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 | GREENFIELD SAVINGS BANK | Greenfield Cooperative Bank |
|---|---|---|
| Total Applications | 480 ▲ | 345 |
| Loans Originated | 355 | 197 |
| Approval Rate (higher is better) | 74.0% ✓ | 57.1% |
| Denial Rate (lower is better) | 9.0% | 5.8% ✓ |
| Avg Loan Amount | $376,250 | $288,565 |
| Avg Interest Rate (lower is better) | 6.156% | N/A |
| Avg Applicant Income | $33,000 | N/A |
| Applications Denied | 43 | 20 |
| Applications Withdrawn | 65 | 47 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | GREENFIELD SAVINGS BANK | Greenfield Cooperative Bank |
|---|---|---|
| Conventional | 480 (100.0%) | 345 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | GREENFIELD SAVINGS BANK | Greenfield Cooperative Bank |
|---|---|---|
| Home Purchase | 284 | 238 |
| Home Improvement | 79 | 52 |
| Cash-out Refinancing | 46 | 17 |
| Other | 42 | 25 |
| Refinancing | 29 | 13 |
Summary
- 480 total applications · 355 originated
- Approval rate: 74.0%
- Denial rate: 9.0%
- Avg loan: $376,250
- Avg rate: 6.156%
- HQ: GREENFIELD, MA
- 345 total applications · 197 originated
- Approval rate: 57.1%
- Denial rate: 5.8%
- Avg loan: $288,565
- HQ: Greenfield, MA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.