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 | GMFS, LLC | GUARANTY BANK & |
|---|---|---|
| Total Applications | 8,161 ▲ | 299 |
| Loans Originated | 6,012 | 260 |
| Approval Rate (higher is better) | 73.7% | 87.0% ✓ |
| Denial Rate (lower is better) | 3.3% ✓ | 4.3% |
| Avg Loan Amount | $280,189 | $140,753 |
| Avg Interest Rate (lower is better) | 6.624% | N/A |
| Avg Applicant Income | $37,000 | N/A |
| Applications Denied | 266 | 13 |
| Applications Withdrawn | 1,596 | 15 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | GMFS, LLC | GUARANTY BANK & |
|---|---|---|
| Conventional | 4,860 (59.6%) | 299 (100.0%) |
| FHA | 2,151 (26.4%) | — |
| VA | 451 (5.5%) | — |
| USDA | 699 (8.6%) | — |
Loan Purpose Breakdown
| Purpose | GMFS, LLC | GUARANTY BANK & |
|---|---|---|
| Home Purchase | 5,883 | 152 |
| Refinancing | 1,505 | 127 |
| Cash-out Refinancing | 563 | — |
| Home Improvement | 144 | 15 |
| Other | 64 | 5 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Louisiana | 3,284 | #2 |
No state data available.
Summary
- 8,161 total applications · 6,012 originated
- Approval rate: 73.7%
- Denial rate: 3.3%
- Avg loan: $280,189
- Avg rate: 6.624%
- HQ: BATON ROUGE, LA
- 299 total applications · 260 originated
- Approval rate: 87.0%
- Denial rate: 4.3%
- Avg loan: $140,753
- HQ: DELHI, LA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.