Purchase Originations
192
Median Total Costs
$4,754
−28.8% vs national ($6,680)
↓ $338 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,350
Median Lender Credits
$150
Denial Rate
0.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 165 | 6.500% | $4,544 | $1,350 |
| fha | 20 | 6.433% | $8,654 | $1,350 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 151 | 6.500% | $4,851 | #124 |
| Maryland | 20 | 6.433% | $3,991 | — |
| California | 5 | 6.125% | $4,474 | — |
| Virginia | 5 | 5.990% | $4,336 | — |
| Florida | 3 | 6.625% | $5,014 | — |
| New Jersey | 3 | 6.625% | $7,962 | — |
| Texas | 3 | 6.490% | $3,469 | — |
| South Carolina | 2 | 6.250% | $3,867 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,113 | 6.500% | — | 2 | −$1,641 | |
| 2 | $3,166 | 6.808% | — | 2 | −$1,588 | |
| 3 | $3,938 | 6.433% | — | 2 | −$816 | |
| 4 | $3,991 | 6.500% | — | 4 | −$763 | |
| 5 | $4,036 | 6.000% | — | 1 | −$718 | |
| 6 | $4,087 | 6.500% | — | 1 | −$667 | |
| 7 | $4,362 | 5.875% | — | 3 | −$392 | |
| 8 | $4,377 | 6.125% | — | 1 | −$377 | |
| 9 | $4,447 | 6.000% | — | 5 | −$307 | |
| 10 | $4,474 | 5.625% | — | 1 | −$280 | |
| 11 | $4,495 | 6.490% | — | 11 | −$259 | |
| 12 | $4,652 | 5.938% | — | 2 | −$102 | |
| 13 | $4,815 | 6.625% | — | 5 | +$61 | |
| 14 | $4,886 | 6.500% | — | 91 | +$132 | |
| 15 | $4,905 | 6.625% | — | 24 | +$151 | |
| 16 | $5,014 | 6.625% | — | 1 | +$260 | |
| 17 | $5,216 | 6.875% | — | 11 | +$462 | |
| 18 | $7,171 | 6.125% | — | 1 | +$2,417 | |
| 19 | $7,207 | 6.875% | — | 1 | +$2,453 | |
| 20 | $17,940 | 6.500% | — | 1 | +$13,186 |
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 | Federated Mortgage Corp. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $260,000 | $335,000 | −$75,000 (−22.4%) |
| Median total closing costs | $4,754 | $7,127 | −$2,373 (−33.3%) |
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.