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 | UNIVERSITY OF KY | Central Bank & |
|---|---|---|
| Total Applications | 2,521 ▲ | 1,241 |
| Loans Originated | 1,441 | 1,005 |
| Approval Rate (higher is better) | 57.2% | 81.0% ✓ |
| Denial Rate (lower is better) | 24.3% | 9.8% ✓ |
| Avg Loan Amount | $120,772 | $221,986 |
| Avg Interest Rate (lower is better) | 8.358% | 7.628% ✓ |
| Avg Applicant Income | $35,000 | $32,000 |
| Applications Denied | 612 | 121 |
| Applications Withdrawn | 199 | 101 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | UNIVERSITY OF KY | Central Bank & |
|---|---|---|
| Conventional | 2,521 (100.0%) | 1,203 (96.9%) |
| FHA | — | 31 (2.5%) |
| VA | — | 6 (0.5%) |
| USDA | — | 1 (0.1%) |
Loan Purpose Breakdown
| Purpose | UNIVERSITY OF KY | Central Bank & |
|---|---|---|
| Home Improvement | 1,006 | 229 |
| Refinancing | 783 | 256 |
| Other | 541 | 227 |
| Home Purchase | 191 | 508 |
| Cash-out Refinancing | — | 21 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Kentucky | 1,441 | #12 |
No state data available.
Summary
- 2,521 total applications · 1,441 originated
- Approval rate: 57.2%
- Denial rate: 24.3%
- Avg loan: $120,772
- Avg rate: 8.358%
- HQ: LEXINGTON, KY
- 1,241 total applications · 1,005 originated
- Approval rate: 81.0%
- Denial rate: 9.8%
- Avg loan: $221,986
- Avg rate: 7.628%
- HQ: LEXINGTON, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.