Purchase Originations
119
Median Total Costs
$3,215
−51.9% vs national ($6,680)
↑ $13 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↑ 0.250% vs prior year
Median Origination
$475
Median Lender Credits
$45
Denial Rate
4.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 117 | 6.000% | $3,188 | $475 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Connecticut | 114 | 6.000% | $3,219 | #46 |
| Rhode Island | 5 | 6.000% | $2,924 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,839 | 6.000% | — | 4 | −$376 | |
| 2 | $3,127 | 6.000% | — | 69 | −$88 | |
| 3 | $3,169 | 6.125% | — | 12 | −$46 | |
| 4 | $3,369 | 6.000% | — | 4 | +$154 | |
| 5 | $3,383 | 6.250% | — | 1 | +$168 | |
| 6 | $3,402 | 5.750% | — | 17 | +$187 | |
| 7 | $3,407 | 5.875% | — | 12 | +$192 |
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 | Charter Oak Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $325,000 | $335,000 | −$10,000 (−3.0%) |
| Median total closing costs | $3,215 | $7,127 | −$3,912 (−54.9%) |
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.