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 | MidFirst Bank | ARVEST BANK |
|---|---|---|
| Total Applications | 14,527 | 20,066 ▲ |
| Loans Originated | 1,920 | 12,946 |
| Approval Rate (higher is better) | 13.2% | 64.5% ✓ |
| Denial Rate (lower is better) | 2.8% ✓ | 16.2% |
| Avg Loan Amount | $264,321 | $218,617 |
| Avg Interest Rate (lower is better) | 6.233% ✓ | 7.681% |
| Avg Applicant Income | $35,000 | $36,000 |
| Applications Denied | 405 | 3,257 |
| Applications Withdrawn | 235 | 2,961 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | MidFirst Bank | ARVEST BANK |
|---|---|---|
| Conventional | 2,416 (16.6%) | 17,600 (87.7%) |
| FHA | 11,164 (76.9%) | 1,731 (8.6%) |
| VA | 728 (5.0%) | 524 (2.6%) |
| USDA | 219 (1.5%) | 211 (1.1%) |
Loan Purpose Breakdown
| Purpose | MidFirst Bank | ARVEST BANK |
|---|---|---|
| Home Purchase | 6,467 | 9,109 |
| Cash-out Refinancing | 1,244 | 1,873 |
| Refinancing | 734 | 2,199 |
| Other | 479 | 3,268 |
| Home Improvement | 312 | 3,616 |
Top States by Loan Volume
Summary
- 14,527 total applications · 1,920 originated
- Approval rate: 13.2%
- Denial rate: 2.8%
- Avg loan: $264,321
- Avg rate: 6.233%
- HQ: Oklahoma City, OK
- 20,066 total applications · 12,946 originated
- Approval rate: 64.5%
- Denial rate: 16.2%
- Avg loan: $218,617
- Avg rate: 7.681%
- HQ: TULSA, OK
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.