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 | BayPort Credit Union | American Neighborhood Mortgage |
|---|---|---|
| Total Applications | 2,836 | 15,393 ▲ |
| Loans Originated | 1,755 | 9,465 |
| Approval Rate (higher is better) | 61.9% ✓ | 61.5% |
| Denial Rate (lower is better) | 12.7% | 2.1% ✓ |
| Avg Loan Amount | $157,116 | $323,012 |
| Avg Interest Rate (lower is better) | 7.871% | 6.528% ✓ |
| Avg Applicant Income | $37,000 | $40,000 |
| Applications Denied | 359 | 324 |
| Applications Withdrawn | 457 | 2,912 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | BayPort Credit Union | American Neighborhood Mortgage |
|---|---|---|
| Conventional | 2,833 (99.9%) | 7,374 (47.9%) |
| FHA | 1 (0.0%) | 5,949 (38.6%) |
| VA | 2 (0.1%) | 1,995 (13.0%) |
| USDA | — | 75 (0.5%) |
Loan Purpose Breakdown
| Purpose | BayPort Credit Union | American Neighborhood Mortgage |
|---|---|---|
| Home Improvement | 990 | 198 |
| Other | 839 | — |
| Home Purchase | 501 | 10,757 |
| Refinancing | 269 | 846 |
| Cash-out Refinancing | 237 | 3,592 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Virginia | 2,124 | #17 |
| New Jersey | 1,839 | #15 |
Summary
- 2,836 total applications · 1,755 originated
- Approval rate: 61.9%
- Denial rate: 12.7%
- Avg loan: $157,116
- Avg rate: 7.871%
- HQ: Newport News, VA
- 15,393 total applications · 9,465 originated
- Approval rate: 61.5%
- Denial rate: 2.1%
- Avg loan: $323,012
- Avg rate: 6.528%
- HQ: Mt. Laurel, NJ
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.