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 Bank | SULLIVAN BANK |
|---|---|---|
| Total Applications | 108 | 441 ▲ |
| Loans Originated | 63 | 390 |
| Approval Rate (higher is better) | 58.3% | 88.4% ✓ |
| Denial Rate (lower is better) | 13.9% | 2.7% ✓ |
| Avg Loan Amount | $106,296 | $292,098 |
| Avg Interest Rate (lower is better) | N/A | 7.856% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 15 | 12 |
| Applications Withdrawn | 1 | 1 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Peoples Bank | SULLIVAN BANK |
|---|---|---|
| Conventional | 108 (100.0%) | 430 (97.5%) |
| FHA | — | 5 (1.1%) |
| VA | — | — |
| USDA | — | 6 (1.4%) |
Loan Purpose Breakdown
| Purpose | Peoples Bank | SULLIVAN BANK |
|---|---|---|
| Home Purchase | 63 | 286 |
| Home Improvement | 18 | 11 |
| Refinancing | 15 | 69 |
| Other | 12 | 8 |
| Cash-out Refinancing | — | 67 |
Summary
- 108 total applications · 63 originated
- Approval rate: 58.3%
- Denial rate: 13.9%
- Avg loan: $106,296
- HQ: Cuba, MO
- 441 total applications · 390 originated
- Approval rate: 88.4%
- Denial rate: 2.7%
- Avg loan: $292,098
- Avg rate: 7.856%
- HQ: SULLIVAN, MO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.