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 | HOMELAND COMMUNITY BANK | FIRST NATIONAL BANK |
|---|---|---|
| Total Applications | 136 | 576 ▲ |
| Loans Originated | 117 | 467 |
| Approval Rate (higher is better) | 86.0% ✓ | 81.1% |
| Denial Rate (lower is better) | 8.1% ✓ | 9.6% |
| Avg Loan Amount | $130,441 | $337,622 |
| Avg Interest Rate (lower is better) | N/A | 6.719% |
| Avg Applicant Income | N/A | $39,000 |
| Applications Denied | 11 | 55 |
| Applications Withdrawn | 6 | 52 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | HOMELAND COMMUNITY BANK | FIRST NATIONAL BANK |
|---|---|---|
| Conventional | 134 (98.5%) | 333 (57.8%) |
| FHA | 2 (1.5%) | 174 (30.2%) |
| VA | — | 44 (7.6%) |
| USDA | — | 25 (4.3%) |
Loan Purpose Breakdown
| Purpose | HOMELAND COMMUNITY BANK | FIRST NATIONAL BANK |
|---|---|---|
| Refinancing | 67 | 61 |
| Home Purchase | 42 | 472 |
| Home Improvement | 14 | 9 |
| Other | 11 | 8 |
| Cash-out Refinancing | 2 | 26 |
Summary
- 136 total applications · 117 originated
- Approval rate: 86.0%
- Denial rate: 8.1%
- Avg loan: $130,441
- HQ: McMinnville, TN
- 576 total applications · 467 originated
- Approval rate: 81.1%
- Denial rate: 9.6%
- Avg loan: $337,622
- Avg rate: 6.719%
- HQ: MCMINNVILLE, TN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.