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 | PROSPERITY BANK | ARK-LA-TEX FINANCIAL SERVICES |
|---|---|---|
| Total Applications | 5,407 | 23,136 ▲ |
| Loans Originated | 2,451 | 16,232 |
| Approval Rate (higher is better) | 45.3% | 70.2% ✓ |
| Denial Rate (lower is better) | 25.9% | 3.3% ✓ |
| Avg Loan Amount | $560,400 | $323,967 |
| Avg Interest Rate (lower is better) | 7.538% | 6.450% ✓ |
| Avg Applicant Income | $37,000 | $39,000 |
| Applications Denied | 1,400 | 753 |
| Applications Withdrawn | 1,053 | 4,372 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | PROSPERITY BANK | ARK-LA-TEX FINANCIAL SERVICES |
|---|---|---|
| Conventional | 5,177 (95.7%) | 12,519 (54.1%) |
| FHA | 214 (4.0%) | 6,742 (29.1%) |
| VA | 16 (0.3%) | 3,621 (15.7%) |
| USDA | — | 254 (1.1%) |
Loan Purpose Breakdown
| Purpose | PROSPERITY BANK | ARK-LA-TEX FINANCIAL SERVICES |
|---|---|---|
| Home Purchase | 3,413 | 19,629 |
| Home Improvement | 747 | — |
| Refinancing | 625 | 1,791 |
| Other | 448 | 3 |
| Cash-out Refinancing | 174 | 1,713 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Texas | 4,847 | #18 |
| North Dakota | 309 | #10 |
Summary
- 5,407 total applications · 2,451 originated
- Approval rate: 45.3%
- Denial rate: 25.9%
- Avg loan: $560,400
- Avg rate: 7.538%
- HQ: LAKEWAY, TX
- 23,136 total applications · 16,232 originated
- Approval rate: 70.2%
- Denial rate: 3.3%
- Avg loan: $323,967
- Avg rate: 6.450%
- HQ: PLANO, TX
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.