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 | SIMPLICITY CREDIT UNION | Associated Bank NA |
|---|---|---|
| Total Applications | 648 | 10,999 ▲ |
| Loans Originated | 493 | 6,532 |
| Approval Rate (higher is better) | 76.1% ✓ | 59.4% |
| Denial Rate (lower is better) | 7.9% ✓ | 24.4% |
| Avg Loan Amount | $127,948 | $293,296 |
| Avg Interest Rate (lower is better) | 7.213% ✓ | 7.600% |
| Avg Applicant Income | $35,000 | $36,000 |
| Applications Denied | 51 | 2,679 |
| Applications Withdrawn | 100 | 617 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SIMPLICITY CREDIT UNION | Associated Bank NA |
|---|---|---|
| Conventional | 648 (100.0%) | 10,458 (95.1%) |
| FHA | — | 458 (4.2%) |
| VA | — | 77 (0.7%) |
| USDA | — | 6 (0.1%) |
Loan Purpose Breakdown
| Purpose | SIMPLICITY CREDIT UNION | Associated Bank NA |
|---|---|---|
| Home Purchase | 223 | 4,752 |
| Other | 178 | 1,761 |
| Home Improvement | 160 | 2,258 |
| Cash-out Refinancing | 56 | 334 |
| Refinancing | 31 | 1,894 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Wisconsin | 4,798 | #4 |
Summary
- 648 total applications · 493 originated
- Approval rate: 76.1%
- Denial rate: 7.9%
- Avg loan: $127,948
- Avg rate: 7.213%
- HQ: MARSHFIELD, WI
- 10,999 total applications · 6,532 originated
- Approval rate: 59.4%
- Denial rate: 24.4%
- Avg loan: $293,296
- Avg rate: 7.600%
- HQ: Green Bay, WI
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.