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 | MULTIPLES MORTGAGE CORP. | Banco Popular |
|---|---|---|
| Total Applications | 196 | 6,295 ▲ |
| Loans Originated | 146 | 2,445 |
| Approval Rate (higher is better) | 74.5% ✓ | 38.8% |
| Denial Rate (lower is better) | 7.1% ✓ | 13.0% |
| Avg Loan Amount | $153,010 | $203,999 |
| Avg Interest Rate (lower is better) | 6.911% | 6.283% ✓ |
| Avg Applicant Income | $36,000 | $36,000 |
| Applications Denied | 14 | 819 |
| Applications Withdrawn | 28 | 334 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | MULTIPLES MORTGAGE CORP. | Banco Popular |
|---|---|---|
| Conventional | 146 (74.5%) | 2,075 (33.0%) |
| FHA | 44 (22.4%) | 3,132 (49.8%) |
| VA | 1 (0.5%) | 423 (6.7%) |
| USDA | 5 (2.6%) | 665 (10.6%) |
Loan Purpose Breakdown
| Purpose | MULTIPLES MORTGAGE CORP. | Banco Popular |
|---|---|---|
| Home Purchase | 171 | 4,840 |
| Cash-out Refinancing | 18 | 419 |
| Refinancing | 7 | 107 |
| Other | — | 247 |
| Home Improvement | — | 109 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Puerto Rico | 143 | #19 |
| State | Originated | Rank |
|---|---|---|
| Puerto Rico | 2,445 | #1 |
Summary
- 196 total applications · 146 originated
- Approval rate: 74.5%
- Denial rate: 7.1%
- Avg loan: $153,010
- Avg rate: 6.911%
- HQ: Rio Piedras, PR
- 6,295 total applications · 2,445 originated
- Approval rate: 38.8%
- Denial rate: 13.0%
- Avg loan: $203,999
- Avg rate: 6.283%
- HQ: San Juan, PR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.