Purchase Originations
278
Median Total Costs
$3,430
−48.6% vs national ($6,680)
↓ $39 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$995
Median Lender Credits
$250
Denial Rate
5.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 209 | 6.750% | $3,240 | $995 |
| va | 35 | 6.125% | $5,268 | $0 |
| fha | 34 | 6.500% | $8,839 | $995 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Kansas | 99 | 6.750% | $2,984 | #64 |
| Missouri | 64 | 6.625% | $3,174 | #128 |
| Colorado | 25 | 6.750% | $3,516 | — |
| Arizona | 19 | 6.875% | $6,401 | — |
| Georgia | 17 | 6.250% | $7,783 | — |
| Tennessee | 5 | 6.750% | $3,775 | — |
| Florida | 4 | 6.500% | $6,392 | — |
| Minnesota | 4 | 6.750% | $4,613 | — |
| New Mexico | 4 | 6.688% | $5,121 | — |
| Texas | 4 | 6.812% | $7,844 | — |
| Virginia | 4 | 6.375% | $5,802 | — |
| Pennsylvania | 3 | 6.875% | $4,219 | — |
| Washington | 3 | 6.125% | $10,510 | — |
| Wisconsin | 3 | 6.500% | $3,226 | — |
| Illinois | 2 | 6.625% | $5,788 | — |
| Michigan | 2 | 7.188% | $3,412 | — |
| Nebraska | 2 | 6.625% | $3,294 | — |
| Utah | 2 | 6.750% | $8,654 | — |
| Alabama | 1 | 5.875% | $22,323 | — |
| Arkansas | 1 | 7.000% | $2,439 | — |
| California | 1 | 5.625% | $3,287 | — |
| Connecticut | 1 | 6.125% | $4,541 | — |
| District of Columbia | 1 | 6.625% | $3,424 | — |
| Indiana | 1 | 6.000% | $3,449 | — |
| Massachusetts | 1 | 6.500% | $2,726 | — |
| North Carolina | 1 | 6.125% | $3,773 | — |
| New Hampshire | 1 | 6.250% | $13,960 | — |
| Nevada | 1 | 6.250% | $4,827 | — |
| Oregon | 1 | 6.125% | $5,268 | — |
| South Carolina | 1 | 6.375% | $3,307 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,390 | 6.750% | — | 2 | −$1,040 | |
| 2 | $2,699 | 6.250% | — | 3 | −$731 | |
| 3 | $2,953 | 6.750% | — | 5 | −$477 | |
| 4 | $2,967 | 6.750% | — | 88 | −$463 | |
| 5 | $3,117 | 6.875% | — | 7 | −$313 | |
| 6 | $3,142 | 6.562% | — | 10 | −$288 | |
| 7 | $3,173 | 6.625% | — | 33 | −$257 | |
| 8 | $3,294 | 6.625% | — | 2 | −$136 | |
| 9 | $3,348 | 6.750% | — | 3 | −$82 | |
| 10 | $3,612 | 7.000% | — | 7 | +$182 | |
| 11 | $3,688 | 6.625% | — | 4 | +$258 | |
| 12 | $3,705 | 6.562% | — | 2 | +$275 | |
| 13 | $3,781 | 6.750% | — | 3 | +$351 | |
| 14 | $4,982 | 6.750% | — | 15 | +$1,552 | |
| 15 | $5,608 | 6.875% | — | 3 | +$2,178 | |
| 16 | $6,669 | 6.500% | — | 3 | +$3,239 | |
| 17 | $7,333 | 6.500% | — | 4 | +$3,903 | |
| 18 | $7,456 | 5.938% | — | 2 | +$4,026 | |
| 19 | $7,941 | 6.625% | — | 2 | +$4,511 | |
| 20 | $7,979 | 6.188% | — | 14 | +$4,549 |
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 | Academy Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $405,000 | $335,000 | +$70,000 (+20.9%) |
| Median total closing costs | $3,430 | $7,127 | −$3,697 (−51.9%) |
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.