Purchase Originations
445
Median Total Costs
$4,504
−32.6% vs national ($6,680)
↑ $2 vs prior year
Median Rate
5.990%
−7.7% vs national (6.490%)
↓ 0.260% vs prior year
Median Origination
$1,345
Median Lender Credits
$600
Denial Rate
11.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 431 | 5.875% | $4,496 | $1,345 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 417 | 5.875% | $4,527 | #28 |
| New Hampshire | 20 | 5.990% | $3,992 | — |
| Rhode Island | 7 | 5.990% | $6,869 | — |
| Connecticut | 1 | 5.990% | $5,396 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,717 | 5.875% | — | 1 | −$787 | |
| 2 | $3,895 | 6.000% | — | 3 | −$609 | |
| 3 | $4,038 | 5.933% | — | 8 | −$466 | |
| 4 | $4,111 | 6.062% | — | 4 | −$393 | |
| 5 | $4,118 | 6.308% | — | 2 | −$386 | |
| 6 | $4,151 | 6.183% | — | 2 | −$353 | |
| 7 | $4,157 | 5.808% | — | 4 | −$347 | |
| 8 | $4,222 | 5.000% | — | 127 | −$282 | |
| 9 | $4,262 | 5.750% | — | 1 | −$242 | |
| 10 | $4,347 | 6.062% | — | 18 | −$157 | |
| 11 | $4,528 | 5.990% | — | 40 | +$24 | |
| 12 | $4,682 | 5.990% | — | 60 | +$178 | |
| 13 | $4,719 | 5.990% | — | 48 | +$215 | |
| 14 | $4,776 | 5.750% | — | 25 | +$272 | |
| 15 | $4,852 | 5.990% | — | 87 | +$348 | |
| 16 | $4,915 | 6.125% | — | 6 | +$411 | |
| 17 | $5,072 | 6.000% | — | 1 | +$568 | |
| 18 | $5,396 | 5.990% | — | 1 | +$892 | |
| 19 | $6,869 | 5.625% | — | 3 | +$2,365 | |
| 20 | $9,645 | 5.990% | — | 3 | +$5,141 |
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 | Eastern Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $445,000 | $335,000 | +$110,000 (+32.8%) |
| Median total closing costs | $4,504 | $7,127 | −$2,623 (−36.8%) |
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.