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 | HNB First Bank | PEOPLESSOUTH BANK |
|---|---|---|
| Total Applications | 101 | 320 ▲ |
| Loans Originated | 88 | 292 |
| Approval Rate (higher is better) | 87.1% | 91.3% ✓ |
| Denial Rate (lower is better) | 5.0% ✓ | 6.9% |
| Avg Loan Amount | $112,228 | $156,781 |
| Avg Interest Rate (lower is better) | N/A | 8.368% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 5 | 22 |
| Applications Withdrawn | 1 | 6 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | HNB First Bank | PEOPLESSOUTH BANK |
|---|---|---|
| Conventional | 101 (100.0%) | 320 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | HNB First Bank | PEOPLESSOUTH BANK |
|---|---|---|
| Home Purchase | 62 | 50 |
| Refinancing | 17 | 44 |
| Home Improvement | 13 | 20 |
| Other | 9 | 172 |
| Cash-out Refinancing | — | 33 |
Summary
- 101 total applications · 88 originated
- Approval rate: 87.1%
- Denial rate: 5.0%
- Avg loan: $112,228
- HQ: Headland, AL
- 320 total applications · 292 originated
- Approval rate: 91.3%
- Denial rate: 6.9%
- Avg loan: $156,781
- Avg rate: 8.368%
- HQ: COLQUITT, GA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.