Purchase Originations
883
Ranked #415 nationally
Median Total Costs
$3,690
−44.8% vs national ($6,680)
↑ $93 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,075
Median Lender Credits
$500
Cost Rank (500+ vol.)
#82
among lenders with 500+ originations
Denial Rate
2.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 771 | 6.625% | $3,605 | $1,075 |
| fha | 71 | 6.250% | $8,157 | $1,075 |
| va | 41 | 6.125% | $4,443 | $1,537 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Wisconsin | 846 | 6.500% | $3,681 | #13 |
| Illinois | 10 | 6.438% | $5,630 | — |
| Florida | 6 | 6.500% | $6,260 | — |
| Minnesota | 4 | 6.562% | $3,944 | — |
| Tennessee | 4 | 6.250% | $3,776 | — |
| Colorado | 2 | 6.062% | $6,265 | — |
| Michigan | 2 | 6.500% | $3,687 | — |
| Ohio | 2 | 6.125% | $3,614 | — |
| Texas | 2 | 5.750% | $9,041 | — |
| Arizona | 1 | 6.990% | $6,302 | — |
| Georgia | 1 | 6.250% | $8,097 | — |
| Iowa | 1 | 6.000% | $3,233 | — |
| Missouri | 1 | 6.500% | $2,645 | — |
| Mississippi | 1 | 7.125% | $3,135 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,060 | 6.250% | — | 5 | −$630 | |
| 2 | $3,414 | 6.812% | — | 18 | −$276 | |
| 3 | $3,438 | 6.250% | — | 9 | −$252 | |
| 4 | $3,486 | 6.938% | — | 14 | −$204 | |
| 5 | $3,511 | 6.500% | — | 68 | −$179 | |
| 6 | $3,512 | 6.625% | — | 22 | −$178 | |
| 7 | $3,602 | 6.500% | — | 10 | −$88 | |
| 8 | $3,630 | 6.625% | — | 226 | −$60 | |
| 9 | $3,663 | 6.625% | — | 13 | −$27 | |
| 10 | $3,673 | 6.375% | — | 71 | −$17 | |
| 11 | $3,726 | 6.625% | — | 61 | +$36 | |
| 12 | $3,775 | 6.875% | — | 34 | +$85 | |
| 13 | $3,793 | 6.625% | — | 159 | +$103 | |
| 14 | $3,874 | 6.875% | — | 12 | +$184 | |
| 15 | $3,910 | 6.490% | — | 39 | +$220 | |
| 16 | $3,941 | 6.125% | — | 6 | +$251 | |
| 17 | $4,004 | 6.375% | — | 17 | +$314 | |
| 18 | $4,138 | 6.562% | — | 8 | +$448 | |
| 19 | $4,225 | 6.375% | — | 18 | +$535 | |
| 20 | $6,707 | 6.125% | — | 4 | +$3,017 |
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 | Bank Five Nine | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $3,690 | $7,127 | −$3,437 (−48.2%) |
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.