Purchase Originations
117
Median Total Costs
$3,075
−54.0% vs national ($6,680)
↑ $306 vs prior year
Median Rate
6.490%
+0.0% vs national (6.490%)
↓ 0.500% vs prior year
Median Origination
$465
Median Lender Credits
—
Denial Rate
9.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 117 | 6.490% | $3,075 | $465 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 112 | 6.490% | $3,018 | #151 |
| Maryland | 3 | 6.740% | $3,285 | — |
| Ohio | 1 | 6.740% | $3,190 | — |
| Rhode Island | 1 | 6.490% | $4,395 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,563 | 6.490% | — | 3 | −$512 | |
| 2 | $2,743 | 6.490% | — | 2 | −$332 | |
| 3 | $2,844 | 6.490% | — | 69 | −$231 | |
| 4 | $2,976 | 6.490% | — | 1 | −$99 | |
| 5 | $3,177 | 6.490% | — | 4 | +$102 | |
| 6 | $3,190 | 6.740% | — | 1 | +$115 | |
| 7 | $3,193 | 6.240% | — | 13 | +$118 | |
| 8 | $3,285 | 6.740% | — | 3 | +$210 | |
| 9 | $3,683 | 6.740% | — | 7 | +$608 | |
| 10 | $3,791 | 6.490% | — | 9 | +$716 | |
| 11 | $3,895 | 6.490% | — | 2 | +$820 | |
| 12 | $3,928 | 6.740% | — | 1 | +$853 | |
| 13 | $4,395 | 6.490% | — | 1 | +$1,320 | |
| 14 | $6,886 | 6.490% | — | 1 | +$3,811 |
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 Summit Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $185,000 | $335,000 | −$150,000 (−44.8%) |
| Median total closing costs | $3,075 | $7,127 | −$4,052 (−56.9%) |
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.