Purchase Originations
442
Median Total Costs
$9,959
+49.1% vs national ($6,680)
↓ $345 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$3,506
Median Lender Credits
$773
Denial Rate
3.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 240 | 6.875% | $7,627 | $3,728 |
| fha | 156 | 6.500% | $12,456 | $3,073 |
| va | 46 | 6.562% | $9,656 | $3,094 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,946 | 6.625% | — | 3 | −$4,013 | |
| 2 | $6,650 | 6.750% | — | 7 | −$3,309 | |
| 3 | $7,187 | 6.500% | — | 4 | −$2,772 | |
| 4 | $7,775 | 6.875% | — | 19 | −$2,184 | |
| 5 | $8,457 | 6.937% | — | 6 | −$1,502 | |
| 6 | $8,713 | 6.750% | — | 45 | −$1,246 | |
| 7 | $8,716 | 6.750% | — | 11 | −$1,243 | |
| 8 | $9,386 | 6.875% | — | 5 | −$573 | |
| 9 | $9,449 | 6.438% | — | 4 | −$510 | |
| 10 | $9,524 | 6.750% | — | 57 | −$435 | |
| 11 | $10,585 | 6.750% | — | 83 | +$626 | |
| 12 | $10,704 | 6.750% | — | 62 | +$745 | |
| 13 | $11,026 | 6.750% | — | 39 | +$1,067 | |
| 14 | $11,301 | 6.500% | — | 45 | +$1,342 | |
| 15 | $11,882 | 6.625% | — | 23 | +$1,923 | |
| 16 | $12,385 | 6.438% | — | 2 | +$2,426 | |
| 17 | $12,642 | 6.750% | — | 3 | +$2,683 | |
| 18 | $13,871 | 6.370% | — | 2 | +$3,912 | |
| 19 | $15,453 | 7.437% | — | 2 | +$5,494 | |
| 20 | $17,716 | 6.620% | — | 2 | +$7,757 |
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 | Alkan Mortgage Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $305,000 | $335,000 | −$30,000 (−9.0%) |
| Median total closing costs | $9,959 | $7,127 | +$2,832 (+39.7%) |
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.