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 NATIONAL BANK | RANGE BANK |
|---|---|---|
| Total Applications | 797 ▲ | 320 |
| Loans Originated | 664 | 282 |
| Approval Rate (higher is better) | 83.3% | 88.1% ✓ |
| Denial Rate (lower is better) | 2.6% ✓ | 4.1% |
| Avg Loan Amount | $302,842 | $178,156 |
| Avg Interest Rate (lower is better) | 7.039% | N/A |
| Avg Applicant Income | $36,000 | N/A |
| Applications Denied | 21 | 13 |
| Applications Withdrawn | 103 | 1 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | SUPERIOR NATIONAL BANK | RANGE BANK |
|---|---|---|
| Conventional | 723 (90.7%) | 320 (100.0%) |
| FHA | 65 (8.2%) | — |
| VA | 9 (1.1%) | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | SUPERIOR NATIONAL BANK | RANGE BANK |
|---|---|---|
| Home Purchase | 654 | 155 |
| Refinancing | 63 | 34 |
| Cash-out Refinancing | 44 | 40 |
| Home Improvement | 22 | 6 |
| Other | 14 | 85 |
Summary
- 797 total applications · 664 originated
- Approval rate: 83.3%
- Denial rate: 2.6%
- Avg loan: $302,842
- Avg rate: 7.039%
- HQ: HANCOCK, MI
- 320 total applications · 282 originated
- Approval rate: 88.1%
- Denial rate: 4.1%
- Avg loan: $178,156
- HQ: MARQUETTE, MI
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.