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 | SUPERIOR CREDIT UNION, | THE UNION BANK |
|---|---|---|
| Total Applications | 4,153 ▲ | 1,022 |
| Loans Originated | 1,731 | 742 |
| Approval Rate (higher is better) | 41.7% | 72.6% ✓ |
| Denial Rate (lower is better) | 8.2% ✓ | 11.9% |
| Avg Loan Amount | $148,978 | $224,100 |
| Avg Interest Rate (lower is better) | 7.555% | 7.018% ✓ |
| Avg Applicant Income | $34,000 | $33,000 |
| Applications Denied | 342 | 122 |
| Applications Withdrawn | 942 | 126 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SUPERIOR CREDIT UNION, | THE UNION BANK |
|---|---|---|
| Conventional | 3,991 (96.1%) | 867 (84.8%) |
| FHA | 98 (2.4%) | 120 (11.7%) |
| VA | 3 (0.1%) | 28 (2.7%) |
| USDA | 61 (1.5%) | 7 (0.7%) |
Loan Purpose Breakdown
| Purpose | SUPERIOR CREDIT UNION, | THE UNION BANK |
|---|---|---|
| Home Purchase | 2,459 | 457 |
| Other | 752 | 107 |
| Home Improvement | 589 | 139 |
| Refinancing | 200 | 161 |
| Cash-out Refinancing | 153 | 158 |
Summary
- 4,153 total applications · 1,731 originated
- Approval rate: 41.7%
- Denial rate: 8.2%
- Avg loan: $148,978
- Avg rate: 7.555%
- HQ: LIMA, OH
- 1,022 total applications · 742 originated
- Approval rate: 72.6%
- Denial rate: 11.9%
- Avg loan: $224,100
- Avg rate: 7.018%
- HQ: COLUMBUS GROVE, OH
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.