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 | AFFORDABLE MORTGAGE ADVISORS | NEWREZ LLC |
|---|---|---|
| Total Applications | 2,897 | 248,242 ▲ |
| Loans Originated | 2,142 | 52,121 |
| Approval Rate (higher is better) | 73.9% ✓ | 21.0% |
| Denial Rate (lower is better) | 1.2% ✓ | 11.5% |
| Avg Loan Amount | $268,334 | $328,825 |
| Avg Interest Rate (lower is better) | 6.620% ✓ | 6.987% |
| Avg Applicant Income | $38,000 | $39,000 |
| Applications Denied | 36 | 28,631 |
| Applications Withdrawn | 718 | 37,001 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | AFFORDABLE MORTGAGE ADVISORS | NEWREZ LLC |
|---|---|---|
| Conventional | 1,932 (66.7%) | 150,684 (60.7%) |
| FHA | 693 (23.9%) | 57,012 (23.0%) |
| VA | 230 (7.9%) | 37,471 (15.1%) |
| USDA | 42 (1.4%) | 3,075 (1.2%) |
Loan Purpose Breakdown
| Purpose | AFFORDABLE MORTGAGE ADVISORS | NEWREZ LLC |
|---|---|---|
| Home Purchase | 2,633 | 129,324 |
| Refinancing | 264 | 32,788 |
| Cash-out Refinancing | — | 85,870 |
| Home Improvement | — | 140 |
| Other | — | 120 |
Top States by Loan Volume
Summary
- 2,897 total applications · 2,142 originated
- Approval rate: 73.9%
- Denial rate: 1.2%
- Avg loan: $268,334
- Avg rate: 6.620%
- HQ: PITTSBURGH, PA
- 248,242 total applications · 52,121 originated
- Approval rate: 21.0%
- Denial rate: 11.5%
- Avg loan: $328,825
- Avg rate: 6.987%
- HQ: FORT WASHINGTON, PA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.