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 Home Mortgage | First Security Bank |
|---|---|---|
| Total Applications | 36,843 ▲ | 180 |
| Loans Originated | 27,440 | 162 |
| Approval Rate (higher is better) | 74.5% | 90.0% ✓ |
| Denial Rate (lower is better) | 5.3% | 3.9% ✓ |
| Avg Loan Amount | $278,227 | $197,278 |
| Avg Interest Rate (lower is better) | 6.909% | N/A |
| Avg Applicant Income | $38,000 | N/A |
| Applications Denied | 1,963 | 7 |
| Applications Withdrawn | 3,704 | 11 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Union Home Mortgage | First Security Bank |
|---|---|---|
| Conventional | 25,551 (69.4%) | 180 (100.0%) |
| FHA | 7,312 (19.8%) | — |
| VA | 2,967 (8.1%) | — |
| USDA | 1,013 (2.7%) | — |
Loan Purpose Breakdown
| Purpose | Union Home Mortgage | First Security Bank |
|---|---|---|
| Home Purchase | 29,892 | 107 |
| Refinancing | 3,085 | 27 |
| Cash-out Refinancing | 2,035 | — |
| Other | 1,065 | 18 |
| Home Improvement | 766 | 28 |
Top States by Loan Volume
Summary
- 36,843 total applications · 27,440 originated
- Approval rate: 74.5%
- Denial rate: 5.3%
- Avg loan: $278,227
- Avg rate: 6.909%
- HQ: Strongsville, OH
- 180 total applications · 162 originated
- Approval rate: 90.0%
- Denial rate: 3.9%
- Avg loan: $197,278
- HQ: Batesville, MS
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.