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 | PLATINUM EAGLE MORTGAGE, | Developer's Mortgage Company |
|---|---|---|
| Total Applications | 318 | 958 ▲ |
| Loans Originated | 213 | 633 |
| Approval Rate (higher is better) | 67.0% ✓ | 66.1% |
| Denial Rate (lower is better) | 4.1% | 3.9% ✓ |
| Avg Loan Amount | $319,497 | $341,733 |
| Avg Interest Rate (lower is better) | 6.664% ✓ | 7.092% |
| Avg Applicant Income | $39,000 | $37,000 |
| Applications Denied | 13 | 37 |
| Applications Withdrawn | 81 | 195 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | PLATINUM EAGLE MORTGAGE, | Developer's Mortgage Company |
|---|---|---|
| Conventional | 238 (74.8%) | 725 (75.7%) |
| FHA | 45 (14.2%) | 166 (17.3%) |
| VA | 34 (10.7%) | 39 (4.1%) |
| USDA | 1 (0.3%) | 28 (2.9%) |
Loan Purpose Breakdown
| Purpose | PLATINUM EAGLE MORTGAGE, | Developer's Mortgage Company |
|---|---|---|
| Home Purchase | 285 | 840 |
| Refinancing | 21 | 79 |
| Cash-out Refinancing | 12 | 37 |
| Home Improvement | — | 2 |
Summary
- 318 total applications · 213 originated
- Approval rate: 67.0%
- Denial rate: 4.1%
- Avg loan: $319,497
- Avg rate: 6.664%
- HQ: FORT WASHINGTON, PA
- 958 total applications · 633 originated
- Approval rate: 66.1%
- Denial rate: 3.9%
- Avg loan: $341,733
- Avg rate: 7.092%
- HQ: Columbus, 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.