Purchase Originations
534
Ranked #604 nationally
Median Total Costs
$14,046
+110.3% vs national ($6,680)
↓ $261 vs prior year
Median Rate
6.875%
+5.9% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$6,658
Median Lender Credits
$698
Cost Rank (500+ vol.)
#598
among lenders with 500+ originations
Denial Rate
18.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 329 | 6.625% | $15,633 | $6,195 |
| conventional | 194 | 7.500% | $10,820 | $7,612 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maryland | 176 | 6.875% | $14,528 | #71 |
| Virginia | 133 | 6.875% | $17,674 | #105 |
| Florida | 88 | 6.625% | $14,067 | #249 |
| North Carolina | 48 | 7.188% | $10,581 | — |
| Texas | 19 | 6.875% | $12,945 | — |
| Arizona | 9 | 7.750% | $15,485 | — |
| Tennessee | 9 | 6.990% | $11,918 | — |
| Indiana | 7 | 7.125% | $10,415 | — |
| Oregon | 7 | 6.875% | $15,637 | — |
| South Carolina | 6 | 7.058% | $9,609 | — |
| Illinois | 5 | 8.740% | $10,820 | — |
| Pennsylvania | 5 | 9.000% | $13,962 | — |
| California | 3 | 6.750% | $22,455 | — |
| Connecticut | 3 | 6.750% | $13,744 | — |
| Michigan | 3 | 6.875% | $11,831 | — |
| Puerto Rico | 3 | 6.250% | $12,243 | — |
| District of Columbia | 2 | 6.312% | $20,987 | — |
| Delaware | 2 | 7.625% | $19,278 | — |
| West Virginia | 2 | 6.312% | $19,996 | — |
| Colorado | 1 | 8.500% | $16,486 | — |
| Missouri | 1 | 6.625% | $10,749 | — |
| New Jersey | 1 | 8.875% | $13,340 | — |
| Oklahoma | 1 | 9.000% | $8,310 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $9,997 | 9.000% | — | 7 | −$4,049 | |
| 2 | $10,193 | 6.562% | — | 6 | −$3,853 | |
| 3 | $10,459 | 7.312% | — | 14 | −$3,587 | |
| 4 | $11,165 | 7.312% | — | 8 | −$2,881 | |
| 5 | $11,481 | 6.938% | — | 8 | −$2,565 | |
| 6 | $12,894 | 7.000% | — | 8 | −$1,152 | |
| 7 | $13,168 | 6.500% | — | 11 | −$878 | |
| 8 | $13,212 | 6.625% | — | 20 | −$834 | |
| 9 | $14,184 | 6.562% | — | 10 | +$138 | |
| 10 | $14,594 | 7.000% | — | 23 | +$548 | |
| 11 | $14,787 | 6.625% | — | 17 | +$741 | |
| 12 | $15,234 | 7.625% | — | 6 | +$1,188 | |
| 13 | $16,022 | 6.995% | — | 66 | +$1,976 | |
| 14 | $16,074 | 6.688% | — | 16 | +$2,028 | |
| 15 | $17,447 | 6.750% | — | 12 | +$3,401 | |
| 16 | $17,648 | 7.375% | — | 8 | +$3,602 | |
| 17 | $18,857 | 7.125% | — | 19 | +$4,811 | |
| 18 | $18,860 | 6.750% | — | 27 | +$4,814 | |
| 19 | $21,022 | 6.750% | — | 16 | +$6,976 | |
| 20 | $21,642 | 6.750% | — | 11 | +$7,596 |
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 | City Lending Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $345,000 | $335,000 | +$10,000 (+3.0%) |
| Median total closing costs | $14,046 | $7,127 | +$6,919 (+97.1%) |
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.