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 | RENASANT BANK | THE CITIZENS BANK |
|---|---|---|
| Total Applications | 10,267 ▲ | 420 |
| Loans Originated | 7,420 | 313 |
| Approval Rate (higher is better) | 72.3% | 74.5% ✓ |
| Denial Rate (lower is better) | 9.3% | 7.1% ✓ |
| Avg Loan Amount | $262,248 | $260,714 |
| Avg Interest Rate (lower is better) | 6.795% | N/A |
| Avg Applicant Income | $36,000 | N/A |
| Applications Denied | 958 | 30 |
| Applications Withdrawn | 1,151 | 72 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | RENASANT BANK | THE CITIZENS BANK |
|---|---|---|
| Conventional | 7,838 (76.3%) | 410 (97.6%) |
| FHA | 1,515 (14.8%) | 6 (1.4%) |
| VA | 521 (5.1%) | 1 (0.2%) |
| USDA | 393 (3.8%) | 3 (0.7%) |
Loan Purpose Breakdown
| Purpose | RENASANT BANK | THE CITIZENS BANK |
|---|---|---|
| Home Purchase | 6,295 | 170 |
| Refinancing | 1,885 | 209 |
| Other | 1,069 | 16 |
| Cash-out Refinancing | 619 | — |
| Home Improvement | 399 | 25 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Alabama | 1,708 | #10 |
| Mississippi | 1,657 | #7 |
No state data available.
Summary
- 10,267 total applications · 7,420 originated
- Approval rate: 72.3%
- Denial rate: 9.3%
- Avg loan: $262,248
- Avg rate: 6.795%
- HQ: JOHNS CREEK, GA
- 420 total applications · 313 originated
- Approval rate: 74.5%
- Denial rate: 7.1%
- Avg loan: $260,714
- HQ: PHILADELPHIA, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.