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 | CORNERSTONE CAPITAL BANK, | TRUE NORTH FEDERAL |
|---|---|---|
| Total Applications | 17,841 ▲ | 150 |
| Loans Originated | 7,318 | 84 |
| Approval Rate (higher is better) | 41.0% | 56.0% ✓ |
| Denial Rate (lower is better) | 0.8% ✓ | 30.0% |
| Avg Loan Amount | $361,923 | $184,533 |
| Avg Interest Rate (lower is better) | 6.383% ✓ | 7.210% |
| Avg Applicant Income | $39,000 | $38,000 |
| Applications Denied | 140 | 45 |
| Applications Withdrawn | 1,815 | 2 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | CORNERSTONE CAPITAL BANK, | TRUE NORTH FEDERAL |
|---|---|---|
| Conventional | 9,420 (52.8%) | 139 (92.7%) |
| FHA | 5,880 (33.0%) | 6 (4.0%) |
| VA | 2,383 (13.4%) | 4 (2.7%) |
| USDA | 158 (0.9%) | 1 (0.7%) |
Loan Purpose Breakdown
| Purpose | CORNERSTONE CAPITAL BANK, | TRUE NORTH FEDERAL |
|---|---|---|
| Home Purchase | 17,136 | 49 |
| Refinancing | 293 | 14 |
| Cash-out Refinancing | 242 | 85 |
| Other | 161 | — |
| Home Improvement | 9 | 2 |
Top States by Loan Volume
Summary
- 17,841 total applications · 7,318 originated
- Approval rate: 41.0%
- Denial rate: 0.8%
- Avg loan: $361,923
- Avg rate: 6.383%
- HQ: HOUSTON, TX
- 150 total applications · 84 originated
- Approval rate: 56.0%
- Denial rate: 30.0%
- Avg loan: $184,533
- Avg rate: 7.210%
- HQ: JUNEAU, AK
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.