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.

Lender A

EastRise Federal Credit Union

WILLISTON, VT

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Lender B

Mascoma Bank

Lebanon, NH

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Key Metrics

Metric EastRise Federal Credit Mascoma Bank
Total Applications 3,172 1,244
Loans Originated 2,288 864
Approval Rate (higher is better) 72.1% 69.5%
Denial Rate (lower is better) 6.0% 15.4%
Avg Loan Amount $183,799 $318,569
Avg Interest Rate (lower is better) 7.156% 7.226%
Avg Applicant Income $36,000 $37,000
Applications Denied 191 192
Applications Withdrawn 453 78

✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.

Loan Type Mix

Loan Type EastRise Federal Credit Mascoma Bank
Conventional 3,156 (99.5%) 1,244 (100.0%)
FHA
VA 12 (0.4%)
USDA 4 (0.1%)

Loan Purpose Breakdown

Purpose EastRise Federal Credit Mascoma Bank
Home Purchase 1,201 544
Home Improvement 989 260
Refinancing 454 71
Other 398 241
Cash-out Refinancing 130 128

Top States by Loan Volume

EastRise Federal Credit Union
State Originated Rank
Vermont 2,206 #1
Mascoma Bank
State Originated Rank
Vermont 448 #8
New Hampshire 397 #18

Summary

EastRise Federal Credit Union
  • 3,172 total applications · 2,288 originated
  • Approval rate: 72.1%
  • Denial rate: 6.0%
  • Avg loan: $183,799
  • Avg rate: 7.156%
  • HQ: WILLISTON, VT
Mascoma Bank
  • 1,244 total applications · 864 originated
  • Approval rate: 69.5%
  • Denial rate: 15.4%
  • Avg loan: $318,569
  • Avg rate: 7.226%
  • HQ: Lebanon, NH
Data from the CFPB HMDA 2023 Snapshot National Loan-Level Dataset. Approval rates are calculated as originated / total applications. Denial rates are as reported by lenders. This data is for informational purposes only and does not constitute financial advice.

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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.