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 | PEOPLESSOUTH BANK |
|---|---|---|
| Total Applications | 248 | 320 ▲ |
| Loans Originated | 246 | 292 |
| Approval Rate (higher is better) | 99.2% ✓ | 91.3% |
| Denial Rate (lower is better) | 0.4% ✓ | 6.9% |
| Avg Loan Amount | $142,177 | $156,781 |
| Avg Interest Rate (lower is better) | N/A | 8.368% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 1 | 22 |
| Applications Withdrawn | 1 | 6 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First State Bank | PEOPLESSOUTH BANK |
|---|---|---|
| Conventional | 248 (100.0%) | 320 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | First State Bank | PEOPLESSOUTH BANK |
|---|---|---|
| Refinancing | 184 | 44 |
| Home Purchase | 58 | 50 |
| Home Improvement | 4 | 20 |
| Other | 2 | 172 |
| Cash-out Refinancing | — | 33 |
Summary
- 248 total applications · 246 originated
- Approval rate: 99.2%
- Denial rate: 0.4%
- Avg loan: $142,177
- HQ: Blakely, GA
- 320 total applications · 292 originated
- Approval rate: 91.3%
- Denial rate: 6.9%
- Avg loan: $156,781
- Avg rate: 8.368%
- HQ: COLQUITT, GA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.