Purchase Originations
2,130
Ranked #209 nationally
Median Total Costs
$9,570
+43.3% vs national ($6,680)
↓ $123 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$3,535
Median Lender Credits
$538
Cost Rank (500+ vol.)
#526
among lenders with 500+ originations
Denial Rate
1.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,152 | 6.750% | $6,858 | $3,500 |
| fha | 758 | 6.500% | $12,671 | $3,752 |
| va | 189 | 6.490% | $10,350 | $2,928 |
| usda | 31 | 6.625% | $7,686 | $3,384 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maryland | 900 | 6.625% | $8,994 | #14 |
| Indiana | 250 | 6.625% | $10,125 | #71 |
| Arizona | 219 | 6.625% | $11,208 | #64 |
| South Carolina | 191 | 6.490% | $10,335 | #80 |
| Pennsylvania | 121 | 6.625% | $8,481 | #144 |
| Florida | 109 | 6.500% | $7,596 | #220 |
| Texas | 63 | 6.750% | $11,054 | #318 |
| Delaware | 44 | 6.875% | $9,486 | — |
| Alabama | 40 | 6.250% | $8,360 | — |
| District of Columbia | 35 | 6.500% | $10,756 | — |
| North Carolina | 34 | 6.490% | $5,910 | — |
| Illinois | 33 | 6.750% | $12,352 | — |
| Ohio | 25 | 7.125% | $9,155 | — |
| Virginia | 15 | 6.625% | $6,668 | — |
| West Virginia | 11 | 6.625% | $9,221 | — |
| Washington | 9 | 6.125% | $10,473 | — |
| New Mexico | 5 | 6.750% | $7,899 | — |
| Utah | 4 | 6.688% | $10,685 | — |
| Wisconsin | 4 | 6.188% | $9,581 | — |
| Colorado | 3 | 6.500% | $4,793 | — |
| New Jersey | 3 | 6.990% | $15,319 | — |
| California | 2 | 6.062% | $15,525 | — |
| Michigan | 2 | 6.120% | $18,558 | — |
| Tennessee | 2 | 7.375% | $8,357 | — |
| Georgia | 1 | 6.625% | $6,142 | — |
| Kansas | 1 | 6.990% | $4,066 | — |
| Kentucky | 1 | 7.125% | $13,728 | — |
| Louisiana | 1 | 6.875% | $6,254 | — |
| Mississippi | 1 | 6.490% | $8,495 | — |
| Oregon | 1 | 6.625% | $10,844 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,856 | 6.625% | — | 41 | −$2,714 | |
| 2 | $7,154 | 6.500% | — | 85 | −$2,416 | |
| 3 | $7,214 | 6.562% | — | 48 | −$2,356 | |
| 4 | $7,229 | 6.688% | — | 40 | −$2,341 | |
| 5 | $7,357 | 6.375% | — | 33 | −$2,213 | |
| 6 | $7,995 | 6.625% | — | 129 | −$1,575 | |
| 7 | $8,426 | 6.500% | — | 56 | −$1,144 | |
| 8 | $8,689 | 6.500% | — | 255 | −$881 | |
| 9 | $8,923 | 6.750% | — | 60 | −$647 | |
| 10 | $9,148 | 6.750% | — | 55 | −$422 | |
| 11 | $9,573 | 6.875% | — | 36 | +$3 | |
| 12 | $9,629 | 6.625% | — | 95 | +$59 | |
| 13 | $10,349 | 6.500% | — | 156 | +$779 | |
| 14 | $10,756 | 6.500% | — | 35 | +$1,186 | |
| 15 | $10,848 | 6.490% | — | 48 | +$1,278 | |
| 16 | $10,888 | 6.624% | — | 74 | +$1,318 | |
| 17 | $11,016 | 6.625% | — | 150 | +$1,446 | |
| 18 | $12,095 | 6.250% | — | 63 | +$2,525 | |
| 19 | $13,132 | 6.490% | — | 57 | +$3,562 | |
| 20 | $13,132 | 6.625% | — | 35 | +$3,562 |
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 Mortgage Loans, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $315,000 | $335,000 | −$20,000 (−6.0%) |
| Median total closing costs | $9,570 | $7,127 | +$2,443 (+34.3%) |
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.