Purchase Originations
377
Median Total Costs
$6,805
+1.9% vs national ($6,680)
↑ $543 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,295
Median Lender Credits
$10,000
Denial Rate
8.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 302 | 6.125% | $6,398 | $1,295 |
| fha | 72 | 6.250% | $10,569 | $1,886 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 207 | 6.250% | $7,220 | #92 |
| Wisconsin | 30 | 6.188% | $5,591 | — |
| California | 25 | 6.375% | $5,304 | — |
| Florida | 25 | 5.875% | $5,431 | — |
| Missouri | 22 | 5.750% | $7,890 | — |
| Michigan | 12 | 6.312% | $6,952 | — |
| Texas | 10 | 6.000% | $5,392 | — |
| Georgia | 7 | 5.625% | $5,669 | — |
| Massachusetts | 7 | 5.875% | $5,831 | — |
| Indiana | 6 | 6.500% | $3,262 | — |
| New York | 4 | 6.062% | $6,456 | — |
| Pennsylvania | 3 | 5.875% | $9,305 | — |
| Virginia | 3 | 5.625% | $7,361 | — |
| Colorado | 2 | 5.562% | $3,661 | — |
| Minnesota | 2 | 6.000% | $6,702 | — |
| New Jersey | 2 | 5.625% | $6,024 | — |
| Nevada | 2 | 5.188% | $15,476 | — |
| Ohio | 2 | 5.375% | $5,181 | — |
| Iowa | 1 | 6.500% | $3,153 | — |
| Maryland | 1 | 5.375% | $7,328 | — |
| Oregon | 1 | 5.125% | $36,367 | — |
| South Carolina | 1 | 6.875% | $4,125 | — |
| Utah | 1 | 5.625% | $4,619 | — |
| Washington | 1 | 5.250% | $5,113 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,146 | 6.625% | — | 5 | −$3,659 | |
| 2 | $3,597 | 6.375% | — | 3 | −$3,208 | |
| 3 | $3,665 | 6.375% | — | 2 | −$3,140 | |
| 4 | $4,663 | 6.250% | — | 3 | −$2,142 | |
| 5 | $5,179 | 6.625% | — | 19 | −$1,626 | |
| 6 | $5,302 | 6.062% | — | 20 | −$1,503 | |
| 7 | $5,425 | 5.500% | — | 3 | −$1,380 | |
| 8 | $5,827 | 5.875% | — | 3 | −$978 | |
| 9 | $6,145 | 6.000% | — | 8 | −$660 | |
| 10 | $6,456 | 6.062% | — | 2 | −$349 | |
| 11 | $6,854 | 5.750% | — | 3 | +$49 | |
| 12 | $6,961 | 6.188% | — | 22 | +$156 | |
| 13 | $6,986 | 6.500% | — | 6 | +$181 | |
| 14 | $7,220 | 6.250% | — | 7 | +$415 | |
| 15 | $7,246 | 6.375% | — | 15 | +$441 | |
| 16 | $7,414 | 6.250% | — | 161 | +$609 | |
| 17 | $7,701 | 5.750% | — | 17 | +$896 | |
| 18 | $7,704 | 6.500% | — | 10 | +$899 | |
| 19 | $8,251 | 5.750% | — | 4 | +$1,446 | |
| 20 | $15,476 | 5.188% | — | 2 | +$8,671 |
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 | Cibc Bank USA | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $6,805 | $7,127 | −$322 (−4.5%) |
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.