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 | THE CITIZENS BANK | TRUSTMARK NATIONAL BANK |
|---|---|---|
| Total Applications | 420 | 11,550 ▲ |
| Loans Originated | 313 | 8,088 |
| Approval Rate (higher is better) | 74.5% ✓ | 70.0% |
| Denial Rate (lower is better) | 7.1% ✓ | 12.3% |
| Avg Loan Amount | $260,714 | $191,780 |
| Avg Interest Rate (lower is better) | N/A | 6.718% |
| Avg Applicant Income | N/A | $37,000 |
| Applications Denied | 30 | 1,420 |
| Applications Withdrawn | 72 | 1,113 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | THE CITIZENS BANK | TRUSTMARK NATIONAL BANK |
|---|---|---|
| Conventional | 410 (97.6%) | 8,458 (73.2%) |
| FHA | 6 (1.4%) | 2,299 (19.9%) |
| VA | 1 (0.2%) | 616 (5.3%) |
| USDA | 3 (0.7%) | 177 (1.5%) |
Loan Purpose Breakdown
| Purpose | THE CITIZENS BANK | TRUSTMARK NATIONAL BANK |
|---|---|---|
| Refinancing | 209 | 1,655 |
| Home Purchase | 170 | 7,164 |
| Home Improvement | 25 | 598 |
| Other | 16 | 1,899 |
| Cash-out Refinancing | — | 234 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Mississippi | 4,122 | #1 |
| Alabama | 2,715 | #4 |
Summary
- 420 total applications · 313 originated
- Approval rate: 74.5%
- Denial rate: 7.1%
- Avg loan: $260,714
- HQ: PHILADELPHIA, MS
- 11,550 total applications · 8,088 originated
- Approval rate: 70.0%
- Denial rate: 12.3%
- Avg loan: $191,780
- Avg rate: 6.718%
- HQ: JACKSON, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.