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 | Liberty Federal Credit |
|---|---|---|
| Total Applications | 119 | 6,132 ▲ |
| Loans Originated | 108 | 4,679 |
| Approval Rate (higher is better) | 90.8% ✓ | 76.3% |
| Denial Rate (lower is better) | 4.2% ✓ | 7.9% |
| Avg Loan Amount | $165,924 | $229,232 |
| Avg Interest Rate (lower is better) | N/A | 7.380% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 5 | 482 |
| Applications Withdrawn | 3 | 758 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | The Peoples State | Liberty Federal Credit |
|---|---|---|
| Conventional | 119 (100.0%) | 5,269 (85.9%) |
| FHA | — | 681 (11.1%) |
| VA | — | 116 (1.9%) |
| USDA | — | 66 (1.1%) |
Loan Purpose Breakdown
| Purpose | The Peoples State | Liberty Federal Credit |
|---|---|---|
| Home Purchase | 85 | 3,405 |
| Cash-out Refinancing | 24 | 1,972 |
| Home Improvement | 4 | 529 |
| Other | 3 | — |
| Refinancing | 3 | 224 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Kentucky | 1,726 | #9 |
Summary
- 119 total applications · 108 originated
- Approval rate: 90.8%
- Denial rate: 4.2%
- Avg loan: $165,924
- HQ: Newton, IL
- 6,132 total applications · 4,679 originated
- Approval rate: 76.3%
- Denial rate: 7.9%
- Avg loan: $229,232
- Avg rate: 7.380%
- HQ: Louisville, KY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.