Purchase Originations
447
Median Total Costs
$3,943
−41.0% vs national ($6,680)
↑ $328 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↓ 0.500% vs prior year
Median Origination
$400
Median Lender Credits
$27
Denial Rate
9.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 447 | 6.000% | $3,943 | $400 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 223 | 6.000% | $3,597 | #102 |
| New York | 178 | 6.125% | $4,183 | #98 |
| Pennsylvania | 21 | 5.875% | $3,959 | — |
| South Carolina | 19 | 5.875% | $3,594 | — |
| Florida | 3 | 6.375% | $3,504 | — |
| Maryland | 3 | 5.625% | $3,559 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,025 | 6.062% | — | 2 | −$918 | |
| 2 | $3,038 | 5.750% | — | 9 | −$905 | |
| 3 | $3,217 | 6.000% | — | 9 | −$726 | |
| 4 | $3,345 | 5.938% | — | 6 | −$598 | |
| 5 | $3,356 | 6.125% | — | 7 | −$587 | |
| 6 | $3,393 | 6.125% | — | 3 | −$550 | |
| 7 | $3,507 | 5.875% | — | 3 | −$436 | |
| 8 | $3,613 | 6.000% | — | 68 | −$330 | |
| 9 | $3,737 | 6.000% | — | 100 | −$206 | |
| 10 | $3,805 | 6.250% | — | 3 | −$138 | |
| 11 | $3,898 | 5.875% | — | 7 | −$45 | |
| 12 | $3,963 | 6.000% | — | 2 | +$20 | |
| 13 | $4,032 | 6.125% | — | 96 | +$89 | |
| 14 | $4,123 | 5.875% | — | 5 | +$180 | |
| 15 | $4,192 | 5.875% | — | 3 | +$249 | |
| 16 | $4,337 | 6.250% | — | 62 | +$394 | |
| 17 | $4,384 | 6.062% | — | 12 | +$441 | |
| 18 | $4,458 | 6.375% | — | 3 | +$515 | |
| 19 | $5,008 | 5.875% | — | 3 | +$1,065 | |
| 20 | $7,837 | 5.688% | — | 2 | +$3,894 |
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 | Corning Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $3,943 | $7,127 | −$3,184 (−44.7%) |
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.