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 TRUST COMPANY | EastRise Federal Credit |
|---|---|---|
| Total Applications | 200 | 3,172 ▲ |
| Loans Originated | 152 | 2,288 |
| Approval Rate (higher is better) | 76.0% ✓ | 72.1% |
| Denial Rate (lower is better) | 12.5% | 6.0% ✓ |
| Avg Loan Amount | $217,750 | $183,799 |
| Avg Interest Rate (lower is better) | N/A | 7.156% |
| Avg Applicant Income | N/A | $36,000 |
| Applications Denied | 25 | 191 |
| Applications Withdrawn | 19 | 453 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | PEOPLES TRUST COMPANY | EastRise Federal Credit |
|---|---|---|
| Conventional | 198 (99.0%) | 3,156 (99.5%) |
| FHA | — | — |
| VA | — | 12 (0.4%) |
| USDA | 2 (1.0%) | 4 (0.1%) |
Loan Purpose Breakdown
| Purpose | PEOPLES TRUST COMPANY | EastRise Federal Credit |
|---|---|---|
| Home Purchase | 112 | 1,201 |
| Other | 33 | 398 |
| Home Improvement | 28 | 989 |
| Refinancing | 15 | 454 |
| Cash-out Refinancing | 12 | 130 |
Top States by Loan Volume
Summary
- 200 total applications · 152 originated
- Approval rate: 76.0%
- Denial rate: 12.5%
- Avg loan: $217,750
- HQ: ST. ALBANS, VT
- 3,172 total applications · 2,288 originated
- Approval rate: 72.1%
- Denial rate: 6.0%
- Avg loan: $183,799
- Avg rate: 7.156%
- HQ: WILLISTON, VT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.