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 | MORTGAGE INVESTORS GROUP | CITIZES BANK & |
|---|---|---|
| Total Applications | 6,756 ▲ | 69 |
| Loans Originated | 4,936 | 60 |
| Approval Rate (higher is better) | 73.1% | 87.0% ✓ |
| Denial Rate (lower is better) | 4.5% | 4.3% ✓ |
| Avg Loan Amount | $297,165 | $216,159 |
| Avg Interest Rate (lower is better) | 6.523% | N/A |
| Avg Applicant Income | $38,000 | N/A |
| Applications Denied | 303 | 3 |
| Applications Withdrawn | 1,128 | 2 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | MORTGAGE INVESTORS GROUP | CITIZES BANK & |
|---|---|---|
| Conventional | 4,103 (60.7%) | 69 (100.0%) |
| FHA | 1,959 (29.0%) | — |
| VA | 438 (6.5%) | — |
| USDA | 256 (3.8%) | — |
Loan Purpose Breakdown
| Purpose | MORTGAGE INVESTORS GROUP | CITIZES BANK & |
|---|---|---|
| Home Purchase | 5,791 | 41 |
| Refinancing | 490 | 8 |
| Cash-out Refinancing | 368 | — |
| Home Improvement | 70 | 6 |
| Other | 35 | 14 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Tennessee | 3,769 | #5 |
No state data available.
Summary
- 6,756 total applications · 4,936 originated
- Approval rate: 73.1%
- Denial rate: 4.5%
- Avg loan: $297,165
- Avg rate: 6.523%
- HQ: KNOXVILLE, TN
- 69 total applications · 60 originated
- Approval rate: 87.0%
- Denial rate: 4.3%
- Avg loan: $216,159
- HQ: RUTLEDGE, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.