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 LINCOLN NATIONAL | ABOUND FEDERAL CREDIT |
|---|---|---|
| Total Applications | 249 | 1,680 ▲ |
| Loans Originated | 207 | 1,134 |
| Approval Rate (higher is better) | 83.1% ✓ | 67.5% |
| Denial Rate (lower is better) | 5.2% ✓ | 14.3% |
| Avg Loan Amount | $177,932 | $166,923 |
| Avg Interest Rate (lower is better) | N/A | 7.693% |
| Avg Applicant Income | N/A | $34,000 |
| Applications Denied | 13 | 240 |
| Applications Withdrawn | 11 | 283 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | THE LINCOLN NATIONAL | ABOUND FEDERAL CREDIT |
|---|---|---|
| Conventional | 249 (100.0%) | 1,670 (99.4%) |
| FHA | — | — |
| VA | — | 10 (0.6%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | THE LINCOLN NATIONAL | ABOUND FEDERAL CREDIT |
|---|---|---|
| Home Purchase | 115 | 456 |
| Refinancing | 64 | 177 |
| Home Improvement | 39 | 414 |
| Other | 30 | 214 |
| Cash-out Refinancing | 1 | 419 |
Top States by Loan Volume
No state data available.
| State | Originated | Rank |
|---|---|---|
| Kentucky | 1,115 | #17 |
Summary
- 249 total applications · 207 originated
- Approval rate: 83.1%
- Denial rate: 5.2%
- Avg loan: $177,932
- HQ: Hodgenville, KY
- 1,680 total applications · 1,134 originated
- Approval rate: 67.5%
- Denial rate: 14.3%
- Avg loan: $166,923
- Avg rate: 7.693%
- HQ: RADCLIFF, KY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.