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 Peoples State | DIETERICH BANK |
|---|---|---|
| Total Applications | 119 | 325 ▲ |
| Loans Originated | 108 | 231 |
| Approval Rate (higher is better) | 90.8% ✓ | 71.1% |
| Denial Rate (lower is better) | 4.2% ✓ | 8.3% |
| Avg Loan Amount | $165,924 | $276,292 |
| Avg Interest Rate (lower is better) | N/A | N/A |
| Applications Denied | 5 | 27 |
| Applications Withdrawn | 3 | 57 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | The Peoples State | DIETERICH BANK |
|---|---|---|
| Conventional | 119 (100.0%) | 313 (96.3%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | 12 (3.7%) |
Loan Purpose Breakdown
| Purpose | The Peoples State | DIETERICH BANK |
|---|---|---|
| Home Purchase | 85 | 222 |
| Cash-out Refinancing | 24 | 21 |
| Home Improvement | 4 | 12 |
| Other | 3 | 35 |
| Refinancing | 3 | 35 |
Summary
- 119 total applications · 108 originated
- Approval rate: 90.8%
- Denial rate: 4.2%
- Avg loan: $165,924
- HQ: Newton, IL
- 325 total applications · 231 originated
- Approval rate: 71.1%
- Denial rate: 8.3%
- Avg loan: $276,292
- HQ: EFFINGHAM, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.