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 | Firstar Bank | Armstrong Bank |
|---|---|---|
| Total Applications | 1,155 ▲ | 990 |
| Loans Originated | 989 | 708 |
| Approval Rate (higher is better) | 85.6% ✓ | 71.5% |
| Denial Rate (lower is better) | 1.7% ✓ | 7.4% |
| Avg Loan Amount | $209,537 | $201,970 |
| Avg Interest Rate (lower is better) | 6.891% ✓ | 8.160% |
| Avg Applicant Income | $36,000 | $35,000 |
| Applications Denied | 20 | 73 |
| Applications Withdrawn | 141 | 106 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Firstar Bank | Armstrong Bank |
|---|---|---|
| Conventional | 687 (59.5%) | 990 (100.0%) |
| FHA | 290 (25.1%) | — |
| VA | 97 (8.4%) | — |
| USDA | 81 (7.0%) | — |
Loan Purpose Breakdown
| Purpose | Firstar Bank | Armstrong Bank |
|---|---|---|
| Home Purchase | 904 | 384 |
| Refinancing | 204 | 170 |
| Home Improvement | 30 | 280 |
| Other | 15 | 156 |
| Cash-out Refinancing | 2 | — |
Summary
- 1,155 total applications · 989 originated
- Approval rate: 85.6%
- Denial rate: 1.7%
- Avg loan: $209,537
- Avg rate: 6.891%
- HQ: Roland, OK
- 990 total applications · 708 originated
- Approval rate: 71.5%
- Denial rate: 7.4%
- Avg loan: $201,970
- Avg rate: 8.160%
- HQ: Muskogee, OK
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.