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 | LongView Bank | PROSPECT BANK |
|---|---|---|
| Total Applications | 385 ▲ | 104 |
| Loans Originated | 352 | 92 |
| Approval Rate (higher is better) | 91.4% ✓ | 88.5% |
| Denial Rate (lower is better) | 3.1% | 2.9% ✓ |
| Avg Loan Amount | $185,494 | $166,250 |
| Avg Interest Rate (lower is better) | N/A | N/A |
| Applications Denied | 12 | 3 |
| Applications Withdrawn | 15 | 1 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | LongView Bank | PROSPECT BANK |
|---|---|---|
| Conventional | 384 (99.7%) | 104 (100.0%) |
| FHA | — | — |
| VA | 1 (0.3%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | LongView Bank | PROSPECT BANK |
|---|---|---|
| Home Purchase | 185 | 86 |
| Refinancing | 151 | 10 |
| Other | 37 | 5 |
| Home Improvement | 10 | 1 |
| Cash-out Refinancing | 2 | 2 |
Summary
- 385 total applications · 352 originated
- Approval rate: 91.4%
- Denial rate: 3.1%
- Avg loan: $185,494
- HQ: Newman, IL
- 104 total applications · 92 originated
- Approval rate: 88.5%
- Denial rate: 2.9%
- Avg loan: $166,250
- HQ: PARIS, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.