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 | FIBRE FEDERAL CREDIT | RED CANOE CREDIT |
|---|---|---|
| Total Applications | 1,339 ▲ | 831 |
| Loans Originated | 786 | 477 |
| Approval Rate (higher is better) | 58.7% ✓ | 57.4% |
| Denial Rate (lower is better) | 27.1% | 11.9% ✓ |
| Avg Loan Amount | $151,736 | $152,581 |
| Avg Interest Rate (lower is better) | 8.067% | 7.931% ✓ |
| Avg Applicant Income | $36,000 | $37,000 |
| Applications Denied | 363 | 99 |
| Applications Withdrawn | 13 | 156 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIBRE FEDERAL CREDIT | RED CANOE CREDIT |
|---|---|---|
| Conventional | 1,306 (97.5%) | 831 (100.0%) |
| FHA | 29 (2.2%) | — |
| VA | 4 (0.3%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | FIBRE FEDERAL CREDIT | RED CANOE CREDIT |
|---|---|---|
| Other | 477 | 4 |
| Home Improvement | 429 | 142 |
| Home Purchase | 295 | 45 |
| Cash-out Refinancing | 93 | 127 |
| Refinancing | 45 | 513 |
Summary
- 1,339 total applications · 786 originated
- Approval rate: 58.7%
- Denial rate: 27.1%
- Avg loan: $151,736
- Avg rate: 8.067%
- HQ: LONGVIEW, WA
- 831 total applications · 477 originated
- Approval rate: 57.4%
- Denial rate: 11.9%
- Avg loan: $152,581
- Avg rate: 7.931%
- HQ: LONGVIEW, WA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.