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 | Altana Federal Credit | Valley Financial Credit |
|---|---|---|
| Total Applications | 547 ▲ | 474 |
| Loans Originated | 423 | 363 |
| Approval Rate (higher is better) | 77.3% ✓ | 76.6% |
| Denial Rate (lower is better) | 15.2% ✓ | 17.1% |
| Avg Loan Amount | $139,461 | $163,692 |
| Avg Interest Rate (lower is better) | 6.749% ✓ | 7.463% |
| Avg Applicant Income | $34,000 | $33,000 |
| Applications Denied | 83 | 81 |
| Applications Withdrawn | 32 | 3 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Altana Federal Credit | Valley Financial Credit |
|---|---|---|
| Conventional | 547 (100.0%) | 472 (99.6%) |
| FHA | — | 1 (0.2%) |
| VA | — | 1 (0.2%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Altana Federal Credit | Valley Financial Credit |
|---|---|---|
| Home Improvement | 194 | 152 |
| Other | 181 | 15 |
| Refinancing | 81 | 16 |
| Home Purchase | 71 | 144 |
| Cash-out Refinancing | 20 | 147 |
Top States by Loan Volume
Summary
- 547 total applications · 423 originated
- Approval rate: 77.3%
- Denial rate: 15.2%
- Avg loan: $139,461
- Avg rate: 6.749%
- HQ: Billings, MT
- 474 total applications · 363 originated
- Approval rate: 76.6%
- Denial rate: 17.1%
- Avg loan: $163,692
- Avg rate: 7.463%
- HQ: Billings, MT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.