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.

Lender A

Mascoma Bank

Lebanon, NH

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Lender B

EMM Loans LLC

Cherry Hill, NJ

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Key Metrics

Metric Mascoma Bank EMM Loans LLC
Total Applications 1,244 7,355
Loans Originated 864 5,285
Approval Rate (higher is better) 69.5% 71.9%
Denial Rate (lower is better) 15.4% 5.0%
Avg Loan Amount $318,569 $329,476
Avg Interest Rate (lower is better) 7.226% 6.549%
Avg Applicant Income $37,000 $39,000
Applications Denied 192 366
Applications Withdrawn 78 718

✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.

Loan Type Mix

Loan Type Mascoma Bank EMM Loans LLC
Conventional 1,244 (100.0%) 4,180 (56.8%)
FHA 2,547 (34.6%)
VA 545 (7.4%)
USDA 83 (1.1%)

Loan Purpose Breakdown

Purpose Mascoma Bank EMM Loans LLC
Home Purchase 544 5,388
Home Improvement 260
Other 241
Cash-out Refinancing 128
Refinancing 71 1,967

Top States by Loan Volume

Mascoma Bank
State Originated Rank
Vermont 448 #8
New Hampshire 397 #18
EMM Loans LLC
State Originated Rank
New Hampshire 760 #10
Vermont 450 #7

Summary

Mascoma Bank
  • 1,244 total applications · 864 originated
  • Approval rate: 69.5%
  • Denial rate: 15.4%
  • Avg loan: $318,569
  • Avg rate: 7.226%
  • HQ: Lebanon, NH
EMM Loans LLC
  • 7,355 total applications · 5,285 originated
  • Approval rate: 71.9%
  • Denial rate: 5.0%
  • Avg loan: $329,476
  • Avg rate: 6.549%
  • HQ: Cherry Hill, NJ
Data from the CFPB HMDA 2023 Snapshot National Loan-Level Dataset. Approval rates are calculated as originated / total applications. Denial rates are as reported by lenders. This data is for informational purposes only and does not constitute financial advice.

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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.