Purchase Originations
1,351
Ranked #299 nationally
Median Total Costs
$12,224
+83.0% vs national ($6,680)
↓ $780 vs prior year
Median Rate
7.500%
+15.6% vs national (6.490%)
↓ 0.490% vs prior year
Median Origination
$7,940
Median Lender Credits
$583
Cost Rank (500+ vol.)
#583
among lenders with 500+ originations
Denial Rate
18.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,351 | 7.500% | $12,224 | $7,940 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 290 | 7.500% | $13,539 | #125 |
| California | 173 | 7.250% | $15,702 | #157 |
| Texas | 164 | 7.375% | $12,590 | #228 |
| Georgia | 70 | 7.438% | $11,804 | #167 |
| North Carolina | 57 | 7.625% | $8,174 | #194 |
| Arizona | 38 | 7.312% | $15,221 | — |
| New Jersey | 36 | 7.688% | $12,519 | — |
| Tennessee | 35 | 7.625% | $10,107 | — |
| Colorado | 34 | 7.250% | $13,571 | — |
| Illinois | 34 | 7.688% | $10,629 | — |
| Ohio | 34 | 8.058% | $8,435 | — |
| Pennsylvania | 33 | 7.990% | $11,171 | — |
| Virginia | 33 | 7.500% | $13,206 | — |
| Alabama | 23 | 7.500% | $10,273 | — |
| South Carolina | 23 | 7.625% | $10,443 | — |
| Washington | 23 | 7.375% | $15,062 | — |
| Louisiana | 21 | 7.990% | $8,430 | — |
| Maryland | 21 | 7.625% | $14,718 | — |
| Michigan | 21 | 7.500% | $11,113 | — |
| Utah | 21 | 7.125% | $8,640 | — |
| Indiana | 19 | 8.375% | $6,181 | — |
| Nevada | 16 | 7.812% | $13,607 | — |
| Oregon | 14 | 7.625% | $14,324 | — |
| Connecticut | 13 | 7.625% | $12,640 | — |
| Oklahoma | 12 | 7.562% | $9,574 | — |
| Idaho | 10 | 7.933% | $11,909 | — |
| Missouri | 10 | 8.438% | $10,928 | — |
| Arkansas | 9 | 7.990% | $6,375 | — |
| Hawaii | 9 | 6.875% | $13,565 | — |
| Kentucky | 9 | 8.250% | $8,704 | — |
| Minnesota | 9 | 7.990% | $8,448 | — |
| Mississippi | 7 | 8.625% | $15,593 | — |
| Alaska | 3 | 7.375% | $13,973 | — |
| District of Columbia | 3 | 7.125% | $22,871 | — |
| Kansas | 3 | 8.375% | $10,088 | — |
| New Mexico | 3 | 8.250% | $7,493 | — |
| Wisconsin | 3 | 7.500% | $3,605 | — |
| Iowa | 2 | 7.438% | $13,736 | — |
| Massachusetts | 2 | 7.558% | $5,821 | — |
| Montana | 2 | 6.625% | $19,522 | — |
| Nebraska | 2 | 8.875% | $16,978 | — |
| New Hampshire | 2 | 6.625% | $10,467 | — |
| West Virginia | 2 | 7.370% | $10,531 | — |
| Maine | 1 | 7.375% | $7,944 | — |
| North Dakota | 1 | 9.875% | $10,940 | — |
| Wyoming | 1 | 9.250% | $8,039 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $8,706 | 7.875% | — | 10 | −$3,518 | |
| 2 | $9,822 | 7.250% | — | 13 | −$2,402 | |
| 3 | $10,432 | 7.245% | — | 10 | −$1,792 | |
| 4 | $10,516 | 7.500% | — | 14 | −$1,708 | |
| 5 | $10,521 | 7.250% | — | 21 | −$1,703 | |
| 6 | $11,303 | 7.750% | — | 10 | −$921 | |
| 7 | $11,991 | 7.120% | — | 10 | −$233 | |
| 8 | $12,577 | 7.250% | — | 15 | +$353 | |
| 9 | $12,840 | 7.500% | — | 17 | +$616 | |
| 10 | $13,231 | 7.375% | — | 10 | +$1,007 | |
| 11 | $13,477 | 7.375% | — | 25 | +$1,253 | |
| 12 | $13,892 | 7.120% | — | 24 | +$1,668 | |
| 13 | $14,215 | 6.990% | — | 12 | +$1,991 | |
| 14 | $14,413 | 7.500% | — | 49 | +$2,189 | |
| 15 | $14,649 | 7.120% | — | 14 | +$2,425 | |
| 16 | $15,281 | 7.875% | — | 9 | +$3,057 | |
| 17 | $16,676 | 7.375% | — | 39 | +$4,452 | |
| 18 | $16,712 | 7.250% | — | 31 | +$4,488 | |
| 19 | $18,349 | 7.125% | — | 91 | +$6,125 | |
| 20 | $26,101 | 7.058% | — | 18 | +$13,877 |
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 | Deephaven Mortgage LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $445,000 | $335,000 | +$110,000 (+32.8%) |
| Median total closing costs | $12,224 | $7,127 | +$5,097 (+71.5%) |
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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.