Purchase Originations
969
Ranked #386 nationally
Median Total Costs
$6,926
+3.7% vs national ($6,680)
↑ $198 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$372
Median Lender Credits
$132
Cost Rank (500+ vol.)
#364
among lenders with 500+ originations
Denial Rate
6.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 691 | 6.125% | $8,308 | $0 |
| conventional | 223 | 6.625% | $4,399 | $995 |
| fha | 53 | 6.250% | $9,302 | $995 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 99 | 6.250% | $7,739 | #128 |
| Texas | 95 | 6.250% | $9,544 | #284 |
| Kansas | 76 | 6.375% | $3,631 | #80 |
| North Carolina | 54 | 6.188% | $8,686 | #197 |
| Missouri | 51 | 6.250% | $4,603 | #144 |
| Florida | 45 | 6.000% | $7,258 | — |
| Arizona | 44 | 6.250% | $6,297 | — |
| Georgia | 41 | 6.250% | $5,178 | — |
| Minnesota | 32 | 6.438% | $4,492 | — |
| Maryland | 30 | 6.000% | $6,496 | — |
| California | 28 | 6.125% | $6,043 | — |
| Alabama | 26 | 6.250% | $6,383 | — |
| Washington | 25 | 6.250% | $3,757 | — |
| Colorado | 24 | 6.125% | $6,401 | — |
| Ohio | 19 | 6.125% | $5,653 | — |
| Tennessee | 19 | 6.250% | $10,026 | — |
| Illinois | 17 | 6.125% | $6,434 | — |
| Nevada | 17 | 6.000% | $11,286 | — |
| Alaska | 16 | 6.125% | $11,269 | — |
| Arkansas | 16 | 6.250% | $8,459 | — |
| New Jersey | 16 | 6.000% | $7,084 | — |
| New York | 16 | 6.562% | $8,079 | — |
| Michigan | 14 | 6.000% | $4,908 | — |
| South Carolina | 14 | 5.875% | $5,248 | — |
| Oklahoma | 12 | 6.188% | $4,085 | — |
| Kentucky | 10 | 6.125% | $6,560 | — |
| New Mexico | 10 | 6.188% | $8,590 | — |
| Indiana | 9 | 6.125% | $4,632 | — |
| Mississippi | 9 | 6.250% | $7,798 | — |
| Pennsylvania | 9 | 6.125% | $6,595 | — |
| Massachusetts | 8 | 6.250% | $6,285 | — |
| New Hampshire | 7 | 6.125% | $3,576 | — |
| Utah | 7 | 6.000% | $9,051 | — |
| Wisconsin | 7 | 6.250% | $5,834 | — |
| Nebraska | 6 | 6.062% | $3,101 | — |
| Connecticut | 5 | 6.125% | $9,558 | — |
| Idaho | 5 | 6.250% | $5,562 | — |
| Rhode Island | 5 | 6.125% | $9,403 | — |
| Oregon | 4 | 5.938% | $8,330 | — |
| Wyoming | 4 | 5.375% | $9,956 | — |
| Hawaii | 3 | 5.750% | $27,117 | — |
| Iowa | 3 | 6.125% | $2,262 | — |
| Louisiana | 3 | 6.375% | $11,436 | — |
| Maine | 2 | 5.875% | $2,718 | — |
| Montana | 2 | 6.312% | $3,904 | — |
| Vermont | 2 | 6.125% | $33,510 | — |
| West Virginia | 2 | 6.250% | $6,777 | — |
| Delaware | 1 | 6.250% | $3,248 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,768 | 6.500% | — | 14 | −$4,158 | |
| 2 | $3,006 | 6.438% | — | 20 | −$3,920 | |
| 3 | $3,519 | 6.438% | — | 10 | −$3,407 | |
| 4 | $3,703 | 6.500% | — | 7 | −$3,223 | |
| 5 | $4,199 | 6.250% | — | 10 | −$2,727 | |
| 6 | $4,344 | 6.250% | — | 17 | −$2,582 | |
| 7 | $5,574 | 6.125% | — | 15 | −$1,352 | |
| 8 | $5,679 | 6.375% | — | 35 | −$1,247 | |
| 9 | $6,298 | 6.250% | — | 12 | −$628 | |
| 10 | $6,874 | 6.625% | — | 10 | −$52 | |
| 11 | $7,833 | 6.125% | — | 9 | +$907 | |
| 12 | $8,974 | 6.000% | — | 11 | +$2,048 | |
| 13 | $9,906 | 6.625% | — | 8 | +$2,980 | |
| 14 | $10,206 | 6.250% | — | 14 | +$3,280 | |
| 15 | $10,515 | 5.750% | — | 9 | +$3,589 | |
| 16 | $10,763 | 6.250% | — | 24 | +$3,837 | |
| 17 | $11,145 | 6.125% | — | 9 | +$4,219 | |
| 18 | $11,395 | 6.250% | — | 14 | +$4,469 | |
| 19 | $11,431 | 6.312% | — | 14 | +$4,505 | |
| 20 | $11,794 | 6.000% | — | 16 | +$4,868 |
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 | Armed Forces Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $395,000 | $335,000 | +$60,000 (+17.9%) |
| Median total closing costs | $6,926 | $7,127 | −$201 (−2.8%) |
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.