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 | STOCKTON MORTGAGE CORPORATION | Commonwealth Credit Union |
|---|---|---|
| Total Applications | 12,011 ▲ | 2,600 |
| Loans Originated | 7,797 | 1,543 |
| Approval Rate (higher is better) | 64.9% ✓ | 59.3% |
| Denial Rate (lower is better) | 6.5% ✓ | 23.4% |
| Avg Loan Amount | $244,232 | $140,412 |
| Avg Interest Rate (lower is better) | 6.552% ✓ | 8.128% |
| Avg Applicant Income | $39,000 | $36,000 |
| Applications Denied | 782 | 607 |
| Applications Withdrawn | 2,538 | 448 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | STOCKTON MORTGAGE CORPORATION | Commonwealth Credit Union |
|---|---|---|
| Conventional | 5,337 (44.4%) | 2,579 (99.2%) |
| FHA | 4,855 (40.4%) | 9 (0.3%) |
| VA | 1,169 (9.7%) | — |
| USDA | 650 (5.4%) | 12 (0.5%) |
Loan Purpose Breakdown
| Purpose | STOCKTON MORTGAGE CORPORATION | Commonwealth Credit Union |
|---|---|---|
| Home Purchase | 9,177 | 526 |
| Cash-out Refinancing | 1,808 | 515 |
| Refinancing | 947 | 323 |
| Other | 79 | 649 |
| Home Improvement | — | 587 |
Top States by Loan Volume
Summary
- 12,011 total applications · 7,797 originated
- Approval rate: 64.9%
- Denial rate: 6.5%
- Avg loan: $244,232
- Avg rate: 6.552%
- HQ: FRANKFORT, KY
- 2,600 total applications · 1,543 originated
- Approval rate: 59.3%
- Denial rate: 23.4%
- Avg loan: $140,412
- Avg rate: 8.128%
- HQ: Frankfort, KY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.