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 Hamilton Bank | Bank Northwest |
|---|---|---|
| Total Applications | 46 | 108 ▲ |
| Loans Originated | 39 | 81 |
| Approval Rate (higher is better) | 84.8% ✓ | 75.0% |
| Denial Rate (lower is better) | 6.5% ✓ | 11.1% |
| Avg Loan Amount | $106,957 | $195,926 |
| Avg Interest Rate (lower is better) | N/A | N/A |
| Applications Denied | 3 | 12 |
| Applications Withdrawn | 4 | 15 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | The Hamilton Bank | Bank Northwest |
|---|---|---|
| Conventional | 46 (100.0%) | 108 (100.0%) |
| FHA | — | — |
| VA | — | — |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | The Hamilton Bank | Bank Northwest |
|---|---|---|
| Refinancing | 15 | 12 |
| Home Purchase | 13 | 49 |
| Cash-out Refinancing | 10 | 37 |
| Home Improvement | 7 | 1 |
| Other | 1 | 8 |
Summary
- 46 total applications · 39 originated
- Approval rate: 84.8%
- Denial rate: 6.5%
- Avg loan: $106,957
- HQ: Hamilton, MO
- 108 total applications · 81 originated
- Approval rate: 75.0%
- Denial rate: 11.1%
- Avg loan: $195,926
- HQ: Hamilton, MO
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.