Purchase Originations
360
Median Total Costs
$3,747
−43.9% vs national ($6,680)
↑ $15 vs prior year
Median Rate
6.490%
+0.0% vs national (6.490%)
↓ 0.135% vs prior year
Median Origination
$975
Median Lender Credits
$154
Denial Rate
18.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 281 | 6.624% | $3,537 | $975 |
| fha | 47 | 6.125% | $8,440 | $975 |
| va | 27 | 6.250% | $3,651 | $975 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Arkansas | 265 | 6.490% | $3,458 | #26 |
| Texas | 45 | 5.990% | $6,022 | — |
| North Carolina | 6 | 6.562% | $4,598 | — |
| Colorado | 5 | 6.625% | $3,619 | — |
| Florida | 5 | 6.250% | $4,062 | — |
| Missouri | 5 | 5.990% | $5,284 | — |
| Georgia | 3 | 6.490% | $5,403 | — |
| South Carolina | 3 | 6.750% | $3,424 | — |
| Arizona | 2 | 6.938% | $8,505 | — |
| California | 2 | 7.500% | $7,673 | — |
| Maryland | 2 | 6.875% | $6,979 | — |
| Mississippi | 2 | 6.745% | $4,419 | — |
| Utah | 2 | 6.808% | $8,976 | — |
| Alabama | 1 | 6.500% | $2,309 | — |
| Indiana | 1 | 6.875% | $2,424 | — |
| Kansas | 1 | 6.990% | $3,344 | — |
| Louisiana | 1 | 6.990% | $4,347 | — |
| Michigan | 1 | 7.000% | $3,891 | — |
| New Jersey | 1 | 6.625% | $6,103 | — |
| New York | 1 | 1.000% | $7,911 | — |
| Ohio | 1 | 6.250% | $8,440 | — |
| Oklahoma | 1 | 6.375% | $3,918 | — |
| Oregon | 1 | 6.875% | $6,277 | — |
| Tennessee | 1 | 6.875% | $5,666 | — |
| Washington | 1 | 6.750% | $5,059 | — |
| West Virginia | 1 | 6.125% | $4,798 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,639 | 3.875% | — | 2 | −$1,108 | |
| 2 | $3,024 | 6.500% | — | 36 | −$723 | |
| 3 | $3,071 | 6.375% | — | 5 | −$676 | |
| 4 | $3,096 | 6.183% | — | 2 | −$651 | |
| 5 | $3,174 | 6.250% | — | 13 | −$573 | |
| 6 | $3,257 | 6.240% | — | 4 | −$490 | |
| 7 | $3,375 | 6.688% | — | 4 | −$372 | |
| 8 | $3,537 | 6.624% | — | 117 | −$210 | |
| 9 | $3,619 | 6.625% | — | 5 | −$128 | |
| 10 | $3,807 | 6.250% | — | 38 | +$60 | |
| 11 | $4,185 | 6.438% | — | 36 | +$438 | |
| 12 | $5,257 | 6.312% | — | 2 | +$1,510 | |
| 13 | $5,586 | 6.000% | — | 3 | +$1,839 | |
| 14 | $5,760 | 6.620% | — | 2 | +$2,013 | |
| 15 | $6,029 | 4.990% | — | 27 | +$2,282 | |
| 16 | $6,209 | 3.875% | — | 2 | +$2,462 | |
| 17 | $6,979 | 6.875% | — | 2 | +$3,232 | |
| 18 | $7,402 | 6.058% | — | 2 | +$3,655 | |
| 19 | $8,976 | 6.808% | — | 2 | +$5,229 | |
| 20 | $9,758 | 5.990% | — | 3 | +$6,011 |
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 | Encore Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $320,000 | $335,000 | −$15,000 (−4.5%) |
| Median total closing costs | $3,747 | $7,127 | −$3,380 (−47.4%) |
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.