Purchase Originations
4,707
Ranked #104 nationally
Median Total Costs
$7,023
+5.1% vs national ($6,680)
↓ $920 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,434
Median Lender Credits
$215
Cost Rank (500+ vol.)
#371
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 | 2,877 | 6.625% | $5,672 | $2,220 |
| fha | 1,244 | 6.625% | $12,210 | $3,701 |
| va | 565 | 6.375% | $6,824 | $1,460 |
| usda | 21 | 6.250% | $8,561 | $3,220 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 379 | 6.625% | $8,513 | #138 |
| Washington | 351 | 6.625% | $10,176 | #44 |
| California | 333 | 6.500% | $7,908 | #110 |
| North Carolina | 305 | 6.625% | $7,892 | #78 |
| Illinois | 269 | 6.875% | $4,891 | #75 |
| Maryland | 226 | 6.500% | $7,960 | #57 |
| Missouri | 184 | 6.750% | $4,450 | #62 |
| Georgia | 176 | 6.500% | $9,135 | #109 |
| Colorado | 155 | 6.625% | $13,115 | #87 |
| Idaho | 152 | 6.375% | $10,078 | #34 |
| Wisconsin | 139 | 6.625% | $5,106 | #77 |
| Oregon | 135 | 6.500% | $7,536 | #58 |
| New Hampshire | 134 | 6.625% | $6,322 | #22 |
| Oklahoma | 131 | 6.625% | $5,997 | #60 |
| Indiana | 128 | 6.750% | $5,969 | #116 |
| Pennsylvania | 128 | 6.625% | $7,613 | #139 |
| Massachusetts | 123 | 6.625% | $5,484 | #79 |
| Iowa | 103 | 6.875% | $3,863 | #58 |
| Virginia | 100 | 6.625% | $7,006 | #125 |
| Ohio | 94 | 6.625% | $6,582 | #141 |
| Arizona | 90 | 6.625% | $7,442 | #109 |
| Florida | 87 | 6.625% | $9,788 | #250 |
| Arkansas | 75 | 6.500% | $4,792 | #76 |
| Kentucky | 69 | 6.500% | $7,268 | #100 |
| Montana | 67 | 6.625% | $6,272 | #29 |
| South Carolina | 61 | 6.500% | $6,818 | #150 |
| Minnesota | 52 | 6.625% | $5,116 | #124 |
| Alaska | 45 | 6.375% | $7,373 | — |
| New Jersey | 40 | 6.625% | $5,687 | — |
| Kansas | 37 | 6.875% | $3,530 | — |
| Hawaii | 33 | 6.500% | $7,339 | — |
| New Mexico | 31 | 6.500% | $10,440 | — |
| Maine | 29 | 6.625% | $6,249 | — |
| Tennessee | 29 | 6.625% | $10,876 | — |
| Nevada | 28 | 6.500% | $7,768 | — |
| Utah | 28 | 6.312% | $7,193 | — |
| Delaware | 23 | 6.750% | $7,614 | — |
| Connecticut | 21 | 6.625% | $5,521 | — |
| Rhode Island | 20 | 6.625% | $5,100 | — |
| Alabama | 18 | 6.438% | $7,710 | — |
| Michigan | 18 | 6.625% | $5,422 | — |
| West Virginia | 16 | 6.875% | $6,284 | — |
| Louisiana | 15 | 6.875% | $5,959 | — |
| District of Columbia | 14 | 6.625% | $7,120 | — |
| North Dakota | 9 | 6.125% | $5,374 | — |
| Mississippi | 4 | 6.562% | $6,451 | — |
| Nebraska | 2 | 6.688% | $6,590 | — |
| South Dakota | 1 | 7.625% | $8,959 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,488 | 6.875% | — | 51 | −$3,535 | |
| 2 | $4,309 | 6.688% | — | 40 | −$2,714 | |
| 3 | $4,477 | 6.875% | — | 44 | −$2,546 | |
| 4 | $4,722 | 6.625% | — | 55 | −$2,301 | |
| 5 | $4,772 | 6.875% | — | 151 | −$2,251 | |
| 6 | $4,773 | 6.875% | — | 40 | −$2,250 | |
| 7 | $5,388 | 6.990% | — | 64 | −$1,635 | |
| 8 | $5,710 | 6.750% | — | 40 | −$1,313 | |
| 9 | $6,010 | 6.625% | — | 64 | −$1,013 | |
| 10 | $6,210 | 6.500% | — | 43 | −$813 | |
| 11 | $6,505 | 6.625% | — | 38 | −$518 | |
| 12 | $6,621 | 6.562% | — | 44 | −$402 | |
| 13 | $6,644 | 6.688% | — | 42 | −$379 | |
| 14 | $7,201 | 6.625% | — | 67 | +$178 | |
| 15 | $7,370 | 6.625% | — | 44 | +$347 | |
| 16 | $7,844 | 6.625% | — | 59 | +$821 | |
| 17 | $9,378 | 6.625% | — | 43 | +$2,355 | |
| 18 | $9,435 | 6.375% | — | 64 | +$2,412 | |
| 19 | $9,797 | 6.500% | — | 71 | +$2,774 | |
| 20 | $12,660 | 6.125% | — | 40 | +$5,637 |
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 | Envoy Mortgage, LTD | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $335,000 | $335,000 | +$0 (+0.0%) |
| Median total closing costs | $7,023 | $7,127 | −$104 (−1.5%) |
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.