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 | Outdoor Bank | Equity Bank |
|---|---|---|
| Total Applications | 185 | 1,564 ▲ |
| Loans Originated | 168 | 1,073 |
| Approval Rate (higher is better) | 90.8% ✓ | 68.6% |
| Denial Rate (lower is better) | 3.8% ✓ | 16.9% |
| Avg Loan Amount | $311,486 | $162,334 |
| Avg Interest Rate (lower is better) | N/A | 7.337% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 7 | 265 |
| Applications Withdrawn | 10 | 141 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Outdoor Bank | Equity Bank |
|---|---|---|
| Conventional | 185 (100.0%) | 1,507 (96.4%) |
| FHA | — | 36 (2.3%) |
| VA | — | 2 (0.1%) |
| USDA | — | 19 (1.2%) |
Loan Purpose Breakdown
| Purpose | Outdoor Bank | Equity Bank |
|---|---|---|
| Refinancing | 106 | 449 |
| Home Purchase | 63 | 495 |
| Home Improvement | 14 | 405 |
| Other | 2 | 167 |
| Cash-out Refinancing | — | 48 |
Summary
- 185 total applications · 168 originated
- Approval rate: 90.8%
- Denial rate: 3.8%
- Avg loan: $311,486
- HQ: Manhattan, KS
- 1,564 total applications · 1,073 originated
- Approval rate: 68.6%
- Denial rate: 16.9%
- Avg loan: $162,334
- Avg rate: 7.337%
- HQ: Wichita, KS
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.