Purchase Originations
557
Ranked #590 nationally
Median Total Costs
$3,152
−52.8% vs national ($6,680)
↑ $138 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$995
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#52
among lenders with 500+ originations
Denial Rate
2.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 518 | 6.500% | $3,117 | $995 |
| fha | 27 | 6.125% | $7,652 | $995 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Indiana | 517 | 6.500% | $3,118 | #33 |
| North Carolina | 6 | 6.750% | $3,579 | — |
| Colorado | 5 | 6.375% | $3,468 | — |
| Texas | 5 | 6.750% | $4,887 | — |
| Illinois | 4 | 6.312% | $5,745 | — |
| Florida | 3 | 6.250% | $5,999 | — |
| Maryland | 2 | 6.188% | $10,660 | — |
| New York | 2 | 6.250% | $8,594 | — |
| Ohio | 2 | 6.000% | $6,414 | — |
| Pennsylvania | 2 | 6.250% | $5,453 | — |
| Alabama | 1 | 6.750% | $3,490 | — |
| California | 1 | 7.000% | $6,595 | — |
| Georgia | 1 | 6.250% | $4,268 | — |
| Louisiana | 1 | 6.625% | $4,237 | — |
| Michigan | 1 | 6.750% | $4,035 | — |
| Nevada | 1 | 6.375% | $12,180 | — |
| Oklahoma | 1 | 6.000% | $3,645 | — |
| South Carolina | 1 | 6.875% | $4,503 | — |
| Tennessee | 1 | 6.500% | $12,362 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,656 | 5.500% | — | 3 | −$496 | |
| 2 | $2,725 | 6.688% | — | 2 | −$427 | |
| 3 | $2,940 | 6.688% | — | 8 | −$212 | |
| 4 | $3,029 | 6.625% | — | 4 | −$123 | |
| 5 | $3,042 | 6.625% | — | 9 | −$110 | |
| 6 | $3,057 | 6.250% | — | 64 | −$95 | |
| 7 | $3,058 | 6.375% | — | 205 | −$94 | |
| 8 | $3,071 | 7.000% | — | 2 | −$81 | |
| 9 | $3,154 | 6.250% | — | 19 | +$2 | |
| 10 | $3,209 | 6.500% | — | 138 | +$57 | |
| 11 | $3,234 | 7.000% | — | 2 | +$82 | |
| 12 | $3,295 | 6.375% | — | 5 | +$143 | |
| 13 | $3,403 | 6.125% | — | 7 | +$251 | |
| 14 | $3,512 | 6.500% | — | 25 | +$360 | |
| 15 | $3,526 | 6.625% | — | 7 | +$374 | |
| 16 | $3,567 | 6.062% | — | 2 | +$415 | |
| 17 | $3,966 | 6.750% | — | 2 | +$814 | |
| 18 | $4,887 | 6.750% | — | 3 | +$1,735 | |
| 19 | $4,925 | 6.312% | — | 2 | +$1,773 | |
| 20 | $6,436 | 6.688% | — | 2 | +$3,284 |
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 | Elements Financial Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $325,000 | $335,000 | −$10,000 (−3.0%) |
| Median total closing costs | $3,152 | $7,127 | −$3,975 (−55.8%) |
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.