Purchase Originations
793
Ranked #456 nationally
Median Total Costs
$3,946
−40.9% vs national ($6,680)
↓ $59 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$995
Median Lender Credits
$86
Cost Rank (500+ vol.)
#104
among lenders with 500+ originations
Denial Rate
9.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 620 | 6.500% | $3,657 | $1,229 |
| fha | 114 | 6.125% | $6,030 | $0 |
| va | 54 | 6.125% | $5,133 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Mississippi | 540 | 6.375% | $3,755 | #10 |
| Alabama | 139 | 6.500% | $3,862 | #70 |
| Florida | 60 | 6.250% | $6,846 | #296 |
| Louisiana | 32 | 6.500% | $3,898 | — |
| Tennessee | 8 | 6.375% | $3,817 | — |
| Georgia | 2 | 6.938% | $5,782 | — |
| Illinois | 2 | 6.375% | $3,671 | — |
| Texas | 2 | 6.125% | $6,184 | — |
| Colorado | 1 | 5.630% | $4,476 | — |
| Iowa | 1 | 6.500% | $1,999 | — |
| Kansas | 1 | 6.500% | $2,094 | — |
| Missouri | 1 | 6.000% | $4,366 | — |
| Oklahoma | 1 | 6.250% | $4,404 | — |
| Pennsylvania | 1 | 5.400% | $5,213 | — |
| South Carolina | 1 | 6.050% | $3,566 | — |
| Wyoming | 1 | 6.250% | $2,634 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,128 | 6.377% | — | 6 | −$1,818 | |
| 2 | $3,078 | 6.340% | — | 7 | −$868 | |
| 3 | $3,092 | 6.250% | — | 56 | −$854 | |
| 4 | $3,360 | 6.220% | — | 90 | −$586 | |
| 5 | $3,410 | 6.250% | — | 63 | −$536 | |
| 6 | $3,576 | 6.500% | — | 39 | −$370 | |
| 7 | $3,577 | 6.250% | — | 8 | −$369 | |
| 8 | $3,588 | 6.250% | — | 22 | −$358 | |
| 9 | $3,971 | 6.438% | — | 6 | +$25 | |
| 10 | $4,024 | 6.500% | — | 10 | +$78 | |
| 11 | $4,068 | 6.500% | — | 22 | +$122 | |
| 12 | $4,078 | 6.125% | — | 11 | +$132 | |
| 13 | $4,227 | 6.375% | — | 30 | +$281 | |
| 14 | $4,266 | 6.500% | — | 43 | +$320 | |
| 15 | $4,357 | 6.375% | — | 31 | +$411 | |
| 16 | $4,452 | 6.500% | — | 106 | +$506 | |
| 17 | $4,499 | 6.812% | — | 6 | +$553 | |
| 18 | $4,596 | 6.500% | — | 15 | +$650 | |
| 19 | $5,587 | 6.125% | — | 20 | +$1,641 | |
| 20 | $9,368 | 6.750% | — | 19 | +$5,422 |
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 | BankPlus | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $3,946 | $7,127 | −$3,181 (−44.6%) |
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.