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 | I H MISSISSIPPI | Empeople Credit Union |
|---|---|---|
| Total Applications | 2,351 | 3,246 ▲ |
| Loans Originated | 756 | 2,007 |
| Approval Rate (higher is better) | 32.2% | 61.8% ✓ |
| Denial Rate (lower is better) | 7.8% ✓ | 18.4% |
| Avg Loan Amount | $141,168 | $179,418 |
| Avg Interest Rate (lower is better) | 6.916% | 6.721% ✓ |
| Avg Applicant Income | $35,000 | $36,000 |
| Applications Denied | 183 | 596 |
| Applications Withdrawn | 96 | 566 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | I H MISSISSIPPI | Empeople Credit Union |
|---|---|---|
| Conventional | 2,199 (93.5%) | 3,246 (100.0%) |
| FHA | 136 (5.8%) | — |
| VA | 16 (0.7%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | I H MISSISSIPPI | Empeople Credit Union |
|---|---|---|
| Home Purchase | 1,672 | 1,190 |
| Refinancing | 383 | 704 |
| Other | 159 | 624 |
| Home Improvement | 120 | 459 |
| Cash-out Refinancing | 17 | 269 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Iowa | 643 | #19 |
Summary
- 2,351 total applications · 756 originated
- Approval rate: 32.2%
- Denial rate: 7.8%
- Avg loan: $141,168
- Avg rate: 6.916%
- HQ: MOLINE, IL
- 3,246 total applications · 2,007 originated
- Approval rate: 61.8%
- Denial rate: 18.4%
- Avg loan: $179,418
- Avg rate: 6.721%
- HQ: Moline, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.