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 | PARAMOUNT RESIDENTIAL MORTGAGE | Geneva Financial LLC |
|---|---|---|
| Total Applications | 31,817 ▲ | 9,015 |
| Loans Originated | 19,385 | 5,938 |
| Approval Rate (higher is better) | 60.9% | 65.9% ✓ |
| Denial Rate (lower is better) | 3.1% | 2.7% ✓ |
| Avg Loan Amount | $385,068 | $270,281 |
| Avg Interest Rate (lower is better) | 6.377% ✓ | 6.571% |
| Avg Applicant Income | $42,000 | $39,000 |
| Applications Denied | 989 | 245 |
| Applications Withdrawn | 8,322 | 2,703 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | PARAMOUNT RESIDENTIAL MORTGAGE | Geneva Financial LLC |
|---|---|---|
| Conventional | 17,179 (54.0%) | 5,368 (59.5%) |
| FHA | 11,228 (35.3%) | 2,827 (31.4%) |
| VA | 2,859 (9.0%) | 596 (6.6%) |
| USDA | 551 (1.7%) | 224 (2.5%) |
Loan Purpose Breakdown
| Purpose | PARAMOUNT RESIDENTIAL MORTGAGE | Geneva Financial LLC |
|---|---|---|
| Home Purchase | 26,571 | 7,455 |
| Cash-out Refinancing | 2,684 | 1,090 |
| Refinancing | 2,014 | 462 |
| Home Improvement | 440 | — |
| Other | 94 | 8 |
Summary
- 31,817 total applications · 19,385 originated
- Approval rate: 60.9%
- Denial rate: 3.1%
- Avg loan: $385,068
- Avg rate: 6.377%
- HQ: CORONA, CA
- 9,015 total applications · 5,938 originated
- Approval rate: 65.9%
- Denial rate: 2.7%
- Avg loan: $270,281
- Avg rate: 6.571%
- HQ: Chandler, AZ
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.