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 | Wolfe Financial Inc | The Fountain Trust |
|---|---|---|
| Total Applications | 1,768 ▲ | 292 |
| Loans Originated | 1,153 | 192 |
| Approval Rate (higher is better) | 65.2% | 65.8% ✓ |
| Denial Rate (lower is better) | 3.3% ✓ | 20.9% |
| Avg Loan Amount | $268,032 | $178,767 |
| Avg Interest Rate (lower is better) | 6.889% | N/A |
| Avg Applicant Income | $39,000 | N/A |
| Applications Denied | 59 | 61 |
| Applications Withdrawn | 550 | 2 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Wolfe Financial Inc | The Fountain Trust |
|---|---|---|
| Conventional | 987 (55.8%) | 292 (100.0%) |
| FHA | 539 (30.5%) | — |
| VA | 168 (9.5%) | — |
| USDA | 74 (4.2%) | — |
Loan Purpose Breakdown
| Purpose | Wolfe Financial Inc | The Fountain Trust |
|---|---|---|
| Home Purchase | 1,531 | 168 |
| Refinancing | 136 | 36 |
| Cash-out Refinancing | 100 | 39 |
| Home Improvement | 1 | 15 |
| Other | — | 34 |
Summary
- 1,768 total applications · 1,153 originated
- Approval rate: 65.2%
- Denial rate: 3.3%
- Avg loan: $268,032
- Avg rate: 6.889%
- HQ: Asheboro, NC
- 292 total applications · 192 originated
- Approval rate: 65.8%
- Denial rate: 20.9%
- Avg loan: $178,767
- HQ: Covington, IN
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 Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes.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.