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 Cottonport Bank | FIRST GUARANTY BANK |
|---|---|---|
| Total Applications | 229 | 471 ▲ |
| Loans Originated | 189 | 311 |
| Approval Rate (higher is better) | 82.5% ✓ | 66.0% |
| Denial Rate (lower is better) | 11.3% ✓ | 13.2% |
| Avg Loan Amount | $141,987 | $292,665 |
| Avg Interest Rate (lower is better) | N/A | N/A |
| Applications Denied | 26 | 62 |
| Applications Withdrawn | 14 | 43 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | The Cottonport Bank | FIRST GUARANTY BANK |
|---|---|---|
| Conventional | 229 (100.0%) | 470 (99.8%) |
| FHA | — | 1 (0.2%) |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | The Cottonport Bank | FIRST GUARANTY BANK |
|---|---|---|
| Home Purchase | 114 | 264 |
| Refinancing | 77 | 156 |
| Home Improvement | 21 | 22 |
| Other | 17 | 29 |
Summary
- 229 total applications · 189 originated
- Approval rate: 82.5%
- Denial rate: 11.3%
- Avg loan: $141,987
- HQ: Marksville, LA
- 471 total applications · 311 originated
- Approval rate: 66.0%
- Denial rate: 13.2%
- Avg loan: $292,665
- HQ: HAMMOND, LA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.