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 | SAUK VALLEY BANK | Farmers National Bank |
|---|---|---|
| Total Applications | 248 ▲ | 111 |
| Loans Originated | 231 | 102 |
| Approval Rate (higher is better) | 93.1% ✓ | 91.9% |
| Denial Rate (lower is better) | 2.8% ✓ | 6.3% |
| Avg Loan Amount | $165,000 | $157,883 |
| Avg Interest Rate (lower is better) | N/A | N/A |
| Applications Denied | 7 | 7 |
| Applications Withdrawn | 8 | 1 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SAUK VALLEY BANK | Farmers National Bank |
|---|---|---|
| Conventional | 248 (100.0%) | 111 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | SAUK VALLEY BANK | Farmers National Bank |
|---|---|---|
| Home Purchase | 159 | 69 |
| Refinancing | 71 | 18 |
| Home Improvement | 9 | 7 |
| Other | 7 | 2 |
| Cash-out Refinancing | 2 | 15 |
Summary
- 248 total applications · 231 originated
- Approval rate: 93.1%
- Denial rate: 2.8%
- Avg loan: $165,000
- HQ: STERLING, IL
- 111 total applications · 102 originated
- Approval rate: 91.9%
- Denial rate: 6.3%
- Avg loan: $157,883
- HQ: Prophetstown, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.