Purchase Originations
156
Median Total Costs
$3,987
−40.3% vs national ($6,680)
↑ $19 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↓ 0.500% vs prior year
Median Origination
$695
Median Lender Credits
$69
Denial Rate
2.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 156 | 6.000% | $3,987 | $695 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 152 | 6.000% | $3,980 | #65 |
| Rhode Island | 2 | 6.188% | $3,730 | — |
| Maine | 1 | 6.750% | $4,150 | — |
| New Hampshire | 1 | 6.375% | $4,090 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,548 | 6.000% | — | 14 | −$439 | |
| 2 | $3,656 | 6.125% | — | 29 | −$331 | |
| 3 | $3,730 | 6.188% | — | 2 | −$257 | |
| 4 | $3,776 | 6.125% | — | 3 | −$211 | |
| 5 | $4,069 | 6.000% | — | 59 | +$82 | |
| 6 | $4,090 | 6.375% | — | 1 | +$103 | |
| 7 | $4,146 | 6.125% | — | 3 | +$159 | |
| 8 | $4,150 | 6.750% | — | 1 | +$163 | |
| 9 | $4,165 | 6.000% | — | 17 | +$178 | |
| 10 | $4,167 | 6.000% | — | 25 | +$180 | |
| 11 | $4,737 | 6.188% | — | 2 | +$750 |
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 | Dedham Institution For Savings | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $525,000 | $335,000 | +$190,000 (+56.7%) |
| Median total closing costs | $3,987 | $7,127 | −$3,140 (−44.1%) |
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.