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 | Northern Credit Union | Community Bank, N.A. |
|---|---|---|
| Total Applications | 972 | 7,169 ▲ |
| Loans Originated | 702 | 5,257 |
| Approval Rate (higher is better) | 72.2% | 73.3% ✓ |
| Denial Rate (lower is better) | 17.2% | 14.1% ✓ |
| Avg Loan Amount | $96,986 | $157,377 |
| Avg Interest Rate (lower is better) | 6.464% ✓ | 7.220% |
| Avg Applicant Income | $37,000 | $36,000 |
| Applications Denied | 167 | 1,013 |
| Applications Withdrawn | 39 | 796 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Northern Credit Union | Community Bank, N.A. |
|---|---|---|
| Conventional | 935 (96.2%) | 7,147 (99.7%) |
| FHA | 30 (3.1%) | — |
| VA | 7 (0.7%) | 13 (0.2%) |
| USDA | — | 9 (0.1%) |
Loan Purpose Breakdown
| Purpose | Northern Credit Union | Community Bank, N.A. |
|---|---|---|
| Other | 344 | 666 |
| Home Improvement | 275 | 1,883 |
| Home Purchase | 197 | 3,742 |
| Refinancing | 126 | 862 |
| Cash-out Refinancing | 30 | 16 |
Top States by Loan Volume
Summary
- 972 total applications · 702 originated
- Approval rate: 72.2%
- Denial rate: 17.2%
- Avg loan: $96,986
- Avg rate: 6.464%
- HQ: Watertown, NY
- 7,169 total applications · 5,257 originated
- Approval rate: 73.3%
- Denial rate: 14.1%
- Avg loan: $157,377
- Avg rate: 7.220%
- HQ: Canton, NY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.