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 | THE BANK OF | EASTMAN CREDIT UNION |
|---|---|---|
| Total Applications | 406 | 6,743 ▲ |
| Loans Originated | 331 | 4,455 |
| Approval Rate (higher is better) | 81.5% ✓ | 66.1% |
| Denial Rate (lower is better) | 13.8% ✓ | 18.7% |
| Avg Loan Amount | $162,414 | $178,119 |
| Avg Interest Rate (lower is better) | 6.665% ✓ | 7.476% |
| Avg Applicant Income | $20,000 | $37,000 |
| Applications Denied | 56 | 1,259 |
| Applications Withdrawn | 4 | 772 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | THE BANK OF | EASTMAN CREDIT UNION |
|---|---|---|
| Conventional | 406 (100.0%) | 6,723 (99.7%) |
| FHA | — | 1 (0.0%) |
| VA | — | 18 (0.3%) |
| USDA | — | 1 (0.0%) |
Loan Purpose Breakdown
| Purpose | THE BANK OF | EASTMAN CREDIT UNION |
|---|---|---|
| Home Purchase | 221 | 2,620 |
| Refinancing | 82 | 200 |
| Other | 68 | 1,446 |
| Home Improvement | 35 | 1,568 |
| Cash-out Refinancing | — | 909 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Tennessee | 3,032 | #7 |
Summary
- 406 total applications · 331 originated
- Approval rate: 81.5%
- Denial rate: 13.8%
- Avg loan: $162,414
- Avg rate: 6.665%
- HQ: MARION, VA
- 6,743 total applications · 4,455 originated
- Approval rate: 66.1%
- Denial rate: 18.7%
- Avg loan: $178,119
- Avg rate: 7.476%
- HQ: KINGSPORT, TN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.