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 | Peoples Bank | Union Home Mortgage |
|---|---|---|
| Total Applications | 3,106 | 36,843 ▲ |
| Loans Originated | 1,919 | 27,440 |
| Approval Rate (higher is better) | 61.8% | 74.5% ✓ |
| Denial Rate (lower is better) | 21.7% | 5.3% ✓ |
| Avg Loan Amount | $146,211 | $278,227 |
| Avg Interest Rate (lower is better) | 8.055% | 6.909% ✓ |
| Avg Applicant Income | $33,000 | $38,000 |
| Applications Denied | 675 | 1,963 |
| Applications Withdrawn | 262 | 3,704 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Peoples Bank | Union Home Mortgage |
|---|---|---|
| Conventional | 2,987 (96.2%) | 25,551 (69.4%) |
| FHA | 101 (3.3%) | 7,312 (19.8%) |
| VA | 8 (0.3%) | 2,967 (8.1%) |
| USDA | 10 (0.3%) | 1,013 (2.7%) |
Loan Purpose Breakdown
| Purpose | Peoples Bank | Union Home Mortgage |
|---|---|---|
| Home Purchase | 976 | 29,892 |
| Home Improvement | 967 | 766 |
| Cash-out Refinancing | 630 | 2,035 |
| Other | 418 | 1,065 |
| Refinancing | 115 | 3,085 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| West Virginia | 414 | #14 |
Summary
- 3,106 total applications · 1,919 originated
- Approval rate: 61.8%
- Denial rate: 21.7%
- Avg loan: $146,211
- Avg rate: 8.055%
- HQ: Marietta, OH
- 36,843 total applications · 27,440 originated
- Approval rate: 74.5%
- Denial rate: 5.3%
- Avg loan: $278,227
- Avg rate: 6.909%
- HQ: Strongsville, OH
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.