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 | PINNACLE BANK | Charter West Bank |
|---|---|---|
| Total Applications | 3,058 ▲ | 2,250 |
| Loans Originated | 2,573 | 1,580 |
| Approval Rate (higher is better) | 84.1% ✓ | 70.2% |
| Denial Rate (lower is better) | 5.0% ✓ | 7.3% |
| Avg Loan Amount | $266,033 | $243,689 |
| Avg Interest Rate (lower is better) | 7.256% | 6.713% ✓ |
| Avg Applicant Income | $34,000 | $39,000 |
| Applications Denied | 154 | 165 |
| Applications Withdrawn | 300 | 484 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | PINNACLE BANK | Charter West Bank |
|---|---|---|
| Conventional | 2,839 (92.8%) | 1,274 (56.6%) |
| FHA | 136 (4.4%) | 766 (34.0%) |
| VA | 57 (1.9%) | 171 (7.6%) |
| USDA | 26 (0.9%) | 39 (1.7%) |
Loan Purpose Breakdown
| Purpose | PINNACLE BANK | Charter West Bank |
|---|---|---|
| Home Purchase | 1,806 | 2,017 |
| Refinancing | 538 | 119 |
| Home Improvement | 407 | 2 |
| Other | 277 | 4 |
| Cash-out Refinancing | 30 | 108 |
Top States by Loan Volume
Summary
- 3,058 total applications · 2,573 originated
- Approval rate: 84.1%
- Denial rate: 5.0%
- Avg loan: $266,033
- Avg rate: 7.256%
- HQ: LINCOLN, NE
- 2,250 total applications · 1,580 originated
- Approval rate: 70.2%
- Denial rate: 7.3%
- Avg loan: $243,689
- Avg rate: 6.713%
- HQ: West Point, NE
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.