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 | Queensborough National Bank | FIRST STATE BANK |
|---|---|---|
| Total Applications | 621 ▲ | 155 |
| Loans Originated | 453 | 155 |
| Approval Rate (higher is better) | 72.9% | 100.0% ✓ |
| Denial Rate (lower is better) | 8.2% | 0.0% ✓ |
| Avg Loan Amount | $338,124 | $161,065 |
| Avg Interest Rate (lower is better) | 6.901% | N/A |
| Avg Applicant Income | $34,000 | N/A |
| Applications Denied | 51 | 0 |
| Applications Withdrawn | 93 | 0 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Queensborough National Bank | FIRST STATE BANK |
|---|---|---|
| Conventional | 496 (79.9%) | 155 (100.0%) |
| FHA | 44 (7.1%) | — |
| VA | 71 (11.4%) | — |
| USDA | 10 (1.6%) | — |
Loan Purpose Breakdown
| Purpose | Queensborough National Bank | FIRST STATE BANK |
|---|---|---|
| Home Purchase | 520 | 71 |
| Home Improvement | 37 | 16 |
| Refinancing | 33 | 68 |
| Cash-out Refinancing | 21 | — |
| Other | 10 | — |
Summary
- 621 total applications · 453 originated
- Approval rate: 72.9%
- Denial rate: 8.2%
- Avg loan: $338,124
- Avg rate: 6.901%
- HQ: Louisville, GA
- 155 total applications · 155 originated
- Approval rate: 100.0%
- Denial rate: 0.0%
- Avg loan: $161,065
- HQ: WRENS, GA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.