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 | CAPITAL CREDIT UNION | THE UNION BANK |
|---|---|---|
| Total Applications | 680 ▲ | 41 |
| Loans Originated | 541 | 25 |
| Approval Rate (higher is better) | 79.6% ✓ | 61.0% |
| Denial Rate (lower is better) | 2.9% ✓ | 17.1% |
| Avg Loan Amount | $197,074 | $183,537 |
| Avg Interest Rate (lower is better) | 7.384% | N/A |
| Avg Applicant Income | $35,000 | N/A |
| Applications Denied | 20 | 7 |
| Applications Withdrawn | 117 | 8 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CAPITAL CREDIT UNION | THE UNION BANK |
|---|---|---|
| Conventional | 615 (90.4%) | 39 (95.1%) |
| FHA | 55 (8.1%) | — |
| VA | 10 (1.5%) | — |
| USDA | — | 2 (4.9%) |
Loan Purpose Breakdown
| Purpose | CAPITAL CREDIT UNION | THE UNION BANK |
|---|---|---|
| Home Purchase | 330 | 27 |
| Other | 147 | 1 |
| Home Improvement | 124 | — |
| Refinancing | 45 | 8 |
| Cash-out Refinancing | 34 | 5 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| North Dakota | 510 | #4 |
No state data available.
Summary
- 680 total applications · 541 originated
- Approval rate: 79.6%
- Denial rate: 2.9%
- Avg loan: $197,074
- Avg rate: 7.384%
- HQ: BISMARCK, ND
- 41 total applications · 25 originated
- Approval rate: 61.0%
- Denial rate: 17.1%
- Avg loan: $183,537
- HQ: Hazen, ND
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.