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 | FULTON BANK, NATIONAL | SERVICE 1ST FEDERAL |
|---|---|---|
| Total Applications | 9,550 ▲ | 741 |
| Loans Originated | 5,824 | 669 |
| Approval Rate (higher is better) | 61.0% | 90.3% ✓ |
| Denial Rate (lower is better) | 20.9% | 8.5% ✓ |
| Avg Loan Amount | $296,763 | $101,653 |
| Avg Interest Rate (lower is better) | 6.677% ✓ | 8.104% |
| Avg Applicant Income | $37,000 | $32,000 |
| Applications Denied | 2,000 | 63 |
| Applications Withdrawn | 1,275 | 3 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FULTON BANK, NATIONAL | SERVICE 1ST FEDERAL |
|---|---|---|
| Conventional | 9,065 (94.9%) | 741 (100.0%) |
| FHA | 383 (4.0%) | — |
| VA | 91 (1.0%) | — |
| USDA | 11 (0.1%) | — |
Loan Purpose Breakdown
| Purpose | FULTON BANK, NATIONAL | SERVICE 1ST FEDERAL |
|---|---|---|
| Home Purchase | 4,723 | 70 |
| Home Improvement | 2,213 | 118 |
| Other | 1,234 | 442 |
| Refinancing | 1,206 | 101 |
| Cash-out Refinancing | 173 | 10 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Pennsylvania | 2,989 | #12 |
No state data available.
Summary
- 9,550 total applications · 5,824 originated
- Approval rate: 61.0%
- Denial rate: 20.9%
- Avg loan: $296,763
- Avg rate: 6.677%
- HQ: LANCASTER, PA
- 741 total applications · 669 originated
- Approval rate: 90.3%
- Denial rate: 8.5%
- Avg loan: $101,653
- Avg rate: 8.104%
- HQ: DANVILLE, PA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.