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 | Broadview Federal Credit | SEFCU SERVICES LLC |
|---|---|---|
| Total Applications | 5,785 ▲ | 3,245 |
| Loans Originated | 3,769 | 2,802 |
| Approval Rate (higher is better) | 65.2% | 86.3% ✓ |
| Denial Rate (lower is better) | 21.7% | 1.8% ✓ |
| Avg Loan Amount | $89,752 | $290,794 |
| Avg Interest Rate (lower is better) | 7.593% | 6.074% ✓ |
| Avg Applicant Income | $36,000 | $35,000 |
| Applications Denied | 1,256 | 59 |
| Applications Withdrawn | 615 | 293 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Broadview Federal Credit | SEFCU SERVICES LLC |
|---|---|---|
| Conventional | 5,785 (100.0%) | 2,981 (91.9%) |
| FHA | — | 223 (6.9%) |
| VA | — | 38 (1.2%) |
| USDA | — | 3 (0.1%) |
Loan Purpose Breakdown
| Purpose | Broadview Federal Credit | SEFCU SERVICES LLC |
|---|---|---|
| Home Improvement | 3,452 | — |
| Other | 1,262 | — |
| Refinancing | 617 | 96 |
| Home Purchase | 386 | 2,977 |
| Cash-out Refinancing | 68 | 172 |
Top States by Loan Volume
Summary
- 5,785 total applications · 3,769 originated
- Approval rate: 65.2%
- Denial rate: 21.7%
- Avg loan: $89,752
- Avg rate: 7.593%
- HQ: Albany, NY
- 3,245 total applications · 2,802 originated
- Approval rate: 86.3%
- Denial rate: 1.8%
- Avg loan: $290,794
- Avg rate: 6.074%
- HQ: ALBANY, NY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.