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 | UNITED COMMUNITY BANK | FIRST BANKERS TRUST |
|---|---|---|
| Total Applications | 1,841 ▲ | 205 |
| Loans Originated | 1,392 | 143 |
| Approval Rate (higher is better) | 75.6% ✓ | 69.8% |
| Denial Rate (lower is better) | 9.9% | 7.3% ✓ |
| Avg Loan Amount | $120,568 | $131,585 |
| Avg Interest Rate (lower is better) | 6.542% ✓ | 7.140% |
| Avg Applicant Income | $31,000 | $32,000 |
| Applications Denied | 182 | 15 |
| Applications Withdrawn | 236 | 0 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | UNITED COMMUNITY BANK | FIRST BANKERS TRUST |
|---|---|---|
| Conventional | 1,674 (90.9%) | 197 (96.1%) |
| FHA | 96 (5.2%) | — |
| VA | 15 (0.8%) | — |
| USDA | 56 (3.0%) | 8 (3.9%) |
Loan Purpose Breakdown
| Purpose | UNITED COMMUNITY BANK | FIRST BANKERS TRUST |
|---|---|---|
| Home Purchase | 889 | 153 |
| Home Improvement | 309 | 4 |
| Refinancing | 304 | 21 |
| Cash-out Refinancing | 205 | 26 |
| Other | 130 | 1 |
Summary
- 1,841 total applications · 1,392 originated
- Approval rate: 75.6%
- Denial rate: 9.9%
- Avg loan: $120,568
- Avg rate: 6.542%
- HQ: GILLESPIE, IL
- 205 total applications · 143 originated
- Approval rate: 69.8%
- Denial rate: 7.3%
- Avg loan: $131,585
- Avg rate: 7.140%
- HQ: QUINCY, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.