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 FNB Community Bank

Ramsey, IL

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Lender B

Midland States Bank

Effingham, IL

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Key Metrics

Metric The FNB Community Midland States Bank
Total Applications 113 1,693
Loans Originated 98 1,036
Approval Rate (higher is better) 86.7% 61.2%
Denial Rate (lower is better) 6.2% 23.3%
Avg Loan Amount $133,142 $177,546
Avg Interest Rate (lower is better) N/A 6.265%
Avg Applicant Income N/A $34,000
Applications Denied 7 394
Applications Withdrawn 8 161

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

Loan Type Mix

Loan Type The FNB Community Midland States Bank
Conventional 102 (90.3%) 1,542 (91.1%)
FHA 117 (6.9%)
VA 15 (0.9%)
USDA 11 (9.7%) 19 (1.1%)

Loan Purpose Breakdown

Purpose The FNB Community Midland States Bank
Home Purchase 61 755
Refinancing 40 248
Other 11 579
Home Improvement 1 38
Cash-out Refinancing 73

Summary

The FNB Community Bank
  • 113 total applications · 98 originated
  • Approval rate: 86.7%
  • Denial rate: 6.2%
  • Avg loan: $133,142
  • HQ: Ramsey, IL
Midland States Bank
  • 1,693 total applications · 1,036 originated
  • Approval rate: 61.2%
  • Denial rate: 23.3%
  • Avg loan: $177,546
  • Avg rate: 6.265%
  • HQ: Effingham, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.