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 | United Wholesale Mortgage | FIRST HAWAIIAN BANK |
|---|---|---|
| Total Applications | 493,978 ▲ | 2,271 |
| Loans Originated | 366,078 | 1,256 |
| Approval Rate (higher is better) | 74.1% ✓ | 55.3% |
| Denial Rate (lower is better) | 11.7% ✓ | 23.6% |
| Avg Loan Amount | $380,061 | $1,081,191 |
| Avg Interest Rate (lower is better) | 6.550% ✓ | 6.923% |
| Avg Applicant Income | $40,000 | $41,000 |
| Applications Denied | 57,760 | 537 |
| Applications Withdrawn | 46,939 | 282 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | United Wholesale Mortgage | FIRST HAWAIIAN BANK |
|---|---|---|
| Conventional | 311,346 (63.0%) | 2,264 (99.7%) |
| FHA | 110,164 (22.3%) | — |
| VA | 70,939 (14.4%) | 7 (0.3%) |
| USDA | 1,529 (0.3%) | — |
Loan Purpose Breakdown
| Purpose | United Wholesale Mortgage | FIRST HAWAIIAN BANK |
|---|---|---|
| Home Purchase | 311,743 | 541 |
| Cash-out Refinancing | 95,968 | 54 |
| Refinancing | 86,267 | 655 |
| Other | — | 602 |
| Home Improvement | — | 419 |
Top States by Loan Volume
Summary
- 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
- 2,271 total applications · 1,256 originated
- Approval rate: 55.3%
- Denial rate: 23.6%
- Avg loan: $1,081,191
- Avg rate: 6.923%
- HQ: HONOLULU, HI
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.