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 | Co-op Credit Union | SECURITY FINANCIAL BANK |
|---|---|---|
| Total Applications | 383 ▲ | 191 |
| Loans Originated | 342 | 128 |
| Approval Rate (higher is better) | 89.3% ✓ | 67.0% |
| Denial Rate (lower is better) | 5.2% ✓ | 12.6% |
| Avg Loan Amount | $149,099 | $285,366 |
| Avg Interest Rate (lower is better) | 6.823% | N/A |
| Avg Applicant Income | $32,000 | N/A |
| Applications Denied | 20 | 24 |
| Applications Withdrawn | 21 | 16 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Co-op Credit Union | SECURITY FINANCIAL BANK |
|---|---|---|
| Conventional | 383 (100.0%) | 191 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Co-op Credit Union | SECURITY FINANCIAL BANK |
|---|---|---|
| Home Purchase | 170 | 115 |
| Other | 88 | 11 |
| Refinancing | 65 | 37 |
| Cash-out Refinancing | 59 | 12 |
| Home Improvement | 1 | 16 |
Summary
- 383 total applications · 342 originated
- Approval rate: 89.3%
- Denial rate: 5.2%
- Avg loan: $149,099
- Avg rate: 6.823%
- HQ: Black River Falls, WI
- 191 total applications · 128 originated
- Approval rate: 67.0%
- Denial rate: 12.6%
- Avg loan: $285,366
- HQ: DURAND, WI
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.