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 | FirstBank | ALPINE BANK |
|---|---|---|
| Total Applications | 5,544 ▲ | 1,653 |
| Loans Originated | 3,423 | 1,212 |
| Approval Rate (higher is better) | 61.7% | 73.3% ✓ |
| Denial Rate (lower is better) | 13.8% | 12.0% ✓ |
| Avg Loan Amount | $389,470 | $440,626 |
| Avg Interest Rate (lower is better) | 7.609% ✓ | 8.716% |
| Avg Applicant Income | $39,000 | $36,000 |
| Applications Denied | 768 | 199 |
| Applications Withdrawn | 994 | 136 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FirstBank | ALPINE BANK |
|---|---|---|
| Conventional | 5,533 (99.8%) | 1,626 (98.4%) |
| FHA | 11 (0.2%) | 19 (1.1%) |
| VA | — | 8 (0.5%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | FirstBank | ALPINE BANK |
|---|---|---|
| Home Purchase | 2,214 | 591 |
| Home Improvement | 1,378 | 471 |
| Refinancing | 1,008 | 353 |
| Other | 920 | 184 |
| Cash-out Refinancing | 24 | 54 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Colorado | 3,073 | #6 |
No state data available.
Summary
- 5,544 total applications · 3,423 originated
- Approval rate: 61.7%
- Denial rate: 13.8%
- Avg loan: $389,470
- Avg rate: 7.609%
- HQ: Lakewood, CO
- 1,653 total applications · 1,212 originated
- Approval rate: 73.3%
- Denial rate: 12.0%
- Avg loan: $440,626
- Avg rate: 8.716%
- HQ: GRAND JUNCTION, CO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.