Purchase Originations
195
Median Total Costs
$5,449
−18.4% vs national ($6,680)
↑ $497 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,290
Median Lender Credits
$55
Denial Rate
1.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 118 | 6.625% | $4,536 | $1,290 |
| fha | 58 | 6.375% | $8,823 | $1,290 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,449 | 5.990% | — | 1 | −$3,000 | |
| 2 | $3,632 | 6.688% | — | 2 | −$1,817 | |
| 3 | $3,998 | 6.370% | — | 2 | −$1,451 | |
| 4 | $4,019 | 6.250% | — | 3 | −$1,430 | |
| 5 | $4,407 | 6.125% | — | 3 | −$1,042 | |
| 6 | $4,488 | 6.625% | — | 11 | −$961 | |
| 7 | $4,651 | 6.688% | — | 6 | −$798 | |
| 8 | $4,988 | 6.375% | — | 29 | −$461 | |
| 9 | $5,290 | 6.562% | — | 44 | −$159 | |
| 10 | $5,303 | 6.625% | — | 11 | −$146 | |
| 11 | $5,599 | 6.625% | — | 13 | +$150 | |
| 12 | $5,796 | 6.625% | — | 26 | +$347 | |
| 13 | $6,188 | 6.125% | — | 18 | +$739 | |
| 14 | $8,411 | 6.125% | — | 2 | +$2,962 | |
| 15 | $8,520 | 6.500% | — | 1 | +$3,071 | |
| 16 | $8,924 | 5.750% | — | 1 | +$3,475 | |
| 17 | $9,150 | 6.375% | — | 5 | +$3,701 | |
| 18 | $9,408 | 6.125% | — | 1 | +$3,959 | |
| 19 | $9,719 | 6.250% | — | 5 | +$4,270 | |
| 20 | $11,012 | 6.500% | — | 1 | +$5,563 |
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 | Direct Lenders, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $295,000 | $335,000 | −$40,000 (−11.9%) |
| Median total closing costs | $5,449 | $7,127 | −$1,678 (−23.5%) |
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.