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 | SELCO COMMUNITY CREDIT | OnPoint Community Credit |
|---|---|---|
| Total Applications | 2,086 | 10,400 ▲ |
| Loans Originated | 1,226 | 7,152 |
| Approval Rate (higher is better) | 58.8% | 68.8% ✓ |
| Denial Rate (lower is better) | 27.1% | 17.4% ✓ |
| Avg Loan Amount | $116,256 | $206,435 |
| Avg Interest Rate (lower is better) | 7.934% ✓ | 8.000% |
| Avg Applicant Income | $35,000 | $38,000 |
| Applications Denied | 566 | 1,807 |
| Applications Withdrawn | 147 | 807 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SELCO COMMUNITY CREDIT | OnPoint Community Credit |
|---|---|---|
| Conventional | 2,086 (100.0%) | 10,193 (98.0%) |
| FHA | — | 171 (1.6%) |
| VA | — | 36 (0.3%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | SELCO COMMUNITY CREDIT | OnPoint Community Credit |
|---|---|---|
| Home Improvement | 838 | 3,626 |
| Other | 808 | 1,856 |
| Home Purchase | 230 | 2,634 |
| Refinancing | 206 | 2,030 |
| Cash-out Refinancing | 4 | 254 |
Top States by Loan Volume
Summary
- 2,086 total applications · 1,226 originated
- Approval rate: 58.8%
- Denial rate: 27.1%
- Avg loan: $116,256
- Avg rate: 7.934%
- HQ: SPRINGFIELD, OR
- 10,400 total applications · 7,152 originated
- Approval rate: 68.8%
- Denial rate: 17.4%
- Avg loan: $206,435
- Avg rate: 8.000%
- HQ: Portland, OR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.