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 | UNION BANK | Chambers Bank |
|---|---|---|
| Total Applications | 295 | 456 ▲ |
| Loans Originated | 291 | 348 |
| Approval Rate (higher is better) | 98.6% ✓ | 76.3% |
| Denial Rate (lower is better) | 1.4% ✓ | 10.5% |
| Avg Loan Amount | $160,085 | $235,373 |
| Avg Interest Rate (lower is better) | N/A | 7.168% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 4 | 48 |
| Applications Withdrawn | 0 | 48 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | UNION BANK | Chambers Bank |
|---|---|---|
| Conventional | 295 (100.0%) | 352 (77.2%) |
| FHA | — | 30 (6.6%) |
| VA | — | 60 (13.2%) |
| USDA | — | 14 (3.1%) |
Loan Purpose Breakdown
| Purpose | UNION BANK | Chambers Bank |
|---|---|---|
| Home Purchase | 170 | 329 |
| Refinancing | 66 | 69 |
| Home Improvement | 37 | 28 |
| Other | 22 | 15 |
| Cash-out Refinancing | — | 15 |
Summary
- 295 total applications · 291 originated
- Approval rate: 98.6%
- Denial rate: 1.4%
- Avg loan: $160,085
- HQ: PARIS, AR
- 456 total applications · 348 originated
- Approval rate: 76.3%
- Denial rate: 10.5%
- Avg loan: $235,373
- Avg rate: 7.168%
- HQ: Danville, AR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.