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 | MEMBERS 1ST | TRADITIONS BANK |
|---|---|---|
| Total Applications | 11,650 ▲ | 1,197 |
| Loans Originated | 6,239 | 994 |
| Approval Rate (higher is better) | 53.6% | 83.0% ✓ |
| Denial Rate (lower is better) | 36.8% | 8.3% ✓ |
| Avg Loan Amount | $106,706 | $259,302 |
| Avg Interest Rate (lower is better) | 4.050% ✓ | 7.020% |
| Avg Applicant Income | $35,000 | $37,000 |
| Applications Denied | 4,284 | 99 |
| Applications Withdrawn | 922 | 73 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | MEMBERS 1ST | TRADITIONS BANK |
|---|---|---|
| Conventional | 11,582 (99.4%) | 1,036 (86.5%) |
| FHA | 49 (0.4%) | 134 (11.2%) |
| VA | 18 (0.2%) | 25 (2.1%) |
| USDA | 1 (0.0%) | 2 (0.2%) |
Loan Purpose Breakdown
| Purpose | MEMBERS 1ST | TRADITIONS BANK |
|---|---|---|
| Home Improvement | 4,891 | 12 |
| Other | 2,974 | 167 |
| Refinancing | 2,649 | 59 |
| Home Purchase | 1,113 | 919 |
| Cash-out Refinancing | 23 | 40 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Pennsylvania | 6,155 | #6 |
No state data available.
Summary
- 11,650 total applications · 6,239 originated
- Approval rate: 53.6%
- Denial rate: 36.8%
- Avg loan: $106,706
- Avg rate: 4.050%
- HQ: ENOLA, PA
- 1,197 total applications · 994 originated
- Approval rate: 83.0%
- Denial rate: 8.3%
- Avg loan: $259,302
- Avg rate: 7.020%
- HQ: YORK, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.