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 | SERVICE FEDERAL CREDIT | LIGHTHOUSE FEDERAL CREDIT |
|---|---|---|
| Total Applications | 3,501 ▲ | 2,531 |
| Loans Originated | 1,834 | 1,206 |
| Approval Rate (higher is better) | 52.4% ✓ | 47.6% |
| Denial Rate (lower is better) | 26.9% ✓ | 29.8% |
| Avg Loan Amount | $229,102 | $156,904 |
| Avg Interest Rate (lower is better) | 6.752% ✓ | 7.639% |
| Avg Applicant Income | $36,000 | $37,000 |
| Applications Denied | 941 | 754 |
| Applications Withdrawn | 312 | 159 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SERVICE FEDERAL CREDIT | LIGHTHOUSE FEDERAL CREDIT |
|---|---|---|
| Conventional | 3,393 (96.9%) | 2,531 (100.0%) |
| FHA | — | — |
| VA | 105 (3.0%) | — |
| USDA | 3 (0.1%) | — |
Loan Purpose Breakdown
| Purpose | SERVICE FEDERAL CREDIT | LIGHTHOUSE FEDERAL CREDIT |
|---|---|---|
| Other | 1,886 | 454 |
| Home Purchase | 702 | 638 |
| Home Improvement | 595 | 1,048 |
| Cash-out Refinancing | 219 | 314 |
| Refinancing | 99 | 77 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| New Hampshire | 1,197 | #5 |
| State | Originated | Rank |
|---|---|---|
| New Hampshire | 809 | #8 |
| Maine | 387 | #16 |
Summary
- 3,501 total applications · 1,834 originated
- Approval rate: 52.4%
- Denial rate: 26.9%
- Avg loan: $229,102
- Avg rate: 6.752%
- HQ: PORTSMOUTH, NH
- 2,531 total applications · 1,206 originated
- Approval rate: 47.6%
- Denial rate: 29.8%
- Avg loan: $156,904
- Avg rate: 7.639%
- HQ: PORTSMOUTH, NH
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.