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 | FLAT BRANCH MORTGAGE, |
|---|---|---|
| Total Applications | 210 | 17,606 ▲ |
| Loans Originated | 175 | 13,902 |
| Approval Rate (higher is better) | 83.3% ✓ | 79.0% |
| Denial Rate (lower is better) | 5.2% | 1.5% ✓ |
| Avg Loan Amount | $193,048 | $225,740 |
| Avg Interest Rate (lower is better) | N/A | 6.689% |
| Avg Applicant Income | N/A | $37,000 |
| Applications Denied | 11 | 258 |
| Applications Withdrawn | 9 | 2,797 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First State Bank | FLAT BRANCH MORTGAGE, |
|---|---|---|
| Conventional | 209 (99.5%) | 10,166 (57.7%) |
| FHA | — | 4,373 (24.8%) |
| VA | 1 (0.5%) | 1,891 (10.7%) |
| USDA | — | 1,176 (6.7%) |
Loan Purpose Breakdown
| Purpose | First State Bank | FLAT BRANCH MORTGAGE, |
|---|---|---|
| Home Purchase | 129 | 16,173 |
| Cash-out Refinancing | 40 | 606 |
| Refinancing | 32 | 726 |
| Other | 7 | — |
| Home Improvement | 2 | 74 |
Top States by Loan Volume
Summary
- 210 total applications · 175 originated
- Approval rate: 83.3%
- Denial rate: 5.2%
- Avg loan: $193,048
- HQ: Monticello, IL
- 17,606 total applications · 13,902 originated
- Approval rate: 79.0%
- Denial rate: 1.5%
- Avg loan: $225,740
- Avg rate: 6.689%
- HQ: COLUMBIA, MO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.