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 of Nebraska | GERSHMAN INVESTMENT CORP. |
|---|---|---|
| Total Applications | 138 | 5,461 ▲ |
| Loans Originated | 119 | 4,060 |
| Approval Rate (higher is better) | 86.2% ✓ | 74.3% |
| Denial Rate (lower is better) | 3.6% ✓ | 5.8% |
| Avg Loan Amount | $181,304 | $239,547 |
| Avg Interest Rate (lower is better) | N/A | 6.217% |
| Avg Applicant Income | N/A | $37,000 |
| Applications Denied | 5 | 315 |
| Applications Withdrawn | 7 | 1,061 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FirstBank of Nebraska | GERSHMAN INVESTMENT CORP. |
|---|---|---|
| Conventional | 136 (98.6%) | 3,229 (59.1%) |
| FHA | — | 1,532 (28.1%) |
| VA | — | 533 (9.8%) |
| USDA | 2 (1.4%) | 167 (3.1%) |
Loan Purpose Breakdown
| Purpose | FirstBank of Nebraska | GERSHMAN INVESTMENT CORP. |
|---|---|---|
| Home Purchase | 87 | 4,854 |
| Other | 29 | — |
| Home Improvement | 11 | — |
| Refinancing | 7 | 353 |
| Cash-out Refinancing | 4 | 254 |
Top States by Loan Volume
Summary
- 138 total applications · 119 originated
- Approval rate: 86.2%
- Denial rate: 3.6%
- Avg loan: $181,304
- HQ: Wahoo, NE
- 5,461 total applications · 4,060 originated
- Approval rate: 74.3%
- Denial rate: 5.8%
- Avg loan: $239,547
- Avg rate: 6.217%
- HQ: CHESTERFIELD, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.