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 | SOUTH CENTRAL BANK |
|---|---|---|
| Total Applications | 538 | 1,675 ▲ |
| Loans Originated | 475 | 1,300 |
| Approval Rate (higher is better) | 88.3% ✓ | 77.6% |
| Denial Rate (lower is better) | 3.9% ✓ | 7.7% |
| Avg Loan Amount | $168,625 | $194,499 |
| Avg Interest Rate (lower is better) | 8.116% | 7.733% ✓ |
| Avg Applicant Income | $32,000 | $34,000 |
| Applications Denied | 21 | 129 |
| Applications Withdrawn | 42 | 244 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST SOUTHERN NATIONAL | SOUTH CENTRAL BANK |
|---|---|---|
| Conventional | 538 (100.0%) | 1,417 (84.6%) |
| FHA | — | 168 (10.0%) |
| VA | — | 62 (3.7%) |
| USDA | — | 28 (1.7%) |
Loan Purpose Breakdown
| Purpose | FIRST SOUTHERN NATIONAL | SOUTH CENTRAL BANK |
|---|---|---|
| Home Purchase | 197 | 729 |
| Refinancing | 163 | 384 |
| Other | 97 | 251 |
| Home Improvement | 81 | 206 |
| Cash-out Refinancing | — | 105 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Kentucky | 1,248 | #14 |
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
- 1,675 total applications · 1,300 originated
- Approval rate: 77.6%
- Denial rate: 7.7%
- Avg loan: $194,499
- Avg rate: 7.733%
- HQ: Glasgow, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.