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 | Pendleton Community Bank | BURKE & HERBERT |
|---|---|---|
| Total Applications | 181 | 723 ▲ |
| Loans Originated | 144 | 480 |
| Approval Rate (higher is better) | 79.6% ✓ | 66.4% |
| Denial Rate (lower is better) | 12.2% ✓ | 12.6% |
| Avg Loan Amount | $191,519 | $303,050 |
| Avg Interest Rate (lower is better) | N/A | 7.589% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 22 | 91 |
| Applications Withdrawn | 3 | 89 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Pendleton Community Bank | BURKE & HERBERT |
|---|---|---|
| Conventional | 181 (100.0%) | 722 (99.9%) |
| FHA | — | 1 (0.1%) |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Pendleton Community Bank | BURKE & HERBERT |
|---|---|---|
| Home Purchase | 126 | 313 |
| Refinancing | 30 | 74 |
| Other | 15 | 186 |
| Home Improvement | 10 | 114 |
| Cash-out Refinancing | — | 36 |
Summary
- 181 total applications · 144 originated
- Approval rate: 79.6%
- Denial rate: 12.2%
- Avg loan: $191,519
- HQ: Franklin, WV
- 723 total applications · 480 originated
- Approval rate: 66.4%
- Denial rate: 12.6%
- Avg loan: $303,050
- Avg rate: 7.589%
- HQ: Alexandria, VA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.