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 of | Traditional Bank Inc |
|---|---|---|
| Total Applications | 220 | 911 ▲ |
| Loans Originated | 165 | 749 |
| Approval Rate (higher is better) | 75.0% | 82.2% ✓ |
| Denial Rate (lower is better) | 15.4% | 7.6% ✓ |
| Avg Loan Amount | $162,727 | $221,378 |
| Avg Interest Rate (lower is better) | N/A | 7.795% |
| Avg Applicant Income | N/A | $33,000 |
| Applications Denied | 34 | 69 |
| Applications Withdrawn | 20 | 80 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Peoples Bank of | Traditional Bank Inc |
|---|---|---|
| Conventional | 220 (100.0%) | 843 (92.5%) |
| FHA | — | 53 (5.8%) |
| VA | — | 9 (1.0%) |
| USDA | — | 6 (0.7%) |
Loan Purpose Breakdown
| Purpose | Peoples Bank of | Traditional Bank Inc |
|---|---|---|
| Home Purchase | 125 | 418 |
| Refinancing | 58 | 214 |
| Home Improvement | 27 | 127 |
| Other | 10 | 150 |
| Cash-out Refinancing | — | 2 |
Summary
- 220 total applications · 165 originated
- Approval rate: 75.0%
- Denial rate: 15.4%
- Avg loan: $162,727
- HQ: Flemingsburg, KY
- 911 total applications · 749 originated
- Approval rate: 82.2%
- Denial rate: 7.6%
- Avg loan: $221,378
- Avg rate: 7.795%
- HQ: Mt Sterling, KY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.