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 | NorthCountry Federal Credit | Union Bank |
|---|---|---|
| Total Applications | 1,223 ▲ | 843 |
| Loans Originated | 689 | 662 |
| Approval Rate (higher is better) | 56.3% | 78.5% ✓ |
| Denial Rate (lower is better) | 17.5% | 7.5% ✓ |
| Avg Loan Amount | $140,626 | $317,669 |
| Avg Interest Rate (lower is better) | 7.651% | 7.016% ✓ |
| Avg Applicant Income | $38,000 | $35,000 |
| Applications Denied | 214 | 63 |
| Applications Withdrawn | 252 | 113 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | NorthCountry Federal Credit | Union Bank |
|---|---|---|
| Conventional | 1,223 (100.0%) | 800 (94.9%) |
| FHA | — | 28 (3.3%) |
| VA | — | 6 (0.7%) |
| USDA | — | 9 (1.1%) |
Loan Purpose Breakdown
| Purpose | NorthCountry Federal Credit | Union Bank |
|---|---|---|
| Home Purchase | 393 | 615 |
| Home Improvement | 313 | 77 |
| Refinancing | 264 | 24 |
| Other | 199 | 68 |
| Cash-out Refinancing | 54 | 59 |
Top States by Loan Volume
Summary
- 1,223 total applications · 689 originated
- Approval rate: 56.3%
- Denial rate: 17.5%
- Avg loan: $140,626
- Avg rate: 7.651%
- HQ: Burlington, VT
- 843 total applications · 662 originated
- Approval rate: 78.5%
- Denial rate: 7.5%
- Avg loan: $317,669
- Avg rate: 7.016%
- HQ: Morrisville, VT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.