Purchase Originations
206
Median Total Costs
$6,654
−0.4% vs national ($6,680)
↑ $962 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$3,278
Median Lender Credits
$150
Denial Rate
9.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 206 | 6.500% | $6,654 | $3,278 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 16 | 6.375% | $9,558 | — |
| Florida | 15 | 6.750% | $6,026 | — |
| Illinois | 14 | 6.562% | $6,177 | — |
| California | 13 | 6.500% | $9,293 | — |
| North Carolina | 13 | 6.125% | $4,558 | — |
| New York | 11 | 6.375% | $5,363 | — |
| New Jersey | 10 | 6.375% | $12,308 | — |
| Pennsylvania | 9 | 6.875% | $6,210 | — |
| Indiana | 7 | 6.875% | $6,406 | — |
| Colorado | 6 | 6.688% | $2,712 | — |
| Minnesota | 6 | 6.500% | $3,977 | — |
| Tennessee | 6 | 6.875% | $3,447 | — |
| Washington | 6 | 6.500% | $9,935 | — |
| Massachusetts | 5 | 6.375% | $15,785 | — |
| Michigan | 5 | 6.375% | $5,685 | — |
| Ohio | 5 | 6.375% | $13,683 | — |
| Oklahoma | 5 | 6.250% | $8,379 | — |
| Virginia | 5 | 6.500% | $9,490 | — |
| Wisconsin | 5 | 6.375% | $7,295 | — |
| Connecticut | 4 | 6.812% | $5,470 | — |
| South Carolina | 4 | 6.312% | $2,968 | — |
| Alabama | 3 | 6.625% | $7,816 | — |
| Arizona | 3 | 6.500% | $10,071 | — |
| Georgia | 3 | 6.875% | $5,222 | — |
| New Mexico | 3 | 6.875% | $6,756 | — |
| Nevada | 3 | 6.250% | $9,193 | — |
| Kansas | 2 | 6.562% | $6,589 | — |
| Kentucky | 2 | 7.188% | $7,841 | — |
| Maryland | 2 | 6.312% | $8,774 | — |
| Maine | 2 | 7.000% | $2,994 | — |
| Montana | 2 | 7.188% | $3,562 | — |
| Vermont | 2 | 6.062% | $23,287 | — |
| West Virginia | 2 | 6.375% | $8,177 | — |
| Arkansas | 1 | 6.625% | $4,178 | — |
| Delaware | 1 | 5.000% | $17,612 | — |
| Missouri | 1 | 6.500% | $10,209 | — |
| Mississippi | 1 | 5.500% | $8,550 | — |
| Nebraska | 1 | 6.500% | $4,388 | — |
| South Dakota | 1 | 7.000% | $4,989 | — |
| Utah | 1 | 6.625% | $4,352 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,884 | 7.125% | — | 3 | −$3,770 | |
| 2 | $4,364 | 6.812% | — | 2 | −$2,290 | |
| 3 | $4,626 | 6.625% | — | 3 | −$2,028 | |
| 4 | $5,367 | 6.562% | — | 2 | −$1,287 | |
| 5 | $6,507 | 6.812% | — | 2 | −$147 | |
| 6 | $7,228 | 6.625% | — | 5 | +$574 | |
| 7 | $7,243 | 6.562% | — | 2 | +$589 | |
| 8 | $7,249 | 6.875% | — | 2 | +$595 | |
| 9 | $7,759 | 6.125% | — | 3 | +$1,105 | |
| 10 | $8,393 | 6.062% | — | 2 | +$1,739 | |
| 11 | $8,476 | 6.375% | — | 4 | +$1,822 | |
| 12 | $10,033 | 6.250% | — | 3 | +$3,379 | |
| 13 | $12,623 | 6.500% | — | 3 | +$5,969 | |
| 14 | $13,683 | 6.375% | — | 3 | +$7,029 | |
| 15 | $15,636 | 6.375% | — | 3 | +$8,982 | |
| 16 | $16,236 | 6.500% | — | 2 | +$9,582 | |
| 17 | $16,773 | 6.438% | — | 2 | +$10,119 | |
| 18 | $17,567 | 6.188% | — | 2 | +$10,913 | |
| 19 | $18,145 | 5.875% | — | 3 | +$11,491 | |
| 20 | $18,388 | 6.250% | — | 2 | +$11,734 |
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 | Ally Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $345,000 | $335,000 | +$10,000 (+3.0%) |
| Median total closing costs | $6,654 | $7,127 | −$473 (−6.6%) |
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.