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 | Bank Forward | Click n' Close, |
|---|---|---|
| Total Applications | 203 | 17,433 ▲ |
| Loans Originated | 156 | 9,598 |
| Approval Rate (higher is better) | 76.8% ✓ | 55.1% |
| Denial Rate (lower is better) | 1.5% ✓ | 3.1% |
| Avg Loan Amount | $259,236 | $245,745 |
| Avg Interest Rate (lower is better) | N/A | 6.785% |
| Avg Applicant Income | N/A | $39,000 |
| Applications Denied | 3 | 538 |
| Applications Withdrawn | 43 | 7,175 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Bank Forward | Click n' Close, |
|---|---|---|
| Conventional | 203 (100.0%) | 8,156 (46.8%) |
| FHA | — | 7,715 (44.3%) |
| VA | — | 805 (4.6%) |
| USDA | — | 757 (4.3%) |
Loan Purpose Breakdown
| Purpose | Bank Forward | Click n' Close, |
|---|---|---|
| Home Purchase | 142 | 14,024 |
| Refinancing | 33 | 1,244 |
| Cash-out Refinancing | 24 | 2,164 |
| Home Improvement | 3 | — |
| Other | 1 | 1 |
Summary
- 203 total applications · 156 originated
- Approval rate: 76.8%
- Denial rate: 1.5%
- Avg loan: $259,236
- HQ: Fargo, ND
- 17,433 total applications · 9,598 originated
- Approval rate: 55.1%
- Denial rate: 3.1%
- Avg loan: $245,745
- Avg rate: 6.785%
- HQ: ADDISON, TX
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.