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 | GUARANTY BANK & |
|---|---|---|
| Total Applications | 527 | 1,037 ▲ |
| Loans Originated | 407 | 736 |
| Approval Rate (higher is better) | 77.2% ✓ | 71.0% |
| Denial Rate (lower is better) | 13.5% ✓ | 16.3% |
| Avg Loan Amount | $124,355 | $251,644 |
| Avg Interest Rate (lower is better) | 8.782% | N/A |
| Avg Applicant Income | $35,000 | N/A |
| Applications Denied | 71 | 169 |
| Applications Withdrawn | 43 | 128 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Planters Bank and | GUARANTY BANK & |
|---|---|---|
| Conventional | 523 (99.2%) | 902 (87.0%) |
| FHA | 1 (0.2%) | 102 (9.8%) |
| VA | — | 11 (1.1%) |
| USDA | 3 (0.6%) | 22 (2.1%) |
Loan Purpose Breakdown
| Purpose | Planters Bank and | GUARANTY BANK & |
|---|---|---|
| Refinancing | 234 | 197 |
| Home Purchase | 186 | 732 |
| Home Improvement | 67 | 73 |
| Other | 29 | 15 |
| Cash-out Refinancing | 11 | 20 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Mississippi | 668 | #14 |
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
- 1,037 total applications · 736 originated
- Approval rate: 71.0%
- Denial rate: 16.3%
- Avg loan: $251,644
- HQ: BELZONI, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.