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 | SUMMIT FUNDING.INC | ROGUE CREDIT UNION |
|---|---|---|
| Total Applications | 8,768 ▲ | 2,752 |
| Loans Originated | 5,889 | 1,802 |
| Approval Rate (higher is better) | 67.2% ✓ | 65.5% |
| Denial Rate (lower is better) | 5.3% ✓ | 12.1% |
| Avg Loan Amount | $346,293 | $154,433 |
| Avg Interest Rate (lower is better) | 6.346% ✓ | 8.200% |
| Avg Applicant Income | $41,000 | $37,000 |
| Applications Denied | 461 | 333 |
| Applications Withdrawn | 1,866 | 537 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SUMMIT FUNDING.INC | ROGUE CREDIT UNION |
|---|---|---|
| Conventional | 5,748 (65.6%) | 2,710 (98.5%) |
| FHA | 2,276 (26.0%) | — |
| VA | 687 (7.8%) | 42 (1.5%) |
| USDA | 57 (0.7%) | — |
Loan Purpose Breakdown
| Purpose | SUMMIT FUNDING.INC | ROGUE CREDIT UNION |
|---|---|---|
| Home Purchase | 7,693 | 889 |
| Refinancing | 495 | 292 |
| Cash-out Refinancing | 402 | 167 |
| Other | 155 | 638 |
| Home Improvement | 23 | 766 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Oregon | 1,714 | #7 |
Summary
- 8,768 total applications · 5,889 originated
- Approval rate: 67.2%
- Denial rate: 5.3%
- Avg loan: $346,293
- Avg rate: 6.346%
- HQ: SACRAMENTO, CA
- 2,752 total applications · 1,802 originated
- Approval rate: 65.5%
- Denial rate: 12.1%
- Avg loan: $154,433
- Avg rate: 8.200%
- HQ: MEDFORD, OR
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.