Purchase Originations
115
Median Total Costs
$2,802
−58.0% vs national ($6,680)
↓ $280 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↑ 0.125% vs prior year
Median Origination
$895
Median Lender Credits
$74
Denial Rate
2.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 59 | 6.000% | $6,589 | $895 |
| conventional | 56 | 6.875% | $2,335 | $895 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $993 | 7.000% | — | 1 | −$1,809 | |
| 2 | $1,478 | 7.062% | — | 8 | −$1,324 | |
| 3 | $1,856 | 6.750% | — | 1 | −$946 | |
| 4 | $2,057 | 8.250% | — | 11 | −$745 | |
| 5 | $2,222 | 6.875% | — | 2 | −$580 | |
| 6 | $2,517 | 7.875% | — | 1 | −$285 | |
| 7 | $2,684 | 7.440% | — | 7 | −$118 | |
| 8 | $2,794 | 6.000% | — | 5 | −$8 | |
| 9 | $4,322 | 6.125% | — | 57 | +$1,520 | |
| 10 | $5,508 | 5.875% | — | 22 | +$2,706 |
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 | Exchange Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $225,000 | $335,000 | −$110,000 (−32.8%) |
| Median total closing costs | $2,802 | $7,127 | −$4,325 (−60.7%) |
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.