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 FIRST NATIONAL | FIRST HORIZON BANK |
|---|---|---|
| Total Applications | 144 | 13,326 ▲ |
| Loans Originated | 114 | 7,808 |
| Approval Rate (higher is better) | 79.2% ✓ | 58.6% |
| Denial Rate (lower is better) | 9.0% ✓ | 21.7% |
| Avg Loan Amount | $191,042 | $378,768 |
| Avg Interest Rate (lower is better) | N/A | 7.374% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 13 | 2,889 |
| Applications Withdrawn | 15 | 1,418 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | THE FIRST NATIONAL | FIRST HORIZON BANK |
|---|---|---|
| Conventional | 144 (100.0%) | 12,182 (91.4%) |
| FHA | — | 731 (5.5%) |
| VA | — | 369 (2.8%) |
| USDA | — | 44 (0.3%) |
Loan Purpose Breakdown
| Purpose | THE FIRST NATIONAL | FIRST HORIZON BANK |
|---|---|---|
| Home Purchase | 81 | 6,652 |
| Refinancing | 44 | 1,826 |
| Home Improvement | 10 | 3,045 |
| Other | 9 | 1,194 |
| Cash-out Refinancing | — | 607 |
Top States by Loan Volume
Summary
- 144 total applications · 114 originated
- Approval rate: 79.2%
- Denial rate: 9.0%
- Avg loan: $191,042
- HQ: JEANERETTE, LA
- 13,326 total applications · 7,808 originated
- Approval rate: 58.6%
- Denial rate: 21.7%
- Avg loan: $378,768
- Avg rate: 7.374%
- HQ: MEMPHIS, TN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.