Purchase Originations
944
Ranked #394 nationally
Median Total Costs
$16,639
+149.1% vs national ($6,680)
↑ $218 vs prior year
Median Rate
7.125%
+9.8% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$11,536
Median Lender Credits
$4,188
Cost Rank (500+ vol.)
#613
among lenders with 500+ originations
Denial Rate
16.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 944 | 7.125% | $16,639 | $11,536 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 352 | 6.999% | $21,151 | #107 |
| Florida | 177 | 7.125% | $17,607 | #171 |
| Texas | 114 | 7.500% | $14,731 | #265 |
| Georgia | 64 | 7.438% | $12,123 | #180 |
| Tennessee | 27 | 6.999% | $13,352 | — |
| Washington | 27 | 6.999% | $16,102 | — |
| Nevada | 24 | 6.875% | $16,764 | — |
| Utah | 20 | 7.438% | $14,860 | — |
| Arizona | 19 | 7.625% | $16,016 | — |
| South Carolina | 10 | 7.187% | $11,323 | — |
| Colorado | 9 | 6.875% | $15,929 | — |
| Illinois | 9 | 7.625% | $12,948 | — |
| Maryland | 9 | 7.750% | $14,575 | — |
| North Carolina | 8 | 7.188% | $11,199 | — |
| New Jersey | 8 | 7.124% | $17,478 | — |
| Oregon | 8 | 7.438% | $13,017 | — |
| Pennsylvania | 8 | 7.250% | $19,486 | — |
| Minnesota | 6 | 7.000% | $10,265 | — |
| Michigan | 5 | 7.125% | $8,274 | — |
| Ohio | 5 | 7.750% | $12,836 | — |
| Missouri | 4 | 7.438% | $18,684 | — |
| New Mexico | 4 | 8.375% | $14,625 | — |
| Wisconsin | 4 | 8.188% | $10,300 | — |
| Idaho | 3 | 6.875% | $15,459 | — |
| Kentucky | 3 | 6.750% | $10,036 | — |
| Louisiana | 3 | 8.625% | $15,439 | — |
| Oklahoma | 3 | 7.625% | $10,040 | — |
| Indiana | 2 | 7.375% | $10,732 | — |
| Virginia | 2 | 7.250% | $11,310 | — |
| Alabama | 1 | 6.375% | $3,598 | — |
| District of Columbia | 1 | 6.500% | $30,899 | — |
| Delaware | 1 | 6.625% | $19,955 | — |
| Kansas | 1 | 7.999% | $6,908 | — |
| Mississippi | 1 | 6.875% | $10,488 | — |
| New Hampshire | 1 | 7.500% | $5,058 | — |
| Vermont | 1 | 6.750% | $9,870 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $14,025 | 8.250% | — | 11 | −$2,614 | |
| 2 | $14,435 | 7.438% | — | 10 | −$2,204 | |
| 3 | $14,667 | 7.125% | — | 12 | −$1,972 | |
| 4 | $14,814 | 7.125% | — | 15 | −$1,825 | |
| 5 | $16,974 | 7.125% | — | 23 | +$335 | |
| 6 | $17,533 | 7.249% | — | 16 | +$894 | |
| 7 | $17,621 | 6.999% | — | 25 | +$982 | |
| 8 | $18,414 | 7.188% | — | 30 | +$1,775 | |
| 9 | $18,529 | 6.875% | — | 9 | +$1,890 | |
| 10 | $18,958 | 7.375% | — | 10 | +$2,319 | |
| 11 | $19,073 | 7.375% | — | 30 | +$2,434 | |
| 12 | $19,178 | 6.875% | — | 18 | +$2,539 | |
| 13 | $20,252 | 6.750% | — | 11 | +$3,613 | |
| 14 | $21,100 | 6.875% | — | 15 | +$4,461 | |
| 15 | $21,847 | 6.999% | — | 26 | +$5,208 | |
| 16 | $23,897 | 6.999% | — | 136 | +$7,258 | |
| 17 | $24,918 | 7.312% | — | 22 | +$8,279 | |
| 18 | $25,604 | 6.937% | — | 10 | +$8,965 | |
| 19 | $25,779 | 6.875% | — | 49 | +$9,140 | |
| 20 | $26,196 | 6.750% | — | 9 | +$9,557 |
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 | Clearedge Lending LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $605,000 | $335,000 | +$270,000 (+80.6%) |
| Median total closing costs | $16,639 | $7,127 | +$9,512 (+133.5%) |
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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.