Purchase Originations
350
Median Total Costs
$4,685
−29.9% vs national ($6,680)
↓ $124 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,035
Median Lender Credits
$1,095
Denial Rate
4.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 302 | 6.375% | $4,662 | $1,295 |
| va | 41 | 5.875% | $6,802 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Kansas | 59 | 6.625% | $2,484 | #93 |
| New York | 28 | 6.125% | $6,905 | — |
| Missouri | 22 | 6.375% | $3,218 | — |
| Washington | 21 | 6.375% | $4,962 | — |
| Florida | 19 | 6.375% | $5,764 | — |
| Texas | 19 | 6.250% | $5,794 | — |
| California | 18 | 6.490% | $7,054 | — |
| Virginia | 14 | 6.120% | $4,519 | — |
| Illinois | 11 | 5.990% | $6,454 | — |
| Oklahoma | 11 | 6.490% | $4,650 | — |
| Ohio | 10 | 6.433% | $4,431 | — |
| Tennessee | 10 | 6.188% | $4,473 | — |
| North Carolina | 8 | 6.433% | $4,268 | — |
| Massachusetts | 7 | 6.490% | $4,503 | — |
| Minnesota | 7 | 6.125% | $4,611 | — |
| Nevada | 7 | 6.250% | $4,982 | — |
| Colorado | 6 | 6.188% | $4,633 | — |
| Georgia | 6 | 6.240% | $4,724 | — |
| Idaho | 6 | 6.187% | $6,372 | — |
| Pennsylvania | 6 | 6.250% | $6,587 | — |
| Arizona | 5 | 6.375% | $12,347 | — |
| Alabama | 4 | 6.438% | $3,514 | — |
| New Jersey | 4 | 6.490% | $6,281 | — |
| Oregon | 4 | 6.183% | $3,801 | — |
| South Carolina | 4 | 6.125% | $4,659 | — |
| Arkansas | 3 | 5.990% | $4,038 | — |
| Connecticut | 3 | 6.625% | $6,704 | — |
| Indiana | 3 | 6.490% | $3,194 | — |
| Kentucky | 3 | 5.875% | $4,218 | — |
| New Hampshire | 3 | 6.125% | $4,472 | — |
| District of Columbia | 2 | 5.683% | $5,103 | — |
| Mississippi | 2 | 5.620% | $13,068 | — |
| Montana | 2 | 6.495% | $5,099 | — |
| Nebraska | 2 | 6.438% | $3,967 | — |
| Rhode Island | 2 | 6.058% | $6,739 | — |
| Utah | 2 | 6.490% | $4,157 | — |
| Wisconsin | 2 | 6.433% | $3,013 | — |
| Iowa | 1 | 6.500% | $3,870 | — |
| Louisiana | 1 | 6.375% | $5,393 | — |
| Michigan | 1 | 5.990% | $5,576 | — |
| New Mexico | 1 | 5.750% | $9,197 | — |
| Vermont | 1 | 5.990% | $14,199 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,645 | 6.750% | — | 6 | −$3,040 | |
| 2 | $1,995 | 6.750% | — | 15 | −$2,690 | |
| 3 | $2,436 | 6.625% | — | 12 | −$2,249 | |
| 4 | $2,926 | 6.562% | — | 4 | −$1,759 | |
| 5 | $3,065 | 6.433% | — | 16 | −$1,620 | |
| 6 | $3,271 | 6.490% | — | 5 | −$1,414 | |
| 7 | $3,298 | 6.058% | — | 4 | −$1,387 | |
| 8 | $4,080 | 6.490% | — | 5 | −$605 | |
| 9 | $4,503 | 6.375% | — | 3 | −$182 | |
| 10 | $4,630 | 6.433% | — | 4 | −$55 | |
| 11 | $4,874 | 6.433% | — | 4 | +$189 | |
| 12 | $5,233 | 6.250% | — | 12 | +$548 | |
| 13 | $5,884 | 6.312% | — | 4 | +$1,199 | |
| 14 | $5,893 | 6.375% | — | 5 | +$1,208 | |
| 15 | $5,921 | 6.250% | — | 3 | +$1,236 | |
| 16 | $6,052 | 6.375% | — | 3 | +$1,367 | |
| 17 | $6,662 | 6.125% | — | 7 | +$1,977 | |
| 18 | $7,724 | 6.250% | — | 5 | +$3,039 | |
| 19 | $8,222 | 6.375% | — | 3 | +$3,537 | |
| 20 | $11,100 | 5.938% | — | 4 | +$6,415 |
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 Bank & Trust | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $460,000 | $335,000 | +$125,000 (+37.3%) |
| Median total closing costs | $4,685 | $7,127 | −$2,442 (−34.3%) |
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.