Purchase Originations
272
Median Total Costs
$6,095
−8.8% vs national ($6,680)
↓ $562 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,595
Median Lender Credits
$92
Denial Rate
6.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 215 | 6.625% | $6,033 | $1,625 |
| fha | 38 | 6.500% | $9,341 | $300 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 73 | 6.500% | $4,034 | #162 |
| New Jersey | 58 | 6.625% | $8,288 | #144 |
| Pennsylvania | 46 | 6.625% | $7,630 | — |
| North Carolina | 37 | 6.125% | $4,667 | — |
| Oklahoma | 20 | 6.688% | $5,923 | — |
| Florida | 9 | 7.125% | $13,651 | — |
| West Virginia | 7 | 6.500% | $3,036 | — |
| Illinois | 6 | 7.312% | $7,105 | — |
| New York | 6 | 6.875% | $12,067 | — |
| Texas | 3 | 7.875% | $11,035 | — |
| Connecticut | 2 | 6.500% | $17,525 | — |
| Minnesota | 2 | 8.062% | $7,911 | — |
| South Carolina | 2 | 6.500% | $4,732 | — |
| Indiana | 1 | 9.625% | $13,539 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,747 | 5.875% | — | 5 | −$2,348 | |
| 2 | $3,850 | 6.125% | — | 9 | −$2,245 | |
| 3 | $3,871 | 6.500% | — | 7 | −$2,224 | |
| 4 | $4,063 | 6.625% | — | 38 | −$2,032 | |
| 5 | $4,584 | 6.125% | — | 13 | −$1,511 | |
| 6 | $5,333 | 6.500% | — | 17 | −$762 | |
| 7 | $5,396 | 6.562% | — | 4 | −$699 | |
| 8 | $6,063 | 6.875% | — | 5 | −$32 | |
| 9 | $6,822 | 7.062% | — | 8 | +$727 | |
| 10 | $7,550 | 6.500% | — | 5 | +$1,455 | |
| 11 | $7,722 | 8.245% | — | 6 | +$1,627 | |
| 12 | $7,819 | 6.500% | — | 5 | +$1,724 | |
| 13 | $7,824 | 6.875% | — | 5 | +$1,729 | |
| 14 | $8,178 | 7.000% | — | 6 | +$2,083 | |
| 15 | $8,216 | 6.875% | — | 6 | +$2,121 | |
| 16 | $9,817 | 6.562% | — | 6 | +$3,722 | |
| 17 | $10,868 | 6.812% | — | 12 | +$4,773 | |
| 18 | $11,160 | 6.750% | — | 8 | +$5,065 | |
| 19 | $13,379 | 6.250% | — | 7 | +$7,284 | |
| 20 | $13,458 | 6.750% | — | 4 | +$7,363 |
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 | Developer's Mortgage Company | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $385,000 | $335,000 | +$50,000 (+14.9%) |
| Median total closing costs | $6,095 | $7,127 | −$1,032 (−14.5%) |
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.