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 | Knoxville TVA Employees |
|---|---|---|
| Total Applications | 6,756 ▲ | 2,223 |
| Loans Originated | 4,936 | 1,756 |
| Approval Rate (higher is better) | 73.1% | 79.0% ✓ |
| Denial Rate (lower is better) | 4.5% ✓ | 5.8% |
| Avg Loan Amount | $297,165 | $123,133 |
| Avg Interest Rate (lower is better) | 6.523% ✓ | 6.842% |
| Avg Applicant Income | $38,000 | $37,000 |
| Applications Denied | 303 | 129 |
| Applications Withdrawn | 1,128 | 179 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | MORTGAGE INVESTORS GROUP | Knoxville TVA Employees |
|---|---|---|
| Conventional | 4,103 (60.7%) | 2,217 (99.7%) |
| FHA | 1,959 (29.0%) | 1 (0.0%) |
| VA | 438 (6.5%) | 1 (0.0%) |
| USDA | 256 (3.8%) | 4 (0.2%) |
Loan Purpose Breakdown
| Purpose | MORTGAGE INVESTORS GROUP | Knoxville TVA Employees |
|---|---|---|
| Home Purchase | 5,791 | 289 |
| Refinancing | 490 | 6 |
| Cash-out Refinancing | 368 | 1,473 |
| Home Improvement | 70 | 409 |
| Other | 35 | 46 |
Top States by Loan Volume
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
- 2,223 total applications · 1,756 originated
- Approval rate: 79.0%
- Denial rate: 5.8%
- Avg loan: $123,133
- Avg rate: 6.842%
- HQ: Knoxville, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.