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 | MIDDLETOWN VALLEY BANK | LOWER, LLC |
|---|---|---|
| Total Applications | 98 | 27,730 ▲ |
| Loans Originated | 86 | 17,412 |
| Approval Rate (higher is better) | 87.8% ✓ | 62.8% |
| Denial Rate (lower is better) | 3.1% ✓ | 9.4% |
| Avg Loan Amount | $496,224 | $309,569 |
| Avg Interest Rate (lower is better) | N/A | 6.742% |
| Avg Applicant Income | N/A | $40,000 |
| Applications Denied | 3 | 2,608 |
| Applications Withdrawn | 6 | 6,138 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | MIDDLETOWN VALLEY BANK | LOWER, LLC |
|---|---|---|
| Conventional | 98 (100.0%) | 17,085 (61.6%) |
| FHA | — | 7,964 (28.7%) |
| VA | — | 2,471 (8.9%) |
| USDA | — | 210 (0.8%) |
Loan Purpose Breakdown
| Purpose | MIDDLETOWN VALLEY BANK | LOWER, LLC |
|---|---|---|
| Home Purchase | 94 | 19,455 |
| Refinancing | 2 | 2,344 |
| Other | 2 | 2 |
| Cash-out Refinancing | — | 5,929 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Montana | 187 | #19 |
Summary
- 98 total applications · 86 originated
- Approval rate: 87.8%
- Denial rate: 3.1%
- Avg loan: $496,224
- HQ: MIDDLETOWN, MD
- 27,730 total applications · 17,412 originated
- Approval rate: 62.8%
- Denial rate: 9.4%
- Avg loan: $309,569
- Avg rate: 6.742%
- HQ: COLUMBIA, MD
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.