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 | LEADERS CREDIT UNION | FIRST CITIZENS NATIONAL |
|---|---|---|
| Total Applications | 2,055 ▲ | 1,048 |
| Loans Originated | 1,336 | 718 |
| Approval Rate (higher is better) | 65.0% | 68.5% ✓ |
| Denial Rate (lower is better) | 18.9% | 15.9% ✓ |
| Avg Loan Amount | $159,165 | $250,544 |
| Avg Interest Rate (lower is better) | 6.997% ✓ | 7.288% |
| Avg Applicant Income | $35,000 | $34,000 |
| Applications Denied | 389 | 167 |
| Applications Withdrawn | 288 | 113 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | LEADERS CREDIT UNION | FIRST CITIZENS NATIONAL |
|---|---|---|
| Conventional | 1,594 (77.6%) | 946 (90.3%) |
| FHA | 270 (13.1%) | 48 (4.6%) |
| VA | 66 (3.2%) | 19 (1.8%) |
| USDA | 125 (6.1%) | 35 (3.3%) |
Loan Purpose Breakdown
| Purpose | LEADERS CREDIT UNION | FIRST CITIZENS NATIONAL |
|---|---|---|
| Home Purchase | 1,040 | 470 |
| Home Improvement | 350 | 66 |
| Refinancing | 300 | 191 |
| Other | 250 | 294 |
| Cash-out Refinancing | 115 | 27 |
Summary
- 2,055 total applications · 1,336 originated
- Approval rate: 65.0%
- Denial rate: 18.9%
- Avg loan: $159,165
- Avg rate: 6.997%
- HQ: JACKSON, TN
- 1,048 total applications · 718 originated
- Approval rate: 68.5%
- Denial rate: 15.9%
- Avg loan: $250,544
- Avg rate: 7.288%
- HQ: DYERSBURG, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.