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 | First Citizens Bank | Union Home Mortgage |
|---|---|---|
| Total Applications | 90 | 36,843 ▲ |
| Loans Originated | 78 | 27,440 |
| Approval Rate (higher is better) | 86.7% ✓ | 74.5% |
| Denial Rate (lower is better) | 8.9% | 5.3% ✓ |
| Avg Loan Amount | $75,000 | $278,227 |
| Avg Interest Rate (lower is better) | N/A | 6.909% |
| Avg Applicant Income | N/A | $38,000 |
| Applications Denied | 8 | 1,963 |
| Applications Withdrawn | 0 | 3,704 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First Citizens Bank | Union Home Mortgage |
|---|---|---|
| Conventional | 90 (100.0%) | 25,551 (69.4%) |
| FHA | — | 7,312 (19.8%) |
| VA | — | 2,967 (8.1%) |
| USDA | — | 1,013 (2.7%) |
Loan Purpose Breakdown
| Purpose | First Citizens Bank | Union Home Mortgage |
|---|---|---|
| Home Purchase | 52 | 29,892 |
| Refinancing | 21 | 3,085 |
| Home Improvement | 10 | 766 |
| Other | 7 | 1,065 |
| Cash-out Refinancing | — | 2,035 |
Top States by Loan Volume
Summary
- 90 total applications · 78 originated
- Approval rate: 86.7%
- Denial rate: 8.9%
- Avg loan: $75,000
- HQ: Luverne, AL
- 36,843 total applications · 27,440 originated
- Approval rate: 74.5%
- Denial rate: 5.3%
- Avg loan: $278,227
- Avg rate: 6.909%
- HQ: Strongsville, OH
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.