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 | Union Bank | EastRise Federal Credit |
|---|---|---|
| Total Applications | 843 | 3,172 ▲ |
| Loans Originated | 662 | 2,288 |
| Approval Rate (higher is better) | 78.5% ✓ | 72.1% |
| Denial Rate (lower is better) | 7.5% | 6.0% ✓ |
| Avg Loan Amount | $317,669 | $183,799 |
| Avg Interest Rate (lower is better) | 7.016% ✓ | 7.156% |
| Avg Applicant Income | $35,000 | $36,000 |
| Applications Denied | 63 | 191 |
| Applications Withdrawn | 113 | 453 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Union Bank | EastRise Federal Credit |
|---|---|---|
| Conventional | 800 (94.9%) | 3,156 (99.5%) |
| FHA | 28 (3.3%) | — |
| VA | 6 (0.7%) | 12 (0.4%) |
| USDA | 9 (1.1%) | 4 (0.1%) |
Loan Purpose Breakdown
| Purpose | Union Bank | EastRise Federal Credit |
|---|---|---|
| Home Purchase | 615 | 1,201 |
| Home Improvement | 77 | 989 |
| Other | 68 | 398 |
| Cash-out Refinancing | 59 | 130 |
| Refinancing | 24 | 454 |
Top States by Loan Volume
Summary
- 843 total applications · 662 originated
- Approval rate: 78.5%
- Denial rate: 7.5%
- Avg loan: $317,669
- Avg rate: 7.016%
- HQ: Morrisville, VT
- 3,172 total applications · 2,288 originated
- Approval rate: 72.1%
- Denial rate: 6.0%
- Avg loan: $183,799
- Avg rate: 7.156%
- HQ: WILLISTON, VT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.