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 | TBK Bank, SSB | AMERICAN FINANCING CORPORATION |
|---|---|---|
| Total Applications | 226 | 25,138 ▲ |
| Loans Originated | 80 | 4,785 |
| Approval Rate (higher is better) | 35.4% ✓ | 19.0% |
| Denial Rate (lower is better) | 15.5% ✓ | 52.0% |
| Avg Loan Amount | $382,168 | $264,132 |
| Avg Interest Rate (lower is better) | N/A | 6.391% |
| Avg Applicant Income | N/A | $39,000 |
| Applications Denied | 35 | 13,064 |
| Applications Withdrawn | 20 | 4,313 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | TBK Bank, SSB | AMERICAN FINANCING CORPORATION |
|---|---|---|
| Conventional | 225 (99.6%) | 9,637 (38.3%) |
| FHA | 1 (0.4%) | 14,051 (55.9%) |
| VA | — | 1,433 (5.7%) |
| USDA | — | 17 (0.1%) |
Loan Purpose Breakdown
| Purpose | TBK Bank, SSB | AMERICAN FINANCING CORPORATION |
|---|---|---|
| Home Purchase | 130 | 2,853 |
| Cash-out Refinancing | 52 | 15,871 |
| Refinancing | 40 | 5,462 |
| Home Improvement | 4 | — |
| Other | — | 952 |
Summary
- 226 total applications · 80 originated
- Approval rate: 35.4%
- Denial rate: 15.5%
- Avg loan: $382,168
- HQ: Dallas, TX
- 25,138 total applications · 4,785 originated
- Approval rate: 19.0%
- Denial rate: 52.0%
- Avg loan: $264,132
- Avg rate: 6.391%
- HQ: AURORA, CO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.