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 | Valley Financial Credit | Glacier Bank |
|---|---|---|
| Total Applications | 474 | 7,296 ▲ |
| Loans Originated | 363 | 4,434 |
| Approval Rate (higher is better) | 76.6% ✓ | 60.8% |
| Denial Rate (lower is better) | 17.1% | 16.5% ✓ |
| Avg Loan Amount | $163,692 | $357,711 |
| Avg Interest Rate (lower is better) | 7.463% | 7.373% ✓ |
| Avg Applicant Income | $33,000 | $36,000 |
| Applications Denied | 81 | 1,203 |
| Applications Withdrawn | 3 | 1,434 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Valley Financial Credit | Glacier Bank |
|---|---|---|
| Conventional | 472 (99.6%) | 6,476 (88.8%) |
| FHA | 1 (0.2%) | 578 (7.9%) |
| VA | 1 (0.2%) | 190 (2.6%) |
| USDA | — | 52 (0.7%) |
Loan Purpose Breakdown
| Purpose | Valley Financial Credit | Glacier Bank |
|---|---|---|
| Home Improvement | 152 | 1,138 |
| Cash-out Refinancing | 147 | 346 |
| Home Purchase | 144 | 4,423 |
| Refinancing | 16 | 680 |
| Other | 15 | 709 |
Top States by Loan Volume
Summary
- 474 total applications · 363 originated
- Approval rate: 76.6%
- Denial rate: 17.1%
- Avg loan: $163,692
- Avg rate: 7.463%
- HQ: Billings, MT
- 7,296 total applications · 4,434 originated
- Approval rate: 60.8%
- Denial rate: 16.5%
- Avg loan: $357,711
- Avg rate: 7.373%
- HQ: Kalispell, MT
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.