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 | Troy Bank and | Assurance Financial Group, |
|---|---|---|
| Total Applications | 239 | 3,092 ▲ |
| Loans Originated | 225 | 2,286 |
| Approval Rate (higher is better) | 94.1% ✓ | 73.9% |
| Denial Rate (lower is better) | 2.9% ✓ | 4.2% |
| Avg Loan Amount | $252,238 | $253,735 |
| Avg Interest Rate (lower is better) | 8.594% | 6.764% ✓ |
| Avg Applicant Income | $31,000 | $37,000 |
| Applications Denied | 7 | 130 |
| Applications Withdrawn | 6 | 485 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Troy Bank and | Assurance Financial Group, |
|---|---|---|
| Conventional | 238 (99.6%) | 2,005 (64.8%) |
| FHA | — | 715 (23.1%) |
| VA | — | 195 (6.3%) |
| USDA | 1 (0.4%) | 177 (5.7%) |
Loan Purpose Breakdown
| Purpose | Troy Bank and | Assurance Financial Group, |
|---|---|---|
| Home Purchase | 155 | 2,619 |
| Refinancing | 47 | 313 |
| Home Improvement | 23 | 4 |
| Other | 14 | 1 |
| Cash-out Refinancing | — | 155 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Louisiana | 1,001 | #13 |
Summary
- 239 total applications · 225 originated
- Approval rate: 94.1%
- Denial rate: 2.9%
- Avg loan: $252,238
- Avg rate: 8.594%
- HQ: BRUNDIDGE, AL
- 3,092 total applications · 2,286 originated
- Approval rate: 73.9%
- Denial rate: 4.2%
- Avg loan: $253,735
- Avg rate: 6.764%
- HQ: Baton Rouge, LA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.