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 and | FARMERS BANK & |
|---|---|---|
| Total Applications | 1,094 | 2,656 ▲ |
| Loans Originated | 940 | 1,284 |
| Approval Rate (higher is better) | 85.9% ✓ | 48.3% |
| Denial Rate (lower is better) | 5.4% ✓ | 8.0% |
| Avg Loan Amount | $167,148 | $451,875 |
| Avg Interest Rate (lower is better) | 7.411% | 6.503% ✓ |
| Avg Applicant Income | $33,000 | $35,000 |
| Applications Denied | 59 | 212 |
| Applications Withdrawn | 88 | 1,023 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Peoples Bank and | FARMERS BANK & |
|---|---|---|
| Conventional | 1,083 (99.0%) | 2,565 (96.6%) |
| FHA | 3 (0.3%) | — |
| VA | 2 (0.2%) | 85 (3.2%) |
| USDA | 6 (0.5%) | 6 (0.2%) |
Loan Purpose Breakdown
| Purpose | Peoples Bank and | FARMERS BANK & |
|---|---|---|
| Home Purchase | 649 | 1,700 |
| Refinancing | 203 | 509 |
| Home Improvement | 138 | 2 |
| Other | 67 | 226 |
| Cash-out Refinancing | 37 | 219 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Kansas | 924 | #9 |
No state data available.
Summary
- 1,094 total applications · 940 originated
- Approval rate: 85.9%
- Denial rate: 5.4%
- Avg loan: $167,148
- Avg rate: 7.411%
- HQ: McPherson, KS
- 2,656 total applications · 1,284 originated
- Approval rate: 48.3%
- Denial rate: 8.0%
- Avg loan: $451,875
- Avg rate: 6.503%
- HQ: GREAT BEND, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.