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 | SPOKANE TEACHERS CREDIT | Coastal Community Bank |
|---|---|---|
| Total Applications | 3,632 | 64,233 ▲ |
| Loans Originated | 2,092 | 15,099 |
| Approval Rate (higher is better) | 57.6% ✓ | 23.5% |
| Denial Rate (lower is better) | 21.0% | 1.6% ✓ |
| Avg Loan Amount | $149,741 | $70,082 |
| Avg Interest Rate (lower is better) | 8.802% ✓ | 12.093% |
| Avg Applicant Income | $36,000 | $38,000 |
| Applications Denied | 762 | 1,039 |
| Applications Withdrawn | 614 | 3,270 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SPOKANE TEACHERS CREDIT | Coastal Community Bank |
|---|---|---|
| Conventional | 3,578 (98.5%) | 64,233 (100.0%) |
| FHA | 43 (1.2%) | — |
| VA | 11 (0.3%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | SPOKANE TEACHERS CREDIT | Coastal Community Bank |
|---|---|---|
| Home Improvement | 1,201 | 23,462 |
| Other | 863 | 38,300 |
| Home Purchase | 792 | 25 |
| Refinancing | 572 | 4 |
| Cash-out Refinancing | 204 | 2,442 |
Summary
- 3,632 total applications · 2,092 originated
- Approval rate: 57.6%
- Denial rate: 21.0%
- Avg loan: $149,741
- Avg rate: 8.802%
- HQ: LIBERTY LAKE, WA
- 64,233 total applications · 15,099 originated
- Approval rate: 23.5%
- Denial rate: 1.6%
- Avg loan: $70,082
- Avg rate: 12.093%
- HQ: Everett, WA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.