Purchase Originations
7,662
Ranked #57 nationally
Median Total Costs
$9,777
+46.4% vs national ($6,680)
↓ $438 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$4,067
Median Lender Credits
$175
Cost Rank (500+ vol.)
#532
among lenders with 500+ originations
Denial Rate
7.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 3,725 | 6.500% | $12,579 | $4,640 |
| conventional | 3,229 | 6.625% | $6,767 | $3,616 |
| va | 638 | 6.250% | $9,965 | $3,563 |
| usda | 70 | 6.625% | $6,692 | $2,296 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 1,423 | 6.500% | $10,808 | #44 |
| Florida | 872 | 6.125% | $12,534 | #55 |
| Indiana | 572 | 6.990% | $5,531 | #29 |
| Tennessee | 441 | 6.750% | $9,458 | #37 |
| Minnesota | 294 | 6.750% | $8,989 | #46 |
| Wisconsin | 294 | 6.750% | $7,363 | #43 |
| Pennsylvania | 289 | 6.625% | $9,306 | #77 |
| New York | 268 | 6.625% | $9,811 | #72 |
| Georgia | 235 | 6.250% | $11,059 | #88 |
| Nevada | 230 | 6.625% | $10,253 | #34 |
| Mississippi | 216 | 6.000% | $12,859 | #26 |
| North Carolina | 209 | 6.500% | $8,757 | #105 |
| Virginia | 202 | 6.750% | $9,975 | #82 |
| Iowa | 192 | 6.750% | $9,098 | #37 |
| Louisiana | 180 | 6.500% | $8,292 | #39 |
| South Carolina | 177 | 6.500% | $9,308 | #83 |
| Missouri | 150 | 6.375% | $7,551 | #69 |
| Arizona | 145 | 6.500% | $11,471 | #86 |
| New Jersey | 139 | 6.750% | $11,446 | #82 |
| Alabama | 134 | 6.250% | $10,346 | #76 |
| California | 117 | 6.500% | $12,493 | #185 |
| Illinois | 116 | 6.750% | $9,096 | #139 |
| Michigan | 116 | 6.875% | $6,987 | #102 |
| Maryland | 83 | 6.500% | $10,896 | #106 |
| Washington | 70 | 6.562% | $9,042 | #131 |
| Ohio | 68 | 6.562% | $10,306 | #165 |
| Massachusetts | 60 | 6.625% | $6,689 | #120 |
| Colorado | 49 | 6.125% | $9,555 | — |
| Oklahoma | 47 | 6.250% | $14,226 | — |
| Kentucky | 31 | 6.250% | $9,920 | — |
| Oregon | 31 | 6.000% | $6,008 | — |
| Nebraska | 29 | 6.750% | $11,369 | — |
| Arkansas | 28 | 6.438% | $8,602 | — |
| New Mexico | 19 | 6.500% | $8,760 | — |
| Idaho | 16 | 6.312% | $8,446 | — |
| South Dakota | 15 | 6.625% | $9,794 | — |
| Utah | 15 | 5.990% | $11,325 | — |
| Hawaii | 14 | 6.375% | $14,222 | — |
| Delaware | 12 | 6.250% | $8,439 | — |
| Connecticut | 11 | 6.750% | $9,813 | — |
| Kansas | 10 | 6.870% | $6,147 | — |
| North Dakota | 10 | 6.870% | $9,349 | — |
| New Hampshire | 7 | 6.125% | $6,009 | — |
| District of Columbia | 6 | 6.625% | $14,357 | — |
| Maine | 5 | 6.000% | $11,685 | — |
| Alaska | 4 | 6.750% | $9,718 | — |
| Montana | 4 | 6.438% | $5,761 | — |
| West Virginia | 4 | 6.745% | $10,789 | — |
| Rhode Island | 2 | 6.062% | $11,808 | — |
| Wyoming | 1 | 6.500% | $6,716 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,238 | 6.990% | — | 283 | −$4,539 | |
| 2 | $5,537 | 6.990% | — | 132 | −$4,240 | |
| 3 | $8,652 | 6.750% | — | 69 | −$1,125 | |
| 4 | $9,206 | 6.375% | — | 117 | −$571 | |
| 5 | $9,251 | 6.750% | — | 62 | −$526 | |
| 6 | $9,280 | 6.688% | — | 126 | −$497 | |
| 7 | $9,481 | 6.750% | — | 64 | −$296 | |
| 8 | $9,687 | 6.625% | — | 131 | −$90 | |
| 9 | $9,690 | 6.250% | — | 77 | −$87 | |
| 10 | $9,846 | 6.625% | — | 210 | +$69 | |
| 11 | $10,513 | 6.500% | — | 61 | +$736 | |
| 12 | $10,702 | 6.500% | — | 83 | +$925 | |
| 13 | $10,928 | 6.250% | — | 137 | +$1,151 | |
| 14 | $12,702 | 6.625% | — | 94 | +$2,925 | |
| 15 | $12,877 | 6.750% | — | 110 | +$3,100 | |
| 16 | $13,568 | 4.990% | — | 126 | +$3,791 | |
| 17 | $13,594 | 6.750% | — | 64 | +$3,817 | |
| 18 | $15,626 | 6.000% | — | 109 | +$5,849 | |
| 19 | $16,871 | 5.990% | — | 107 | +$7,094 | |
| 20 | $16,881 | 5.990% | — | 61 | +$7,104 |
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 | Cardinal Financial Company, Limited Partnership | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $275,000 | $335,000 | −$60,000 (−17.9%) |
| Median total closing costs | $9,777 | $7,127 | +$2,650 (+37.2%) |
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.