Purchase Originations
307
Median Total Costs
$5,566
−16.7% vs national ($6,680)
↑ $414 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,280
Median Lender Credits
$118
Denial Rate
6.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 290 | 6.500% | $5,457 | $1,318 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 260 | 6.490% | $5,467 | #85 |
| West Virginia | 25 | 6.500% | $5,928 | — |
| Maryland | 19 | 6.500% | $6,703 | — |
| Virginia | 2 | 7.188% | $6,509 | — |
| South Carolina | 1 | 5.490% | $11,913 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,355 | 6.750% | — | 3 | −$1,211 | |
| 2 | $4,853 | 6.688% | — | 16 | −$713 | |
| 3 | $4,872 | 6.625% | — | 5 | −$694 | |
| 4 | $5,085 | 6.750% | — | 4 | −$481 | |
| 5 | $5,106 | 6.490% | — | 91 | −$460 | |
| 6 | $5,180 | 6.000% | — | 7 | −$386 | |
| 7 | $5,211 | 6.500% | — | 3 | −$355 | |
| 8 | $5,386 | 6.625% | — | 16 | −$180 | |
| 9 | $5,408 | 6.312% | — | 4 | −$158 | |
| 10 | $5,541 | 6.490% | — | 50 | −$25 | |
| 11 | $5,803 | 6.625% | — | 3 | +$237 | |
| 12 | $5,823 | 6.250% | — | 3 | +$257 | |
| 13 | $5,890 | 6.375% | — | 17 | +$324 | |
| 14 | $5,961 | 6.375% | — | 8 | +$395 | |
| 15 | $6,103 | 6.375% | — | 5 | +$537 | |
| 16 | $6,217 | 6.500% | — | 16 | +$651 | |
| 17 | $6,916 | 6.433% | — | 26 | +$1,350 | |
| 18 | $7,870 | 6.500% | — | 3 | +$2,304 | |
| 19 | $8,150 | 6.683% | — | 4 | +$2,584 | |
| 20 | $9,707 | 6.562% | — | 4 | +$4,141 |
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 | Farmers and Merchants Trust Company of Chambersburg | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $305,000 | $335,000 | −$30,000 (−9.0%) |
| Median total closing costs | $5,566 | $7,127 | −$1,561 (−21.9%) |
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.