Purchase Originations
333
Median Total Costs
$6,106
−8.6% vs national ($6,680)
↑ $326 vs prior year
Median Rate
6.950%
+7.1% vs national (6.490%)
↓ 0.300% vs prior year
Median Origination
$2,245
Median Lender Credits
$140
Denial Rate
2.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 333 | 6.950% | $6,106 | $2,245 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 247 | 7.000% | $5,769 | #76 |
| New Jersey | 30 | 6.775% | $8,348 | — |
| Massachusetts | 13 | 6.750% | $6,285 | — |
| Connecticut | 11 | 7.250% | $6,106 | — |
| Vermont | 11 | 7.250% | $4,930 | — |
| New Hampshire | 10 | 6.825% | $5,316 | — |
| Maine | 7 | 6.850% | $3,330 | — |
| Pennsylvania | 2 | 6.400% | $6,940 | — |
| Rhode Island | 2 | 6.675% | $7,470 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,857 | 6.925% | — | 6 | −$2,249 | |
| 2 | $4,438 | 6.900% | — | 8 | −$1,668 | |
| 3 | $4,495 | 7.250% | — | 11 | −$1,611 | |
| 4 | $4,589 | 6.875% | — | 10 | −$1,517 | |
| 5 | $4,630 | 6.725% | — | 14 | −$1,476 | |
| 6 | $4,672 | 6.750% | — | 8 | −$1,434 | |
| 7 | $4,673 | 6.950% | — | 7 | −$1,433 | |
| 8 | $5,052 | 6.900% | — | 6 | −$1,054 | |
| 9 | $5,125 | 7.250% | — | 7 | −$981 | |
| 10 | $5,215 | 7.250% | — | 11 | −$891 | |
| 11 | $5,226 | 6.900% | — | 7 | −$880 | |
| 12 | $5,315 | 7.000% | — | 9 | −$791 | |
| 13 | $6,188 | 7.250% | — | 10 | +$82 | |
| 14 | $6,296 | 7.150% | — | 27 | +$190 | |
| 15 | $6,780 | 7.000% | — | 6 | +$674 | |
| 16 | $6,902 | 7.125% | — | 8 | +$796 | |
| 17 | $7,573 | 7.250% | — | 7 | +$1,467 | |
| 18 | $7,928 | 7.125% | — | 8 | +$1,822 | |
| 19 | $8,069 | 7.050% | — | 8 | +$1,963 | |
| 20 | $9,227 | 6.700% | — | 6 | +$3,121 |
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 | Farm Credit East, ACA | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $315,000 | $335,000 | −$20,000 (−6.0%) |
| Median total closing costs | $6,106 | $7,127 | −$1,021 (−14.3%) |
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.