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 | Oriental Bank | Banco Popular |
|---|---|---|
| Total Applications | 1,702 | 6,295 ▲ |
| Loans Originated | 814 | 2,445 |
| Approval Rate (higher is better) | 47.8% ✓ | 38.8% |
| Denial Rate (lower is better) | 25.0% | 13.0% ✓ |
| Avg Loan Amount | $166,851 | $203,999 |
| Avg Interest Rate (lower is better) | 5.692% ✓ | 6.283% |
| Avg Applicant Income | $36,000 | $36,000 |
| Applications Denied | 425 | 819 |
| Applications Withdrawn | 302 | 334 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Oriental Bank | Banco Popular |
|---|---|---|
| Conventional | 626 (36.8%) | 2,075 (33.0%) |
| FHA | 881 (51.8%) | 3,132 (49.8%) |
| VA | 92 (5.4%) | 423 (6.7%) |
| USDA | 103 (6.1%) | 665 (10.6%) |
Loan Purpose Breakdown
| Purpose | Oriental Bank | Banco Popular |
|---|---|---|
| Home Purchase | 1,272 | 4,840 |
| Cash-out Refinancing | 284 | 419 |
| Other | 77 | 247 |
| Refinancing | 50 | 107 |
| Home Improvement | 19 | 109 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Puerto Rico | 814 | #4 |
| State | Originated | Rank |
|---|---|---|
| Puerto Rico | 2,445 | #1 |
Summary
- 1,702 total applications · 814 originated
- Approval rate: 47.8%
- Denial rate: 25.0%
- Avg loan: $166,851
- Avg rate: 5.692%
- HQ: San Juan, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.