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 | EASTMAN CREDIT UNION | Powell Valley National |
|---|---|---|
| Total Applications | 6,743 ▲ | 149 |
| Loans Originated | 4,455 | 106 |
| Approval Rate (higher is better) | 66.1% | 71.1% ✓ |
| Denial Rate (lower is better) | 18.7% | 14.1% ✓ |
| Avg Loan Amount | $178,119 | $231,443 |
| Avg Interest Rate (lower is better) | 7.476% | N/A |
| Avg Applicant Income | $37,000 | N/A |
| Applications Denied | 1,259 | 21 |
| Applications Withdrawn | 772 | 22 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | EASTMAN CREDIT UNION | Powell Valley National |
|---|---|---|
| Conventional | 6,723 (99.7%) | 149 (100.0%) |
| FHA | 1 (0.0%) | — |
| VA | 18 (0.3%) | — |
| USDA | 1 (0.0%) | — |
Loan Purpose Breakdown
| Purpose | EASTMAN CREDIT UNION | Powell Valley National |
|---|---|---|
| Home Purchase | 2,620 | 113 |
| Home Improvement | 1,568 | 4 |
| Other | 1,446 | 12 |
| Cash-out Refinancing | 909 | 13 |
| Refinancing | 200 | 7 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Tennessee | 3,032 | #7 |
No state data available.
Summary
- 6,743 total applications · 4,455 originated
- Approval rate: 66.1%
- Denial rate: 18.7%
- Avg loan: $178,119
- Avg rate: 7.476%
- HQ: KINGSPORT, TN
- 149 total applications · 106 originated
- Approval rate: 71.1%
- Denial rate: 14.1%
- Avg loan: $231,443
- HQ: Jonesville, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.