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 | Coastal Community Bank | Boeing Employees' Credit |
|---|---|---|
| Total Applications | 64,233 ▲ | 21,382 |
| Loans Originated | 15,099 | 13,093 |
| Approval Rate (higher is better) | 23.5% | 61.2% ✓ |
| Denial Rate (lower is better) | 1.6% ✓ | 24.6% |
| Avg Loan Amount | $70,082 | $272,660 |
| Avg Interest Rate (lower is better) | 12.093% | 8.471% ✓ |
| Avg Applicant Income | $38,000 | $39,000 |
| Applications Denied | 1,039 | 5,254 |
| Applications Withdrawn | 3,270 | 2,243 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Coastal Community Bank | Boeing Employees' Credit |
|---|---|---|
| Conventional | 64,233 (100.0%) | 21,272 (99.5%) |
| FHA | — | 54 (0.3%) |
| VA | — | 56 (0.3%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Coastal Community Bank | Boeing Employees' Credit |
|---|---|---|
| Other | 38,300 | 5,025 |
| Home Improvement | 23,462 | 7,037 |
| Cash-out Refinancing | 2,442 | 355 |
| Home Purchase | 25 | 4,950 |
| Refinancing | 4 | 4,015 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Washington | 12,344 | #1 |
Summary
- 64,233 total applications · 15,099 originated
- Approval rate: 23.5%
- Denial rate: 1.6%
- Avg loan: $70,082
- Avg rate: 12.093%
- HQ: Everett, WA
- 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
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.