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 | Tompkins Community Bank | CFCU COMMUNITY CREDIT |
|---|---|---|
| Total Applications | 1,791 ▲ | 463 |
| Loans Originated | 1,357 | 380 |
| Approval Rate (higher is better) | 75.8% | 82.1% ✓ |
| Denial Rate (lower is better) | 18.3% | 10.6% ✓ |
| Avg Loan Amount | $311,884 | $200,205 |
| Avg Interest Rate (lower is better) | 5.131% ✓ | 6.314% |
| Avg Applicant Income | $34,000 | $33,000 |
| Applications Denied | 327 | 49 |
| Applications Withdrawn | 83 | 25 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Tompkins Community Bank | CFCU COMMUNITY CREDIT |
|---|---|---|
| Conventional | 1,791 (100.0%) | 458 (98.9%) |
| FHA | — | 4 (0.9%) |
| VA | — | 1 (0.2%) |
| USDA | — | — |
Loan Purpose Breakdown
| Purpose | Tompkins Community Bank | CFCU COMMUNITY CREDIT |
|---|---|---|
| Home Purchase | 784 | 248 |
| Home Improvement | 390 | 91 |
| Refinancing | 307 | 27 |
| Other | 272 | 71 |
| Cash-out Refinancing | 38 | 26 |
Summary
- 1,791 total applications · 1,357 originated
- Approval rate: 75.8%
- Denial rate: 18.3%
- Avg loan: $311,884
- Avg rate: 5.131%
- HQ: Ithaca, NY
- 463 total applications · 380 originated
- Approval rate: 82.1%
- Denial rate: 10.6%
- Avg loan: $200,205
- Avg rate: 6.314%
- HQ: ITHACA, NY
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.