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 | COOPERATIVA DE AC | Cooperativa de A\C |
|---|---|---|
| Total Applications | 138 ▲ | 53 |
| Loans Originated | 113 | 36 |
| Approval Rate (higher is better) | 81.9% ✓ | 67.9% |
| Denial Rate (lower is better) | 2.2% ✓ | 11.3% |
| Avg Loan Amount | $142,536 | $89,340 |
| Avg Interest Rate (lower is better) | 6.120% ✓ | 7.061% |
| Avg Applicant Income | $35,000 | $37,000 |
| Applications Denied | 3 | 6 |
| Applications Withdrawn | 18 | 11 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | COOPERATIVA DE AC | Cooperativa de A\C |
|---|---|---|
| Conventional | 138 (100.0%) | 50 (94.3%) |
| FHA | — | 1 (1.9%) |
| VA | — | — |
| USDA | — | 2 (3.8%) |
Loan Purpose Breakdown
| Purpose | COOPERATIVA DE AC | Cooperativa de A\C |
|---|---|---|
| Home Purchase | 83 | 41 |
| Cash-out Refinancing | 50 | 11 |
| Refinancing | 4 | — |
| Other | 1 | — |
| Home Improvement | — | 1 |
Summary
- 138 total applications · 113 originated
- Approval rate: 81.9%
- Denial rate: 2.2%
- Avg loan: $142,536
- Avg rate: 6.120%
- HQ: RINCON, PR
- 53 total applications · 36 originated
- Approval rate: 67.9%
- Denial rate: 11.3%
- Avg loan: $89,340
- Avg rate: 7.061%
- HQ: Lares, PR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.