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 | Northwest Bank | CITIZENS & NORTHERN |
|---|---|---|
| Total Applications | 4,862 ▲ | 1,080 |
| Loans Originated | 3,226 | 788 |
| Approval Rate (higher is better) | 66.4% | 73.0% ✓ |
| Denial Rate (lower is better) | 20.5% | 11.6% ✓ |
| Avg Loan Amount | $150,274 | $181,593 |
| Avg Interest Rate (lower is better) | 7.464% ✓ | 7.653% |
| Avg Applicant Income | $36,000 | $33,000 |
| Applications Denied | 997 | 125 |
| Applications Withdrawn | 527 | 144 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Northwest Bank | CITIZENS & NORTHERN |
|---|---|---|
| Conventional | 4,780 (98.3%) | 1,080 (100.0%) |
| FHA | 35 (0.7%) | — |
| VA | 28 (0.6%) | — |
| USDA | 19 (0.4%) | — |
Loan Purpose Breakdown
| Purpose | Northwest Bank | CITIZENS & NORTHERN |
|---|---|---|
| Home Improvement | 1,279 | 160 |
| Other | 1,219 | 236 |
| Home Purchase | 1,183 | 535 |
| Cash-out Refinancing | 1,032 | 10 |
| Refinancing | 149 | 139 |
Summary
- 4,862 total applications · 3,226 originated
- Approval rate: 66.4%
- Denial rate: 20.5%
- Avg loan: $150,274
- Avg rate: 7.464%
- HQ: Warren, PA
- 1,080 total applications · 788 originated
- Approval rate: 73.0%
- Denial rate: 11.6%
- Avg loan: $181,593
- Avg rate: 7.653%
- HQ: WELLSBORO, PA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.