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 | DUPONT COMMUNITY CREDIT | ALCOVA Mortgage, LLC |
|---|---|---|
| Total Applications | 993 | 6,339 ▲ |
| Loans Originated | 777 | 5,044 |
| Approval Rate (higher is better) | 78.2% | 79.6% ✓ |
| Denial Rate (lower is better) | 12.5% | 3.6% ✓ |
| Avg Loan Amount | $140,619 | $278,272 |
| Avg Interest Rate (lower is better) | 7.885% | 6.786% ✓ |
| Avg Applicant Income | $36,000 | $39,000 |
| Applications Denied | 124 | 230 |
| Applications Withdrawn | 62 | 537 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | DUPONT COMMUNITY CREDIT | ALCOVA Mortgage, LLC |
|---|---|---|
| Conventional | 986 (99.3%) | 3,810 (60.1%) |
| FHA | 1 (0.1%) | 1,528 (24.1%) |
| VA | 4 (0.4%) | 616 (9.7%) |
| USDA | 2 (0.2%) | 385 (6.1%) |
Loan Purpose Breakdown
| Purpose | DUPONT COMMUNITY CREDIT | ALCOVA Mortgage, LLC |
|---|---|---|
| Home Improvement | 400 | — |
| Other | 296 | — |
| Home Purchase | 192 | 5,506 |
| Cash-out Refinancing | 92 | — |
| Refinancing | 12 | 833 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Virginia | 2,396 | #16 |
Summary
- 993 total applications · 777 originated
- Approval rate: 78.2%
- Denial rate: 12.5%
- Avg loan: $140,619
- Avg rate: 7.885%
- HQ: WAYNESBORO, VA
- 6,339 total applications · 5,044 originated
- Approval rate: 79.6%
- Denial rate: 3.6%
- Avg loan: $278,272
- Avg rate: 6.786%
- HQ: Roanoke, VA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.