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 Southwest | Centennial Bank |
|---|---|---|
| Total Applications | 428 | 4,878 ▲ |
| Loans Originated | 330 | 2,631 |
| Approval Rate (higher is better) | 77.1% ✓ | 53.9% |
| Denial Rate (lower is better) | 10.5% ✓ | 17.7% |
| Avg Loan Amount | $164,626 | $323,114 |
| Avg Interest Rate (lower is better) | N/A | 7.066% |
| Avg Applicant Income | N/A | $38,000 |
| Applications Denied | 45 | 862 |
| Applications Withdrawn | 46 | 863 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FirstBank Southwest | Centennial Bank |
|---|---|---|
| Conventional | 384 (89.7%) | 3,987 (81.7%) |
| FHA | 43 (10.0%) | 626 (12.8%) |
| VA | — | 175 (3.6%) |
| USDA | 1 (0.2%) | 90 (1.8%) |
Loan Purpose Breakdown
| Purpose | FirstBank Southwest | Centennial Bank |
|---|---|---|
| Home Purchase | 240 | 3,901 |
| Refinancing | 127 | 131 |
| Home Improvement | 37 | 304 |
| Other | 20 | 291 |
| Cash-out Refinancing | 4 | 251 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Arkansas | 1,281 | #5 |
Summary
- 428 total applications · 330 originated
- Approval rate: 77.1%
- Denial rate: 10.5%
- Avg loan: $164,626
- HQ: Amarillo, TX
- 4,878 total applications · 2,631 originated
- Approval rate: 53.9%
- Denial rate: 17.7%
- Avg loan: $323,114
- Avg rate: 7.066%
- HQ: Conway, AR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.