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 | Planters Bank and | Community Bank of |
|---|---|---|
| Total Applications | 527 | 4,507 ▲ |
| Loans Originated | 407 | 3,490 |
| Approval Rate (higher is better) | 77.2% | 77.4% ✓ |
| Denial Rate (lower is better) | 13.5% | 7.3% ✓ |
| Avg Loan Amount | $124,355 | $183,853 |
| Avg Interest Rate (lower is better) | 8.782% | 7.957% ✓ |
| Avg Applicant Income | $35,000 | $34,000 |
| Applications Denied | 71 | 328 |
| Applications Withdrawn | 43 | 495 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Planters Bank and | Community Bank of |
|---|---|---|
| Conventional | 523 (99.2%) | 4,173 (92.6%) |
| FHA | 1 (0.2%) | 240 (5.3%) |
| VA | — | 54 (1.2%) |
| USDA | 3 (0.6%) | 40 (0.9%) |
Loan Purpose Breakdown
| Purpose | Planters Bank and | Community Bank of |
|---|---|---|
| Refinancing | 234 | 1,479 |
| Home Purchase | 186 | 1,919 |
| Home Improvement | 67 | 499 |
| Other | 29 | 554 |
| Cash-out Refinancing | 11 | 56 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Mississippi | 2,730 | #3 |
Summary
- 527 total applications · 407 originated
- Approval rate: 77.2%
- Denial rate: 13.5%
- Avg loan: $124,355
- Avg rate: 8.782%
- HQ: Indianola, MS
- 4,507 total applications · 3,490 originated
- Approval rate: 77.4%
- Denial rate: 7.3%
- Avg loan: $183,853
- Avg rate: 7.957%
- HQ: Flowood, MS
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.