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 | CAPE COD FIVE | ROCKLAND TRUST BANK |
|---|---|---|
| Total Applications | 2,836 | 5,681 ▲ |
| Loans Originated | 2,014 | 2,932 |
| Approval Rate (higher is better) | 71.0% ✓ | 51.6% |
| Denial Rate (lower is better) | 10.2% ✓ | 30.2% |
| Avg Loan Amount | $367,620 | $311,340 |
| Avg Interest Rate (lower is better) | 7.782% | 7.529% ✓ |
| Avg Applicant Income | $38,000 | $38,000 |
| Applications Denied | 289 | 1,716 |
| Applications Withdrawn | 388 | 530 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CAPE COD FIVE | ROCKLAND TRUST BANK |
|---|---|---|
| Conventional | 2,813 (99.2%) | 5,625 (99.0%) |
| FHA | 23 (0.8%) | 52 (0.9%) |
| VA | — | 4 (0.1%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | CAPE COD FIVE | ROCKLAND TRUST BANK |
|---|---|---|
| Home Purchase | 1,167 | 1,673 |
| Home Improvement | 811 | 1,865 |
| Cash-out Refinancing | 476 | 140 |
| Other | 280 | 869 |
| Refinancing | 102 | 1,134 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Massachusetts | 2,012 | #13 |
| State | Originated | Rank |
|---|---|---|
| Massachusetts | 2,820 | #9 |
Summary
- 2,836 total applications · 2,014 originated
- Approval rate: 71.0%
- Denial rate: 10.2%
- Avg loan: $367,620
- Avg rate: 7.782%
- HQ: HYANNIS, MA
- 5,681 total applications · 2,932 originated
- Approval rate: 51.6%
- Denial rate: 30.2%
- Avg loan: $311,340
- Avg rate: 7.529%
- HQ: BROCKTON, MA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.