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 of Dawson | GOODLEAP, LLC |
|---|---|---|
| Total Applications | 58 | 15,833 ▲ |
| Loans Originated | 51 | 7,007 |
| Approval Rate (higher is better) | 87.9% ✓ | 44.3% |
| Denial Rate (lower is better) | 10.3% ✓ | 23.1% |
| Avg Loan Amount | $178,621 | $187,519 |
| Avg Interest Rate (lower is better) | N/A | 6.304% |
| Avg Applicant Income | N/A | $37,000 |
| Applications Denied | 6 | 3,661 |
| Applications Withdrawn | 0 | 3,091 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Bank of Dawson | GOODLEAP, LLC |
|---|---|---|
| Conventional | 58 (100.0%) | 8,383 (52.9%) |
| FHA | — | 5,752 (36.3%) |
| VA | — | 1,698 (10.7%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Bank of Dawson | GOODLEAP, LLC |
|---|---|---|
| Refinancing | 38 | 944 |
| Home Purchase | 13 | 59 |
| Home Improvement | 6 | — |
| Other | 1 | — |
| Cash-out Refinancing | — | 14,830 |
Summary
- 58 total applications · 51 originated
- Approval rate: 87.9%
- Denial rate: 10.3%
- Avg loan: $178,621
- HQ: Dawson, GA
- 15,833 total applications · 7,007 originated
- Approval rate: 44.3%
- Denial rate: 23.1%
- Avg loan: $187,519
- Avg rate: 6.304%
- HQ: ROSEVILLE, CA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.