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 County Federal | Machias Savings Bank |
|---|---|---|
| Total Applications | 356 | 844 ▲ |
| Loans Originated | 212 | 564 |
| Approval Rate (higher is better) | 59.6% | 66.8% ✓ |
| Denial Rate (lower is better) | 26.7% | 22.4% ✓ |
| Avg Loan Amount | $109,354 | $289,822 |
| Avg Interest Rate (lower is better) | N/A | 7.727% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 95 | 189 |
| Applications Withdrawn | 34 | 43 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | The County Federal | Machias Savings Bank |
|---|---|---|
| Conventional | 344 (96.6%) | 798 (94.5%) |
| FHA | — | — |
| VA | — | — |
| USDA | 12 (3.4%) | 46 (5.5%) |
Loan Purpose Breakdown
| Purpose | The County Federal | Machias Savings Bank |
|---|---|---|
| Cash-out Refinancing | 200 | 18 |
| Home Purchase | 82 | 438 |
| Refinancing | 44 | 110 |
| Home Improvement | 30 | 160 |
| Other | — | 118 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Maine | 563 | #12 |
Summary
- 356 total applications · 212 originated
- Approval rate: 59.6%
- Denial rate: 26.7%
- Avg loan: $109,354
- HQ: Caribou, ME
- 844 total applications · 564 originated
- Approval rate: 66.8%
- Denial rate: 22.4%
- Avg loan: $289,822
- Avg rate: 7.727%
- HQ: Machias, ME
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.