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 | Community First Credit | VERVE, A CREDIT |
|---|---|---|
| Total Applications | 3,307 ▲ | 1,136 |
| Loans Originated | 2,621 | 679 |
| Approval Rate (higher is better) | 79.3% ✓ | 59.8% |
| Denial Rate (lower is better) | 7.0% ✓ | 10.7% |
| Avg Loan Amount | $222,121 | $192,535 |
| Avg Interest Rate (lower is better) | 6.335% ✓ | 7.479% |
| Avg Applicant Income | $31,000 | $34,000 |
| Applications Denied | 232 | 121 |
| Applications Withdrawn | 435 | 92 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Community First Credit | VERVE, A CREDIT |
|---|---|---|
| Conventional | 3,307 (100.0%) | 1,134 (99.8%) |
| FHA | — | 2 (0.2%) |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Community First Credit | VERVE, A CREDIT |
|---|---|---|
| Home Purchase | 911 | 368 |
| Cash-out Refinancing | 778 | 83 |
| Other | 649 | 290 |
| Home Improvement | 551 | 338 |
| Refinancing | 418 | 57 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Wisconsin | 2,618 | #12 |
No state data available.
Summary
- 3,307 total applications · 2,621 originated
- Approval rate: 79.3%
- Denial rate: 7.0%
- Avg loan: $222,121
- Avg rate: 6.335%
- HQ: Neenah, WI
- 1,136 total applications · 679 originated
- Approval rate: 59.8%
- Denial rate: 10.7%
- Avg loan: $192,535
- Avg rate: 7.479%
- HQ: OSHKOSH, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.