Purchase Originations
451
Median Total Costs
$7,842
+17.4% vs national ($6,680)
↓ $1,619 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$3,128
Median Lender Credits
$127
Denial Rate
2.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 308 | 6.625% | $5,554 | $2,015 |
| fha | 113 | 6.250% | $14,356 | $4,942 |
| va | 30 | 5.990% | $9,802 | $5,302 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Utah | 201 | 6.624% | $4,928 | #35 |
| Idaho | 79 | 6.125% | $10,480 | #53 |
| Florida | 66 | 6.625% | $13,109 | #287 |
| Texas | 46 | 6.500% | $10,469 | — |
| Nevada | 29 | 6.250% | $9,302 | — |
| Nebraska | 8 | 7.058% | $3,994 | — |
| Arizona | 6 | 6.688% | $9,984 | — |
| Colorado | 3 | 6.625% | $4,069 | — |
| Iowa | 2 | 6.683% | $3,756 | — |
| North Carolina | 2 | 8.745% | $11,268 | — |
| New Mexico | 2 | 6.312% | $7,253 | — |
| Tennessee | 2 | 6.562% | $10,867 | — |
| California | 1 | 6.875% | $48,177 | — |
| Georgia | 1 | 6.500% | $5,522 | — |
| Oklahoma | 1 | 6.625% | $4,491 | — |
| Oregon | 1 | 6.875% | $5,899 | — |
| Washington | 1 | 7.125% | $15,050 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,575 | 7.125% | — | 5 | −$4,267 | |
| 2 | $4,888 | 6.624% | — | 178 | −$2,954 | |
| 3 | $5,510 | 6.625% | — | 5 | −$2,332 | |
| 4 | $5,618 | 6.500% | — | 3 | −$2,224 | |
| 5 | $7,636 | 6.562% | — | 4 | −$206 | |
| 6 | $7,855 | 6.125% | — | 9 | +$13 | |
| 7 | $7,990 | 6.625% | — | 4 | +$148 | |
| 8 | $8,135 | 6.375% | — | 8 | +$293 | |
| 9 | $8,750 | 6.875% | — | 3 | +$908 | |
| 10 | $9,302 | 5.990% | — | 25 | +$1,460 | |
| 11 | $9,984 | 6.688% | — | 6 | +$2,142 | |
| 12 | $10,052 | 6.562% | — | 10 | +$2,210 | |
| 13 | $10,480 | 5.990% | — | 13 | +$2,638 | |
| 14 | $10,584 | 6.490% | — | 7 | +$2,742 | |
| 15 | $12,099 | 6.500% | — | 9 | +$4,257 | |
| 16 | $12,628 | 6.500% | — | 5 | +$4,786 | |
| 17 | $13,133 | 6.750% | — | 34 | +$5,291 | |
| 18 | $13,188 | 6.125% | — | 47 | +$5,346 | |
| 19 | $13,735 | 6.500% | — | 12 | +$5,893 | |
| 20 | $14,137 | 6.375% | — | 5 | +$6,295 |
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 | Belem Servicing LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $385,000 | $335,000 | +$50,000 (+14.9%) |
| Median total closing costs | $7,842 | $7,127 | +$715 (+10.0%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.