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 | Highlands Residential Mortgage, | First Financial Bank |
|---|---|---|
| Total Applications | 9,728 ▲ | 414 |
| Loans Originated | 6,990 | 337 |
| Approval Rate (higher is better) | 71.9% | 81.4% ✓ |
| Denial Rate (lower is better) | 2.1% ✓ | 3.9% |
| Avg Loan Amount | $320,470 | $190,821 |
| Avg Interest Rate (lower is better) | 6.478% ✓ | 6.736% |
| Avg Applicant Income | $39,000 | $34,000 |
| Applications Denied | 208 | 16 |
| Applications Withdrawn | 1,891 | 56 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Highlands Residential Mortgage, | First Financial Bank |
|---|---|---|
| Conventional | 6,379 (65.6%) | 267 (64.5%) |
| FHA | 2,537 (26.1%) | 95 (22.9%) |
| VA | 670 (6.9%) | 34 (8.2%) |
| USDA | 142 (1.5%) | 18 (4.3%) |
Loan Purpose Breakdown
| Purpose | Highlands Residential Mortgage, | First Financial Bank |
|---|---|---|
| Home Purchase | 8,502 | 320 |
| Cash-out Refinancing | 710 | 44 |
| Refinancing | 512 | 32 |
| Other | 4 | 14 |
| Home Improvement | — | 4 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Arkansas | 730 | #16 |
No state data available.
Summary
- 9,728 total applications · 6,990 originated
- Approval rate: 71.9%
- Denial rate: 2.1%
- Avg loan: $320,470
- Avg rate: 6.478%
- HQ: Allen, TX
- 414 total applications · 337 originated
- Approval rate: 81.4%
- Denial rate: 3.9%
- Avg loan: $190,821
- Avg rate: 6.736%
- HQ: EL DORADO, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.