Purchase Originations
309
Median Total Costs
$2,998
−55.1% vs national ($6,680)
↓ $335 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.115% vs prior year
Median Origination
$1,195
Median Lender Credits
$500
Denial Rate
2.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 227 | 6.500% | $2,818 | $1,195 |
| fha | 42 | 6.125% | $7,472 | $1,273 |
| va | 40 | 6.125% | $5,272 | $1,195 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Nebraska | 279 | 6.375% | $2,972 | #20 |
| Iowa | 11 | 6.490% | $2,983 | — |
| Colorado | 3 | 6.490% | $3,238 | — |
| Florida | 2 | 5.870% | $11,075 | — |
| Tennessee | 2 | 6.562% | $3,839 | — |
| Texas | 2 | 5.749% | $7,378 | — |
| Arizona | 1 | 9.000% | $698 | — |
| California | 1 | 6.375% | $7,211 | — |
| Georgia | 1 | 6.500% | $5,665 | — |
| Kansas | 1 | 6.125% | $2,678 | — |
| Michigan | 1 | 6.750% | $3,834 | — |
| Ohio | 1 | 5.990% | $5,218 | — |
| Pennsylvania | 1 | 5.625% | $8,975 | — |
| South Carolina | 1 | 6.250% | $10,837 | — |
| South Dakota | 1 | 6.500% | $2,608 | — |
| Virginia | 1 | 6.875% | $3,875 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $698 | 9.000% | — | 1 | −$2,300 | |
| 2 | $2,637 | 6.620% | — | 8 | −$361 | |
| 3 | $2,678 | 6.125% | — | 1 | −$320 | |
| 4 | $2,816 | 6.433% | — | 18 | −$182 | |
| 5 | $2,837 | 6.433% | — | 4 | −$161 | |
| 6 | $2,878 | 6.875% | — | 1 | −$120 | |
| 7 | $2,964 | 6.490% | — | 149 | −$34 | |
| 8 | $2,983 | 6.490% | — | 7 | −$15 | |
| 9 | $3,035 | 6.125% | — | 95 | +$37 | |
| 10 | $3,048 | 6.490% | — | 1 | +$50 | |
| 11 | $3,138 | 6.875% | — | 1 | +$140 | |
| 12 | $3,238 | 6.990% | — | 1 | +$240 | |
| 13 | $3,321 | 6.125% | — | 1 | +$323 | |
| 14 | $3,329 | 6.500% | — | 1 | +$331 | |
| 15 | $3,834 | 6.750% | — | 1 | +$836 | |
| 16 | $5,665 | 6.500% | — | 1 | +$2,667 | |
| 17 | $5,995 | 5.990% | — | 1 | +$2,997 | |
| 18 | $7,211 | 6.375% | — | 1 | +$4,213 | |
| 19 | $7,728 | 6.188% | — | 2 | +$4,730 | |
| 20 | $11,075 | 5.870% | — | 2 | +$8,077 |
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 | Core Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $2,998 | $7,127 | −$4,129 (−57.9%) |
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.