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 | South Georgia Bank | USAA BANK |
|---|---|---|
| Total Applications | 115 | 28,020 ▲ |
| Loans Originated | 101 | 13,205 |
| Approval Rate (higher is better) | 87.8% ✓ | 47.1% |
| Denial Rate (lower is better) | 9.6% ✓ | 23.5% |
| Avg Loan Amount | $115,261 | $353,184 |
| Avg Interest Rate (lower is better) | N/A | 6.362% |
| Avg Applicant Income | N/A | $36,000 |
| Applications Denied | 11 | 6,580 |
| Applications Withdrawn | 1 | 8,064 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | South Georgia Bank | USAA BANK |
|---|---|---|
| Conventional | 115 (100.0%) | 11,147 (39.8%) |
| FHA | — | — |
| VA | — | 16,873 (60.2%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | South Georgia Bank | USAA BANK |
|---|---|---|
| Home Purchase | 57 | 23,347 |
| Refinancing | 45 | 1,509 |
| Home Improvement | 7 | 396 |
| Other | 6 | 272 |
| Cash-out Refinancing | — | 2,496 |
Summary
- 115 total applications · 101 originated
- Approval rate: 87.8%
- Denial rate: 9.6%
- Avg loan: $115,261
- HQ: Glennville, GA
- 28,020 total applications · 13,205 originated
- Approval rate: 47.1%
- Denial rate: 23.5%
- Avg loan: $353,184
- Avg rate: 6.362%
- HQ: SAN ANTONIO, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.