Purchase Originations
208
Median Total Costs
$4,823
−27.8% vs national ($6,680)
↓ $390 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$2,469
Median Lender Credits
$200
Denial Rate
4.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 208 | 6.500% | $4,823 | $2,469 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,446 | 7.250% | — | 3 | −$1,377 | |
| 2 | $3,624 | 7.312% | — | 2 | −$1,199 | |
| 3 | $3,642 | 6.375% | — | 3 | −$1,181 | |
| 4 | $3,956 | 6.500% | — | 9 | −$867 | |
| 5 | $4,191 | 6.000% | — | 3 | −$632 | |
| 6 | $4,250 | 6.750% | — | 24 | −$573 | |
| 7 | $4,552 | 6.500% | — | 5 | −$271 | |
| 8 | $4,568 | 6.625% | — | 14 | −$255 | |
| 9 | $4,600 | 6.500% | — | 45 | −$223 | |
| 10 | $4,833 | 7.312% | — | 14 | +$10 | |
| 11 | $4,947 | 6.000% | — | 19 | +$124 | |
| 12 | $4,969 | 6.375% | — | 5 | +$146 | |
| 13 | $5,129 | 6.812% | — | 2 | +$306 | |
| 14 | $5,382 | 6.125% | — | 7 | +$559 | |
| 15 | $5,604 | 6.562% | — | 14 | +$781 | |
| 16 | $6,241 | 6.250% | — | 5 | +$1,418 | |
| 17 | $6,304 | 6.812% | — | 2 | +$1,481 | |
| 18 | $6,831 | 6.125% | — | 4 | +$2,008 | |
| 19 | $7,648 | 6.438% | — | 2 | +$2,825 | |
| 20 | $7,907 | 6.500% | — | 7 | +$3,084 |
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 | Deerwood Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $4,823 | $7,127 | −$2,304 (−32.3%) |
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.