Purchase Originations
160
Median Total Costs
$4,446
−33.4% vs national ($6,680)
↓ $2 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,174
Median Lender Credits
$6
Denial Rate
2.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 98 | 6.688% | $3,944 | $1,174 |
| fha | 42 | 6.250% | $6,067 | $1,037 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,638 | 7.312% | — | 2 | −$2,808 | |
| 2 | $2,996 | 7.562% | — | 2 | −$1,450 | |
| 3 | $3,242 | 7.000% | — | 1 | −$1,204 | |
| 4 | $3,798 | 6.125% | — | 1 | −$648 | |
| 5 | $3,836 | 6.875% | — | 12 | −$610 | |
| 6 | $3,890 | 6.500% | — | 3 | −$556 | |
| 7 | $3,900 | 6.875% | — | 1 | −$546 | |
| 8 | $4,016 | 6.625% | — | 5 | −$430 | |
| 9 | $4,344 | 6.433% | — | 38 | −$102 | |
| 10 | $4,384 | 6.375% | — | 53 | −$62 | |
| 11 | $4,456 | 6.750% | — | 11 | +$10 | |
| 12 | $4,540 | 7.375% | — | 1 | +$94 | |
| 13 | $4,595 | 7.000% | — | 2 | +$149 | |
| 14 | $4,666 | 6.990% | — | 1 | +$220 | |
| 15 | $4,692 | 6.062% | — | 2 | +$246 | |
| 16 | $4,706 | 6.990% | — | 1 | +$260 | |
| 17 | $5,456 | 6.500% | — | 1 | +$1,010 | |
| 18 | $5,807 | 6.500% | — | 5 | +$1,361 | |
| 19 | $6,358 | 6.125% | — | 7 | +$1,912 | |
| 20 | $7,590 | 6.250% | — | 1 | +$3,144 |
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 | F&M Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $4,446 | $7,127 | −$2,681 (−37.6%) |
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.