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 | Utah Community Credit | United Wholesale Mortgage |
|---|---|---|
| Total Applications | 2,629 | 493,978 ▲ |
| Loans Originated | 1,535 | 366,078 |
| Approval Rate (higher is better) | 58.4% | 74.1% ✓ |
| Denial Rate (lower is better) | 9.3% ✓ | 11.7% |
| Avg Loan Amount | $262,181 | $380,061 |
| Avg Interest Rate (lower is better) | 6.921% | 6.550% ✓ |
| Avg Applicant Income | $35,000 | $40,000 |
| Applications Denied | 245 | 57,760 |
| Applications Withdrawn | 446 | 46,939 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Utah Community Credit | United Wholesale Mortgage |
|---|---|---|
| Conventional | 2,570 (97.8%) | 311,346 (63.0%) |
| FHA | 53 (2.0%) | 110,164 (22.3%) |
| VA | 5 (0.2%) | 70,939 (14.4%) |
| USDA | 1 (0.0%) | 1,529 (0.3%) |
Loan Purpose Breakdown
| Purpose | Utah Community Credit | United Wholesale Mortgage |
|---|---|---|
| Home Improvement | 1,089 | — |
| Refinancing | 755 | 86,267 |
| Home Purchase | 610 | 311,743 |
| Cash-out Refinancing | 148 | 95,968 |
| Other | 27 | — |
Top States by Loan Volume
Summary
- 2,629 total applications · 1,535 originated
- Approval rate: 58.4%
- Denial rate: 9.3%
- Avg loan: $262,181
- Avg rate: 6.921%
- HQ: Provo, UT
- 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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.