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 | PEOPLES BANIK OF | FIRST FEDERAL BANK |
|---|---|---|
| Total Applications | 42 | 1,877 ▲ |
| Loans Originated | 42 | 1,353 |
| Approval Rate (higher is better) | 100.0% ✓ | 72.1% |
| Denial Rate (lower is better) | 0.0% ✓ | 4.3% |
| Avg Loan Amount | $105,476 | $246,311 |
| Avg Interest Rate (lower is better) | 7.685% | 6.361% ✓ |
| Avg Applicant Income | $32,000 | $36,000 |
| Applications Denied | 0 | 81 |
| Applications Withdrawn | 0 | 416 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | PEOPLES BANIK OF | FIRST FEDERAL BANK |
|---|---|---|
| Conventional | 42 (100.0%) | 1,044 (55.6%) |
| FHA | — | 677 (36.1%) |
| VA | — | 99 (5.3%) |
| USDA | — | 57 (3.0%) |
Loan Purpose Breakdown
| Purpose | PEOPLES BANIK OF | FIRST FEDERAL BANK |
|---|---|---|
| Refinancing | 19 | 82 |
| Home Purchase | 18 | 1,705 |
| Home Improvement | 4 | — |
| Other | 1 | 8 |
| Cash-out Refinancing | — | 79 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Alabama | 1,315 | #20 |
Summary
- 42 total applications · 42 originated
- Approval rate: 100.0%
- Denial rate: 0.0%
- Avg loan: $105,476
- Avg rate: 7.685%
- HQ: GREENSBORO, AL
- 1,877 total applications · 1,353 originated
- Approval rate: 72.1%
- Denial rate: 4.3%
- Avg loan: $246,311
- Avg rate: 6.361%
- HQ: TUSCALOOSA, AL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.