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 COMMUNITY | THE BANK OF |
|---|---|---|
| Total Applications | 2,503 ▲ | 1,041 |
| Loans Originated | 1,606 | 754 |
| Approval Rate (higher is better) | 64.2% | 72.4% ✓ |
| Denial Rate (lower is better) | 14.3% | 13.4% ✓ |
| Avg Loan Amount | $200,577 | $236,172 |
| Avg Interest Rate (lower is better) | 7.686% | 7.246% ✓ |
| Avg Applicant Income | $33,000 | $34,000 |
| Applications Denied | 358 | 140 |
| Applications Withdrawn | 488 | 138 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST STATE COMMUNITY | THE BANK OF |
|---|---|---|
| Conventional | 2,297 (91.8%) | 1,021 (98.1%) |
| FHA | 91 (3.6%) | 13 (1.2%) |
| VA | 9 (0.4%) | 2 (0.2%) |
| USDA | 106 (4.2%) | 5 (0.5%) |
Loan Purpose Breakdown
| Purpose | FIRST STATE COMMUNITY | THE BANK OF |
|---|---|---|
| Home Purchase | 1,409 | 500 |
| Home Improvement | 371 | 210 |
| Refinancing | 358 | 151 |
| Other | 270 | 163 |
| Cash-out Refinancing | 95 | 17 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Missouri | 1,600 | #16 |
No state data available.
Summary
- 2,503 total applications · 1,606 originated
- Approval rate: 64.2%
- Denial rate: 14.3%
- Avg loan: $200,577
- Avg rate: 7.686%
- HQ: FARMINGTON, MO
- 1,041 total applications · 754 originated
- Approval rate: 72.4%
- Denial rate: 13.4%
- Avg loan: $236,172
- Avg rate: 7.246%
- HQ: PERRYVILLE, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.