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 | GERMAN AMERICAN BANK | First Financial Bank |
|---|---|---|
| Total Applications | 3,979 | 10,033 ▲ |
| Loans Originated | 2,948 | 6,448 |
| Approval Rate (higher is better) | 74.1% ✓ | 64.3% |
| Denial Rate (lower is better) | 15.7% ✓ | 27.7% |
| Avg Loan Amount | $170,057 | $189,978 |
| Avg Interest Rate (lower is better) | 3.652% ✓ | 6.324% |
| Avg Applicant Income | $31,000 | $36,000 |
| Applications Denied | 624 | 2,779 |
| Applications Withdrawn | 332 | 688 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | GERMAN AMERICAN BANK | First Financial Bank |
|---|---|---|
| Conventional | 3,731 (93.8%) | 9,763 (97.3%) |
| FHA | 163 (4.1%) | 210 (2.1%) |
| VA | 43 (1.1%) | 40 (0.4%) |
| USDA | 42 (1.1%) | 20 (0.2%) |
Loan Purpose Breakdown
| Purpose | GERMAN AMERICAN BANK | First Financial Bank |
|---|---|---|
| Home Purchase | 1,279 | 3,785 |
| Refinancing | 1,027 | 263 |
| Home Improvement | 807 | 1,659 |
| Other | 720 | 2,409 |
| Cash-out Refinancing | 146 | 1,917 |
Top States by Loan Volume
Summary
- 3,979 total applications · 2,948 originated
- Approval rate: 74.1%
- Denial rate: 15.7%
- Avg loan: $170,057
- Avg rate: 3.652%
- HQ: JASPER, IN
- 10,033 total applications · 6,448 originated
- Approval rate: 64.3%
- Denial rate: 27.7%
- Avg loan: $189,978
- Avg rate: 6.324%
- HQ: Cincinnati, OH
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.