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 | Boeing Employees' Credit | Peoples Bank |
|---|---|---|
| Total Applications | 21,382 ▲ | 1,189 |
| Loans Originated | 13,093 | 633 |
| Approval Rate (higher is better) | 61.2% ✓ | 53.2% |
| Denial Rate (lower is better) | 24.6% | 18.9% ✓ |
| Avg Loan Amount | $272,660 | $401,964 |
| Avg Interest Rate (lower is better) | 8.471% | 7.868% ✓ |
| Avg Applicant Income | $39,000 | $37,000 |
| Applications Denied | 5,254 | 225 |
| Applications Withdrawn | 2,243 | 190 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Boeing Employees' Credit | Peoples Bank |
|---|---|---|
| Conventional | 21,272 (99.5%) | 1,168 (98.2%) |
| FHA | 54 (0.3%) | 13 (1.1%) |
| VA | 56 (0.3%) | 8 (0.7%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Boeing Employees' Credit | Peoples Bank |
|---|---|---|
| Home Improvement | 7,037 | 213 |
| Other | 5,025 | 199 |
| Home Purchase | 4,950 | 604 |
| Refinancing | 4,015 | 136 |
| Cash-out Refinancing | 355 | 37 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Washington | 12,344 | #1 |
No state data available.
Summary
- 21,382 total applications · 13,093 originated
- Approval rate: 61.2%
- Denial rate: 24.6%
- Avg loan: $272,660
- Avg rate: 8.471%
- HQ: Tukwila, WA
- 1,189 total applications · 633 originated
- Approval rate: 53.2%
- Denial rate: 18.9%
- Avg loan: $401,964
- Avg rate: 7.868%
- HQ: Bellingham, WA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.