Purchase Originations
124
Median Total Costs
$5,272
−21.1% vs national ($6,680)
↓ $39 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,911
Median Lender Credits
$119
Denial Rate
5.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 82 | 6.375% | $4,576 | $2,865 |
| fha | 26 | 6.000% | $7,678 | $1,000 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 124 | 6.125% | $5,272 | #20 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,671 | 5.688% | — | 2 | −$3,601 | |
| 2 | $3,248 | 6.438% | — | 4 | −$2,024 | |
| 3 | $3,578 | 6.125% | — | 5 | −$1,694 | |
| 4 | $3,685 | 5.875% | — | 3 | −$1,587 | |
| 5 | $4,134 | 6.375% | — | 2 | −$1,138 | |
| 6 | $4,265 | 6.375% | — | 3 | −$1,007 | |
| 7 | $4,681 | 6.188% | — | 22 | −$591 | |
| 8 | $4,808 | 5.625% | — | 1 | −$464 | |
| 9 | $5,023 | 6.125% | — | 44 | −$249 | |
| 10 | $5,264 | 6.625% | — | 1 | −$8 | |
| 11 | $5,432 | 5.500% | — | 1 | +$160 | |
| 12 | $5,715 | 6.188% | — | 2 | +$443 | |
| 13 | $5,932 | 5.375% | — | 1 | +$660 | |
| 14 | $6,407 | 5.625% | — | 1 | +$1,135 | |
| 15 | $6,441 | 6.188% | — | 2 | +$1,169 | |
| 16 | $6,483 | 6.125% | — | 5 | +$1,211 | |
| 17 | $6,491 | 6.750% | — | 10 | +$1,219 | |
| 18 | $6,690 | 7.375% | — | 1 | +$1,418 | |
| 19 | $7,074 | 6.375% | — | 9 | +$1,802 | |
| 20 | $18,954 | 6.125% | — | 1 | +$13,682 |
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 | CU Mortgage Direct, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $245,000 | $335,000 | −$90,000 (−26.9%) |
| Median total closing costs | $5,272 | $7,127 | −$1,855 (−26.0%) |
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.