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 | USAA BANK | EVERETT FINANCIAL, INC. |
|---|---|---|
| Total Applications | 28,020 | 20,853 ▲ |
| Loans Originated | 13,205 | 15,471 |
| Approval Rate (higher is better) | 47.1% | 74.2% ✓ |
| Denial Rate (lower is better) | 23.5% | 6.3% ✓ |
| Avg Loan Amount | $353,184 | $305,850 |
| Avg Interest Rate (lower is better) | 6.362% | 6.313% ✓ |
| Avg Applicant Income | $36,000 | $40,000 |
| Applications Denied | 6,580 | 1,308 |
| Applications Withdrawn | 8,064 | 3,870 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | USAA BANK | EVERETT FINANCIAL, INC. |
|---|---|---|
| Conventional | 11,147 (39.8%) | 13,474 (64.6%) |
| FHA | — | 6,121 (29.4%) |
| VA | 16,873 (60.2%) | 1,072 (5.1%) |
| USDA | — | 186 (0.9%) |
Loan Purpose Breakdown
| Purpose | USAA BANK | EVERETT FINANCIAL, INC. |
|---|---|---|
| Home Purchase | 23,347 | 18,443 |
| Cash-out Refinancing | 2,496 | 1,800 |
| Refinancing | 1,509 | 610 |
| Home Improvement | 396 | — |
| Other | 272 | — |
Summary
- 28,020 total applications · 13,205 originated
- Approval rate: 47.1%
- Denial rate: 23.5%
- Avg loan: $353,184
- Avg rate: 6.362%
- HQ: SAN ANTONIO, TX
- 20,853 total applications · 15,471 originated
- Approval rate: 74.2%
- Denial rate: 6.3%
- Avg loan: $305,850
- Avg rate: 6.313%
- HQ: DALLAS, TX
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.