Purchase Originations
157
Median Total Costs
$2,232
−66.6% vs national ($6,680)
↑ $34 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.125% vs prior year
Median Origination
$1,050
Median Lender Credits
$119
Denial Rate
3.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 157 | 6.500% | $2,232 | $1,050 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,928 | 6.500% | — | 3 | −$304 | |
| 2 | $2,143 | 6.500% | — | 4 | −$89 | |
| 3 | $2,164 | 6.312% | — | 2 | −$68 | |
| 4 | $2,173 | 6.625% | — | 1 | −$59 | |
| 5 | $2,195 | 6.500% | — | 59 | −$37 | |
| 6 | $2,205 | 6.000% | — | 1 | −$27 | |
| 7 | $2,206 | 6.500% | — | 4 | −$26 | |
| 8 | $2,207 | 6.375% | — | 3 | −$25 | |
| 9 | $2,211 | 6.500% | — | 1 | −$21 | |
| 10 | $2,211 | 6.875% | — | 1 | −$21 | |
| 11 | $2,213 | 6.500% | — | 18 | −$19 | |
| 12 | $2,232 | 6.500% | — | 1 | +$0 | |
| 13 | $2,233 | 6.250% | — | 10 | +$1 | |
| 14 | $2,252 | 6.500% | — | 11 | +$20 | |
| 15 | $2,260 | 5.875% | — | 15 | +$28 | |
| 16 | $2,283 | 6.375% | — | 17 | +$51 | |
| 17 | $2,347 | 7.000% | — | 1 | +$115 | |
| 18 | $2,377 | 6.500% | — | 1 | +$145 | |
| 19 | $2,441 | 6.625% | — | 1 | +$209 | |
| 20 | $3,388 | 6.750% | — | 1 | +$1,156 |
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 State Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $2,232 | $7,127 | −$4,895 (−68.7%) |
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.