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 CENTRAL TRUST |
|---|---|---|
| Total Applications | 2,503 | 11,306 ▲ |
| Loans Originated | 1,606 | 7,513 |
| Approval Rate (higher is better) | 64.2% | 66.5% ✓ |
| Denial Rate (lower is better) | 14.3% | 8.9% ✓ |
| Avg Loan Amount | $200,577 | $249,961 |
| Avg Interest Rate (lower is better) | 7.686% | 6.909% ✓ |
| Avg Applicant Income | $33,000 | $35,000 |
| Applications Denied | 358 | 1,012 |
| Applications Withdrawn | 488 | 2,543 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST STATE COMMUNITY | THE CENTRAL TRUST |
|---|---|---|
| Conventional | 2,297 (91.8%) | 9,803 (86.7%) |
| FHA | 91 (3.6%) | 868 (7.7%) |
| VA | 9 (0.4%) | 525 (4.6%) |
| USDA | 106 (4.2%) | 110 (1.0%) |
Loan Purpose Breakdown
| Purpose | FIRST STATE COMMUNITY | THE CENTRAL TRUST |
|---|---|---|
| Home Purchase | 1,409 | 6,417 |
| Home Improvement | 371 | 1,166 |
| Refinancing | 358 | 699 |
| Other | 270 | 1,985 |
| Cash-out Refinancing | 95 | 1,038 |
Top States by Loan Volume
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
- 11,306 total applications · 7,513 originated
- Approval rate: 66.5%
- Denial rate: 8.9%
- Avg loan: $249,961
- Avg rate: 6.909%
- HQ: JEFFERSON CITY, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.