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 | Morton Community Bank | CITIZENS EQUITY FIRST |
|---|---|---|
| Total Applications | 1,566 | 4,799 ▲ |
| Loans Originated | 1,266 | 3,063 |
| Approval Rate (higher is better) | 80.8% ✓ | 63.8% |
| Denial Rate (lower is better) | 9.5% ✓ | 12.7% |
| Avg Loan Amount | $148,174 | $132,589 |
| Avg Interest Rate (lower is better) | 7.550% ✓ | 7.576% |
| Avg Applicant Income | $33,000 | $32,000 |
| Applications Denied | 149 | 611 |
| Applications Withdrawn | 102 | 1,032 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Morton Community Bank | CITIZENS EQUITY FIRST |
|---|---|---|
| Conventional | 1,566 (100.0%) | 4,797 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | 2 (0.0%) |
Loan Purpose Breakdown
| Purpose | Morton Community Bank | CITIZENS EQUITY FIRST |
|---|---|---|
| Home Purchase | 716 | 1,647 |
| Home Improvement | 321 | 1,287 |
| Refinancing | 291 | 483 |
| Other | 214 | 1,153 |
| Cash-out Refinancing | 24 | 229 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Illinois | 2,579 | #17 |
Summary
- 1,566 total applications · 1,266 originated
- Approval rate: 80.8%
- Denial rate: 9.5%
- Avg loan: $148,174
- Avg rate: 7.550%
- HQ: Morton, IL
- 4,799 total applications · 3,063 originated
- Approval rate: 63.8%
- Denial rate: 12.7%
- Avg loan: $132,589
- Avg rate: 7.576%
- HQ: PEORIA, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.