD, KY
- 275 total applications · 229 originated
- Approval rate: 83.3%
- Denial rate: 9.8%
- Avg loan: $241,400
- HQ: Marion, KY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.