Purchase Originations
4,924
Ranked #101 nationally
Median Total Costs
$7,021
+5.1% vs national ($6,680)
↑ $1,890 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.010% vs prior year
Median Origination
$2,981
Median Lender Credits
$579
Cost Rank (500+ vol.)
#370
among lenders with 500+ originations
Denial Rate
15.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,764 | 6.500% | $6,089 | $2,800 |
| fha | 910 | 6.250% | $11,349 | $3,264 |
| va | 250 | 6.375% | $9,099 | $3,633 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 619 | 6.490% | $7,941 | #99 |
| California | 541 | 6.625% | $8,920 | #72 |
| Florida | 330 | 6.375% | $7,709 | #117 |
| Oklahoma | 324 | 6.625% | $7,322 | #23 |
| Colorado | 226 | 6.125% | $9,037 | #73 |
| North Carolina | 198 | 6.375% | $5,343 | #106 |
| Oregon | 188 | 6.625% | $7,401 | #44 |
| Arkansas | 164 | 6.625% | $6,386 | #46 |
| New Jersey | 154 | 6.500% | $7,127 | #77 |
| Pennsylvania | 145 | 6.375% | $6,185 | #129 |
| Washington | 143 | 6.500% | $7,506 | #82 |
| Georgia | 140 | 6.250% | $7,081 | #120 |
| Illinois | 137 | 6.625% | $6,713 | #123 |
| Ohio | 122 | 6.500% | $6,656 | #118 |
| Utah | 116 | 6.625% | $6,730 | #52 |
| New York | 94 | 6.375% | $6,223 | #125 |
| Nevada | 89 | 6.500% | $7,686 | #66 |
| Michigan | 82 | 6.750% | $4,335 | #121 |
| Virginia | 76 | 6.375% | $6,124 | #146 |
| Vermont | 76 | 6.625% | $5,630 | #16 |
| Maryland | 73 | 6.490% | $6,459 | #115 |
| Tennessee | 71 | 6.500% | $5,580 | #155 |
| Arizona | 68 | 6.375% | $8,546 | #126 |
| Indiana | 58 | 6.375% | $5,215 | #165 |
| Iowa | 55 | 6.875% | $4,238 | #78 |
| Missouri | 55 | 6.375% | $4,742 | #139 |
| Wisconsin | 54 | 6.312% | $5,838 | #132 |
| Kansas | 49 | 6.625% | $4,864 | — |
| Alabama | 47 | 6.500% | $4,644 | — |
| New Mexico | 47 | 6.500% | $5,316 | — |
| Connecticut | 46 | 6.500% | $5,526 | — |
| South Carolina | 46 | 6.500% | $5,627 | — |
| Minnesota | 42 | 6.250% | $5,607 | — |
| Nebraska | 41 | 6.625% | $3,774 | — |
| Kentucky | 40 | 6.433% | $4,889 | — |
| Massachusetts | 36 | 6.500% | $5,966 | — |
| Idaho | 19 | 6.375% | $7,285 | — |
| Mississippi | 16 | 6.125% | $5,906 | — |
| New Hampshire | 15 | 6.375% | $5,156 | — |
| Louisiana | 14 | 6.438% | $8,060 | — |
| Maine | 10 | 6.375% | $5,842 | — |
| West Virginia | 10 | 6.500% | $7,000 | — |
| Montana | 9 | 6.875% | $11,088 | — |
| Delaware | 7 | 6.375% | $5,241 | — |
| Alaska | 6 | 6.625% | $4,781 | — |
| District of Columbia | 6 | 6.500% | $8,175 | — |
| Wyoming | 6 | 6.183% | $10,594 | — |
| Hawaii | 4 | 6.562% | $15,859 | — |
| South Dakota | 4 | 6.938% | $8,581 | — |
| North Dakota | 3 | 6.750% | $5,555 | — |
| Rhode Island | 3 | 5.625% | $4,278 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,688 | 6.375% | — | 46 | −$1,333 | |
| 2 | $5,820 | 6.625% | — | 61 | −$1,201 | |
| 3 | $6,302 | 6.812% | — | 58 | −$719 | |
| 4 | $6,777 | 6.625% | — | 108 | −$244 | |
| 5 | $6,857 | 6.500% | — | 52 | −$164 | |
| 6 | $6,878 | 6.625% | — | 62 | −$143 | |
| 7 | $7,142 | 6.125% | — | 60 | +$121 | |
| 8 | $7,650 | 6.500% | — | 61 | +$629 | |
| 9 | $7,882 | 6.625% | — | 60 | +$861 | |
| 10 | $8,103 | 6.500% | — | 57 | +$1,082 | |
| 11 | $8,435 | 6.750% | — | 69 | +$1,414 | |
| 12 | $8,606 | 6.375% | — | 47 | +$1,585 | |
| 13 | $8,736 | 6.562% | — | 42 | +$1,715 | |
| 14 | $8,934 | 6.625% | — | 94 | +$1,913 | |
| 15 | $8,981 | 6.000% | — | 57 | +$1,960 | |
| 16 | $9,154 | 6.625% | — | 73 | +$2,133 | |
| 17 | $9,416 | 6.625% | — | 53 | +$2,395 | |
| 18 | $9,650 | 5.375% | — | 74 | +$2,629 | |
| 19 | $10,733 | 6.625% | — | 70 | +$3,712 | |
| 20 | $11,445 | 6.500% | — | 65 | +$4,424 |
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 | Better Mortgage Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $375,000 | $335,000 | +$40,000 (+11.9%) |
| Median total closing costs | $7,021 | $7,127 | −$106 (−1.5%) |
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.