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.

Lender A

The Farmers & Merchants Bank

Stuggart, AR

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Lender B

FIRST NATIONAL BANK OF COMMERCE

WALNUT RIDGE, AR

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Key Metrics

Metric The Farmers & FIRST NATIONAL BANK
Total Applications 459 87
Loans Originated 326 53
Approval Rate (higher is better) 71.0% 60.9%
Denial Rate (lower is better) 16.1% 25.3%
Avg Loan Amount $227,048 $104,885
Avg Interest Rate (lower is better) 8.239% N/A
Avg Applicant Income $33,000 N/A
Applications Denied 74 22
Applications Withdrawn 22 0

✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.

Loan Type Mix

Loan Type The Farmers & FIRST NATIONAL BANK
Conventional 459 (100.0%) 87 (100.0%)
FHA
VA
USDA

Loan Purpose Breakdown

Purpose The Farmers & FIRST NATIONAL BANK
Home Purchase 267 45
Refinancing 79 21
Home Improvement 59 10
Other 54 11

Summary

The Farmers & Merchants Bank
  • 459 total applications · 326 originated
  • Approval rate: 71.0%
  • Denial rate: 16.1%
  • Avg loan: $227,048
  • Avg rate: 8.239%
  • HQ: Stuggart, AR
FIRST NATIONAL BANK OF COMMERCE
  • 87 total applications · 53 originated
  • Approval rate: 60.9%
  • Denial rate: 25.3%
  • Avg loan: $104,885
  • HQ: WALNUT RIDGE, AR
Data from the CFPB HMDA 2023 Snapshot National Loan-Level Dataset. Approval rates are calculated as originated / total applications. Denial rates are as reported by lenders. This data is for informational purposes only and does not constitute financial advice.

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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.