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 | Interstate Credit Union | AMERISAVE MORTGAGE COMPANY |
|---|---|---|
| Total Applications | 194 | 107,775 ▲ |
| Loans Originated | 98 | 16,102 |
| Approval Rate (higher is better) | 50.5% ✓ | 14.9% |
| Denial Rate (lower is better) | 22.2% ✓ | 69.0% |
| Avg Loan Amount | $86,237 | $175,493 |
| Avg Interest Rate (lower is better) | 8.830% | 8.494% ✓ |
| Avg Applicant Income | $33,000 | $40,000 |
| Applications Denied | 43 | 74,388 |
| Applications Withdrawn | 42 | 6,421 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Interstate Credit Union | AMERISAVE MORTGAGE COMPANY |
|---|---|---|
| Conventional | 192 (99.0%) | 70,858 (65.7%) |
| FHA | 2 (1.0%) | 30,256 (28.1%) |
| VA | — | 6,645 (6.2%) |
| USDA | — | 16 (0.0%) |
Loan Purpose Breakdown
| Purpose | Interstate Credit Union | AMERISAVE MORTGAGE COMPANY |
|---|---|---|
| Home Purchase | 62 | 8,289 |
| Home Improvement | 42 | — |
| Other | 37 | — |
| Cash-out Refinancing | 32 | 94,402 |
| Refinancing | 15 | 5,084 |
Summary
- 194 total applications · 98 originated
- Approval rate: 50.5%
- Denial rate: 22.2%
- Avg loan: $86,237
- Avg rate: 8.830%
- HQ: Jesup, GA
- 107,775 total applications · 16,102 originated
- Approval rate: 14.9%
- Denial rate: 69.0%
- Avg loan: $175,493
- Avg rate: 8.494%
- HQ: SANDY SPRINGS, GA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.