Purchase Originations
391
Median Total Costs
$5,429
−18.7% vs national ($6,680)
↓ $146 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,400
Median Lender Credits
$357
Denial Rate
4.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 329 | 6.750% | $4,702 | $1,400 |
| fha | 48 | 6.500% | $8,858 | $1,507 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 180 | 6.625% | $6,173 | #105 |
| Wisconsin | 156 | 6.625% | $2,893 | #66 |
| Indiana | 19 | 6.625% | $3,173 | — |
| New Jersey | 11 | 6.500% | $5,546 | — |
| Massachusetts | 6 | 6.562% | $10,828 | — |
| Arizona | 2 | 6.812% | $5,088 | — |
| Connecticut | 2 | 7.250% | $4,015 | — |
| Florida | 2 | 6.188% | $6,071 | — |
| Rhode Island | 2 | 5.750% | $25,883 | — |
| Tennessee | 2 | 7.125% | $5,160 | — |
| Texas | 2 | 6.438% | $6,757 | — |
| Georgia | 1 | 6.125% | $5,654 | — |
| Kansas | 1 | 6.625% | $4,550 | — |
| Kentucky | 1 | 7.000% | $7,299 | — |
| Michigan | 1 | 6.875% | $3,702 | — |
| Ohio | 1 | 6.500% | $3,599 | — |
| Pennsylvania | 1 | 6.875% | $4,811 | — |
| South Carolina | 1 | 7.375% | $4,531 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,668 | 6.625% | — | 11 | −$2,761 | |
| 2 | $2,812 | 6.500% | — | 3 | −$2,617 | |
| 3 | $2,863 | 6.625% | — | 35 | −$2,566 | |
| 4 | $2,894 | 6.750% | — | 3 | −$2,535 | |
| 5 | $2,902 | 6.812% | — | 4 | −$2,527 | |
| 6 | $2,981 | 6.625% | — | 48 | −$2,448 | |
| 7 | $3,035 | 6.750% | — | 3 | −$2,394 | |
| 8 | $3,150 | 6.625% | — | 39 | −$2,279 | |
| 9 | $3,206 | 6.500% | — | 6 | −$2,223 | |
| 10 | $4,918 | 6.312% | — | 4 | −$511 | |
| 11 | $5,104 | 6.750% | — | 10 | −$325 | |
| 12 | $6,016 | 6.625% | — | 9 | +$587 | |
| 13 | $6,040 | 6.188% | — | 4 | +$611 | |
| 14 | $6,089 | 6.625% | — | 18 | +$660 | |
| 15 | $6,108 | 6.500% | — | 21 | +$679 | |
| 16 | $6,154 | 6.875% | — | 31 | +$725 | |
| 17 | $6,192 | 6.688% | — | 6 | +$763 | |
| 18 | $6,300 | 6.625% | — | 26 | +$871 | |
| 19 | $6,395 | 6.500% | — | 44 | +$966 | |
| 20 | $11,186 | 6.562% | — | 4 | +$5,757 |
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 | CIBM Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $5,429 | $7,127 | −$1,698 (−23.8%) |
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.