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 | FIRSTBANK | Wilson Bank and |
|---|---|---|
| Total Applications | 21,086 ▲ | 2,303 |
| Loans Originated | 6,413 | 1,472 |
| Approval Rate (higher is better) | 30.4% | 63.9% ✓ |
| Denial Rate (lower is better) | 43.2% | 11.0% ✓ |
| Avg Loan Amount | $184,071 | $371,162 |
| Avg Interest Rate (lower is better) | 7.263% ✓ | 7.786% |
| Avg Applicant Income | $37,000 | $36,000 |
| Applications Denied | 9,112 | 254 |
| Applications Withdrawn | 1,337 | 205 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRSTBANK | Wilson Bank and |
|---|---|---|
| Conventional | 19,693 (93.4%) | 2,246 (97.5%) |
| FHA | 984 (4.7%) | 38 (1.7%) |
| VA | 322 (1.5%) | 10 (0.4%) |
| USDA | 87 (0.4%) | 9 (0.4%) |
Loan Purpose Breakdown
| Purpose | FIRSTBANK | Wilson Bank and |
|---|---|---|
| Home Purchase | 18,657 | 1,093 |
| Other | 1,298 | 544 |
| Refinancing | 571 | 368 |
| Cash-out Refinancing | 485 | 45 |
| Home Improvement | 75 | 253 |
Top States by Loan Volume
Summary
- 21,086 total applications · 6,413 originated
- Approval rate: 30.4%
- Denial rate: 43.2%
- Avg loan: $184,071
- Avg rate: 7.263%
- HQ: LEXINGTON, TN
- 2,303 total applications · 1,472 originated
- Approval rate: 63.9%
- Denial rate: 11.0%
- Avg loan: $371,162
- Avg rate: 7.786%
- HQ: Lebanon, TN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.