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

VERMONT FEDERAL CREDIT UNION

SOUTH BURLINGTON, VT

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Key Metrics

Metric EastRise Federal Credit VERMONT FEDERAL CREDIT
Total Applications 3,172 853
Loans Originated 2,288 601
Approval Rate (higher is better) 72.1% 70.5%
Denial Rate (lower is better) 6.0% 17.1%
Avg Loan Amount $183,799 $185,821
Avg Interest Rate (lower is better) 7.156% 7.269%
Avg Applicant Income $36,000 $35,000
Applications Denied 191 146
Applications Withdrawn 453 73

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

Loan Type Mix

Loan Type EastRise Federal Credit VERMONT FEDERAL CREDIT
Conventional 3,156 (99.5%) 852 (99.9%)
FHA
VA 12 (0.4%)
USDA 4 (0.1%) 1 (0.1%)

Loan Purpose Breakdown

Purpose EastRise Federal Credit VERMONT FEDERAL CREDIT
Home Purchase 1,201 236
Home Improvement 989 220
Refinancing 454 219
Other 398 141
Cash-out Refinancing 130 37

Top States by Loan Volume

EastRise Federal Credit Union
State Originated Rank
Vermont 2,206 #1
VERMONT FEDERAL CREDIT UNION
State Originated Rank
Vermont 601 #4

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
VERMONT FEDERAL CREDIT UNION
  • 853 total applications · 601 originated
  • Approval rate: 70.5%
  • Denial rate: 17.1%
  • Avg loan: $185,821
  • Avg rate: 7.269%
  • HQ: SOUTH BURLINGTON, VT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.