Purchase Originations
177
Median Total Costs
$13,245
+98.3% vs national ($6,680)
↓ $2,758 vs prior year
Median Rate
6.875%
+5.9% vs national (6.490%)
↓ 0.115% vs prior year
Median Origination
$5,995
Median Lender Credits
$27
Denial Rate
6.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 108 | 6.990% | $11,364 | $6,125 |
| fha | 65 | 6.750% | $17,413 | $6,256 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 141 | 6.875% | $14,642 | #194 |
| Maryland | 27 | 6.750% | $9,653 | — |
| Texas | 5 | 6.990% | $13,082 | — |
| Virginia | 3 | 6.625% | $12,171 | — |
| District of Columbia | 1 | 7.125% | $13,860 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,492 | 6.990% | — | 3 | −$6,753 | |
| 2 | $6,949 | 6.875% | — | 1 | −$6,296 | |
| 3 | $7,707 | 6.990% | — | 3 | −$5,538 | |
| 4 | $10,263 | 6.688% | — | 2 | −$2,982 | |
| 5 | $10,271 | 6.625% | — | 2 | −$2,974 | |
| 6 | $10,275 | 6.625% | — | 4 | −$2,970 | |
| 7 | $10,630 | 6.562% | — | 2 | −$2,615 | |
| 8 | $10,942 | 6.750% | — | 1 | −$2,303 | |
| 9 | $11,046 | 6.625% | — | 4 | −$2,199 | |
| 10 | $11,711 | 6.625% | — | 9 | −$1,534 | |
| 11 | $11,897 | 6.875% | — | 2 | −$1,348 | |
| 12 | $12,976 | 7.125% | — | 14 | −$269 | |
| 13 | $13,082 | 6.990% | — | 3 | −$163 | |
| 14 | $13,635 | 6.500% | — | 1 | +$390 | |
| 15 | $13,802 | 6.990% | — | 42 | +$557 | |
| 16 | $13,860 | 7.125% | — | 1 | +$615 | |
| 17 | $15,033 | 6.990% | — | 63 | +$1,788 | |
| 18 | $15,583 | 6.250% | — | 1 | +$2,338 | |
| 19 | $18,299 | 7.000% | — | 1 | +$5,054 | |
| 20 | $26,094 | 7.375% | — | 1 | +$12,849 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | 1st Financial, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $405,000 | $335,000 | +$70,000 (+20.9%) |
| Median total closing costs | $13,245 | $7,127 | +$6,118 (+85.8%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.