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 International Bank | Aspire Community Federal |
|---|---|---|
| Total Applications | 1,791 ▲ | 118 |
| Loans Originated | 1,437 | 109 |
| Approval Rate (higher is better) | 80.2% | 92.4% ✓ |
| Denial Rate (lower is better) | 6.6% ✓ | 7.6% |
| Avg Loan Amount | $304,207 | $165,085 |
| Avg Interest Rate (lower is better) | 7.133% | N/A |
| Avg Applicant Income | $37,000 | N/A |
| Applications Denied | 118 | 9 |
| Applications Withdrawn | 207 | 0 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | First International Bank | Aspire Community Federal |
|---|---|---|
| Conventional | 1,493 (83.4%) | 118 (100.0%) |
| FHA | 210 (11.7%) | — |
| VA | 79 (4.4%) | — |
| USDA | 9 (0.5%) | — |
Loan Purpose Breakdown
| Purpose | First International Bank | Aspire Community Federal |
|---|---|---|
| Home Purchase | 1,171 | 49 |
| Home Improvement | 186 | — |
| Other | 178 | 8 |
| Refinancing | 148 | 21 |
| Cash-out Refinancing | 108 | 40 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| North Dakota | 758 | #2 |
| South Dakota | 319 | #16 |
No state data available.
Summary
- 1,791 total applications · 1,437 originated
- Approval rate: 80.2%
- Denial rate: 6.6%
- Avg loan: $304,207
- Avg rate: 7.133%
- HQ: Minot, ND
- 118 total applications · 109 originated
- Approval rate: 92.4%
- Denial rate: 7.6%
- Avg loan: $165,085
- HQ: Minot, ND
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.