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 | Stockman Bank of | ALLIANT CREDIT UNION |
|---|---|---|
| Total Applications | 2,613 | 13,725 ▲ |
| Loans Originated | 2,011 | 6,591 |
| Approval Rate (higher is better) | 77.0% ✓ | 48.0% |
| Denial Rate (lower is better) | 5.7% ✓ | 26.2% |
| Avg Loan Amount | $284,043 | $262,118 |
| Avg Interest Rate (lower is better) | 7.133% ✓ | 7.984% |
| Avg Applicant Income | $37,000 | $37,000 |
| Applications Denied | 148 | 3,602 |
| Applications Withdrawn | 399 | 1,268 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Stockman Bank of | ALLIANT CREDIT UNION |
|---|---|---|
| Conventional | 2,150 (82.3%) | 13,514 (98.5%) |
| FHA | 249 (9.5%) | 58 (0.4%) |
| VA | 196 (7.5%) | 153 (1.1%) |
| USDA | 18 (0.7%) | — |
Loan Purpose Breakdown
| Purpose | Stockman Bank of | ALLIANT CREDIT UNION |
|---|---|---|
| Home Purchase | 1,611 | 4,561 |
| Refinancing | 312 | 1,794 |
| Home Improvement | 302 | 2,713 |
| Other | 269 | 4,278 |
| Cash-out Refinancing | 119 | 379 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Montana | 1,994 | #1 |
No state data available.
Summary
- 2,613 total applications · 2,011 originated
- Approval rate: 77.0%
- Denial rate: 5.7%
- Avg loan: $284,043
- Avg rate: 7.133%
- HQ: Miles City, MT
- 13,725 total applications · 6,591 originated
- Approval rate: 48.0%
- Denial rate: 26.2%
- Avg loan: $262,118
- Avg rate: 7.984%
- HQ: CHICAGO, IL
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.