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 | UMPQUA BANK | Banner Bank |
|---|---|---|
| Total Applications | 8,064 ▲ | 6,099 |
| Loans Originated | 4,989 | 3,140 |
| Approval Rate (higher is better) | 61.9% ✓ | 51.5% |
| Denial Rate (lower is better) | 20.1% ✓ | 33.5% |
| Avg Loan Amount | $328,053 | $318,540 |
| Avg Interest Rate (lower is better) | 8.054% ✓ | 8.107% |
| Avg Applicant Income | $37,000 | $36,000 |
| Applications Denied | 1,617 | 2,043 |
| Applications Withdrawn | 690 | 578 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | UMPQUA BANK | Banner Bank |
|---|---|---|
| Conventional | 7,699 (95.5%) | 5,793 (95.0%) |
| FHA | 225 (2.8%) | 229 (3.8%) |
| VA | 124 (1.5%) | 73 (1.2%) |
| USDA | 16 (0.2%) | 4 (0.1%) |
Loan Purpose Breakdown
| Purpose | UMPQUA BANK | Banner Bank |
|---|---|---|
| Home Purchase | 2,443 | 2,296 |
| Home Improvement | 2,289 | 2,303 |
| Other | 1,628 | 797 |
| Refinancing | 1,312 | 322 |
| Cash-out Refinancing | 392 | 381 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Oregon | 1,925 | #6 |
| Washington | 1,859 | #20 |
No state data available.
Summary
- 8,064 total applications · 4,989 originated
- Approval rate: 61.9%
- Denial rate: 20.1%
- Avg loan: $328,053
- Avg rate: 8.054%
- HQ: PORTLAND, OR
- 6,099 total applications · 3,140 originated
- Approval rate: 51.5%
- Denial rate: 33.5%
- Avg loan: $318,540
- Avg rate: 8.107%
- HQ: Walla Walla, WA
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.