Purchase Originations
416
Median Total Costs
$8,472
+26.8% vs national ($6,680)
↑ $609 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.750% vs prior year
Median Origination
$1,495
Median Lender Credits
$625
Denial Rate
5.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 416 | 6.125% | $8,472 | $1,495 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 289 | 6.125% | $8,683 | #71 |
| California | 29 | 6.125% | $8,085 | — |
| Hawaii | 25 | 6.375% | $11,420 | — |
| New Jersey | 20 | 6.125% | $6,609 | — |
| Ohio | 9 | 6.125% | $4,690 | — |
| Washington | 9 | 6.375% | $5,187 | — |
| Connecticut | 8 | 6.125% | $5,096 | — |
| Georgia | 7 | 6.250% | $7,114 | — |
| Florida | 3 | 6.250% | $9,327 | — |
| Illinois | 3 | 6.125% | $6,392 | — |
| Virginia | 3 | 6.125% | $6,123 | — |
| Maryland | 2 | 6.125% | $5,247 | — |
| Texas | 2 | 6.500% | $6,757 | — |
| Alabama | 1 | 6.500% | $4,049 | — |
| Arizona | 1 | 6.375% | $4,006 | — |
| Colorado | 1 | 6.875% | $5,535 | — |
| Massachusetts | 1 | 6.125% | $4,401 | — |
| North Carolina | 1 | 6.125% | $3,909 | — |
| Nevada | 1 | 6.000% | $6,140 | — |
| Pennsylvania | 1 | 6.000% | $8,789 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,860 | 6.125% | — | 2 | −$3,612 | |
| 2 | $5,119 | 6.250% | — | 4 | −$3,353 | |
| 3 | $5,450 | 6.000% | — | 4 | −$3,022 | |
| 4 | $5,713 | 6.500% | — | 3 | −$2,759 | |
| 5 | $6,054 | 6.562% | — | 2 | −$2,418 | |
| 6 | $6,061 | 6.125% | — | 3 | −$2,411 | |
| 7 | $7,268 | 6.125% | — | 3 | −$1,204 | |
| 8 | $7,277 | 6.125% | — | 10 | −$1,195 | |
| 9 | $7,282 | 6.125% | — | 2 | −$1,190 | |
| 10 | $7,444 | 6.125% | — | 4 | −$1,028 | |
| 11 | $7,737 | 6.062% | — | 2 | −$735 | |
| 12 | $8,142 | 6.188% | — | 14 | −$330 | |
| 13 | $8,474 | 6.125% | — | 59 | +$2 | |
| 14 | $8,567 | 6.250% | — | 95 | +$95 | |
| 15 | $8,673 | 5.875% | — | 3 | +$201 | |
| 16 | $8,769 | 6.250% | — | 42 | +$297 | |
| 17 | $9,140 | 6.125% | — | 67 | +$668 | |
| 18 | $9,191 | 6.125% | — | 12 | +$719 | |
| 19 | $10,054 | 6.125% | — | 10 | +$1,582 | |
| 20 | $11,420 | 6.500% | — | 23 | +$2,948 |
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 of Hope | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $555,000 | $335,000 | +$220,000 (+65.7%) |
| Median total closing costs | $8,472 | $7,127 | +$1,345 (+18.9%) |
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.