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 State Bank | EUREKA SAVINGS BANK |
|---|---|---|
| Total Applications | 461 ▲ | 167 |
| Loans Originated | 384 | 141 |
| Approval Rate (higher is better) | 83.3% | 84.4% ✓ |
| Denial Rate (lower is better) | 8.5% | 6.0% ✓ |
| Avg Loan Amount | $211,876 | $111,707 |
| Avg Interest Rate (lower is better) | 7.401% | N/A |
| Avg Applicant Income | $33,000 | N/A |
| Applications Denied | 39 | 10 |
| Applications Withdrawn | 28 | 10 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First State Bank | EUREKA SAVINGS BANK |
|---|---|---|
| Conventional | 461 (100.0%) | 167 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | First State Bank | EUREKA SAVINGS BANK |
|---|---|---|
| Home Purchase | 289 | 92 |
| Refinancing | 83 | 10 |
| Other | 51 | 21 |
| Home Improvement | 29 | 21 |
| Cash-out Refinancing | 9 | 23 |
Summary
- 461 total applications · 384 originated
- Approval rate: 83.3%
- Denial rate: 8.5%
- Avg loan: $211,876
- Avg rate: 7.401%
- HQ: Mendota, IL
- 167 total applications · 141 originated
- Approval rate: 84.4%
- Denial rate: 6.0%
- Avg loan: $111,707
- HQ: LA SALLE, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.