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 | United Wholesale Mortgage |
|---|---|---|
| Total Applications | 8,064 | 493,978 ▲ |
| Loans Originated | 4,989 | 366,078 |
| Approval Rate (higher is better) | 61.9% | 74.1% ✓ |
| Denial Rate (lower is better) | 20.1% | 11.7% ✓ |
| Avg Loan Amount | $328,053 | $380,061 |
| Avg Interest Rate (lower is better) | 8.054% | 6.550% ✓ |
| Avg Applicant Income | $37,000 | $40,000 |
| Applications Denied | 1,617 | 57,760 |
| Applications Withdrawn | 690 | 46,939 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | UMPQUA BANK | United Wholesale Mortgage |
|---|---|---|
| Conventional | 7,699 (95.5%) | 311,346 (63.0%) |
| FHA | 225 (2.8%) | 110,164 (22.3%) |
| VA | 124 (1.5%) | 70,939 (14.4%) |
| USDA | 16 (0.2%) | 1,529 (0.3%) |
Loan Purpose Breakdown
| Purpose | UMPQUA BANK | United Wholesale Mortgage |
|---|---|---|
| Home Purchase | 2,443 | 311,743 |
| Home Improvement | 2,289 | — |
| Other | 1,628 | — |
| Refinancing | 1,312 | 86,267 |
| Cash-out Refinancing | 392 | 95,968 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| Oregon | 1,925 | #6 |
| Washington | 1,859 | #20 |
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
- 493,978 total applications · 366,078 originated
- Approval rate: 74.1%
- Denial rate: 11.7%
- Avg loan: $380,061
- Avg rate: 6.550%
- HQ: Pontiac, MI
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.