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 | Liberty Federal Credit | GERMAN AMERICAN BANK |
|---|---|---|
| Total Applications | 6,132 ▲ | 3,979 |
| Loans Originated | 4,679 | 2,948 |
| Approval Rate (higher is better) | 76.3% ✓ | 74.1% |
| Denial Rate (lower is better) | 7.9% ✓ | 15.7% |
| Avg Loan Amount | $229,232 | $170,057 |
| Avg Interest Rate (lower is better) | 7.380% | 3.652% ✓ |
| Avg Applicant Income | $35,000 | $31,000 |
| Applications Denied | 482 | 624 |
| Applications Withdrawn | 758 | 332 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Liberty Federal Credit | GERMAN AMERICAN BANK |
|---|---|---|
| Conventional | 5,269 (85.9%) | 3,731 (93.8%) |
| FHA | 681 (11.1%) | 163 (4.1%) |
| VA | 116 (1.9%) | 43 (1.1%) |
| USDA | 66 (1.1%) | 42 (1.1%) |
Loan Purpose Breakdown
| Purpose | Liberty Federal Credit | GERMAN AMERICAN BANK |
|---|---|---|
| Home Purchase | 3,405 | 1,279 |
| Cash-out Refinancing | 1,972 | 146 |
| Home Improvement | 529 | 807 |
| Refinancing | 224 | 1,027 |
| Other | — | 720 |
Top States by Loan Volume
Summary
- 6,132 total applications · 4,679 originated
- Approval rate: 76.3%
- Denial rate: 7.9%
- Avg loan: $229,232
- Avg rate: 7.380%
- HQ: Louisville, KY
- 3,979 total applications · 2,948 originated
- Approval rate: 74.1%
- Denial rate: 15.7%
- Avg loan: $170,057
- Avg rate: 3.652%
- HQ: JASPER, IN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.