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 | Mortgage Research Center | ALL IN CREDIT |
|---|---|---|
| Total Applications | 147,700 ▲ | 2,355 |
| Loans Originated | 73,759 | 1,018 |
| Approval Rate (higher is better) | 49.9% ✓ | 43.2% |
| Denial Rate (lower is better) | 15.9% ✓ | 32.0% |
| Avg Loan Amount | $314,113 | $126,062 |
| Avg Interest Rate (lower is better) | 6.395% ✓ | 8.763% |
| Avg Applicant Income | $41,000 | $36,000 |
| Applications Denied | 23,564 | 754 |
| Applications Withdrawn | 38,037 | 238 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Mortgage Research Center | ALL IN CREDIT |
|---|---|---|
| Conventional | 11,299 (7.6%) | 2,326 (98.8%) |
| FHA | 4,858 (3.3%) | 12 (0.5%) |
| VA | 131,276 (88.9%) | 8 (0.3%) |
| USDA | 267 (0.2%) | 9 (0.4%) |
Loan Purpose Breakdown
| Purpose | Mortgage Research Center | ALL IN CREDIT |
|---|---|---|
| Home Purchase | 97,464 | 650 |
| Cash-out Refinancing | 26,028 | 207 |
| Refinancing | 24,208 | 61 |
| Other | — | 880 |
| Home Improvement | — | 557 |
Top States by Loan Volume
Summary
- 147,700 total applications · 73,759 originated
- Approval rate: 49.9%
- Denial rate: 15.9%
- Avg loan: $314,113
- Avg rate: 6.395%
- HQ: Columbia, MO
- 2,355 total applications · 1,018 originated
- Approval rate: 43.2%
- Denial rate: 32.0%
- Avg loan: $126,062
- Avg rate: 8.763%
- HQ: DOTHAN, AL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.