Purchase Originations
7,798
Ranked #55 nationally
Median Total Costs
$4,516
−32.4% vs national ($6,680)
↑ $120 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,295
Median Lender Credits
$886
Cost Rank (500+ vol.)
#150
among lenders with 500+ originations
Denial Rate
6.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 6,960 | 6.500% | $4,369 | $1,295 |
| fha | 593 | 6.250% | $7,268 | $1,295 |
| va | 204 | 5.990% | $3,981 | $495 |
| usda | 41 | 6.250% | $5,606 | $1,295 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 2,227 | 6.500% | $4,340 | #10 |
| Michigan | 986 | 6.500% | $3,714 | #17 |
| Indiana | 936 | 6.500% | $3,157 | #15 |
| Illinois | 886 | 6.495% | $6,350 | #25 |
| Florida | 645 | 6.375% | $6,391 | #71 |
| North Carolina | 537 | 6.250% | $4,307 | #52 |
| Kentucky | 469 | 6.375% | $4,094 | #21 |
| South Carolina | 449 | 6.125% | $5,314 | #38 |
| Georgia | 215 | 6.250% | $5,484 | #97 |
| Tennessee | 154 | 6.200% | $4,689 | #94 |
| Texas | 33 | 6.125% | $7,084 | — |
| West Virginia | 28 | 6.188% | $4,166 | — |
| California | 22 | 6.062% | $7,712 | — |
| Pennsylvania | 22 | 6.125% | $5,755 | — |
| Wisconsin | 19 | 6.500% | $3,246 | — |
| Colorado | 15 | 6.500% | $3,646 | — |
| Virginia | 15 | 6.375% | $5,301 | — |
| Alabama | 14 | 6.312% | $3,524 | — |
| Arizona | 12 | 6.125% | $5,929 | — |
| Missouri | 12 | 6.125% | $3,653 | — |
| New Jersey | 12 | 6.062% | $7,522 | — |
| Maryland | 8 | 6.562% | $4,801 | — |
| Mississippi | 8 | 6.933% | $3,666 | — |
| New York | 7 | 6.500% | $6,016 | — |
| Kansas | 6 | 6.250% | $3,182 | — |
| Minnesota | 6 | 5.933% | $4,360 | — |
| New Mexico | 6 | 6.375% | $5,045 | — |
| Oregon | 5 | 6.125% | $7,292 | — |
| Washington | 5 | 6.125% | $5,392 | — |
| Arkansas | 4 | 6.808% | $3,392 | — |
| Connecticut | 4 | 4.638% | $2,997 | — |
| Massachusetts | 4 | 6.250% | $4,675 | — |
| Nevada | 4 | 5.750% | $9,470 | — |
| District of Columbia | 3 | 6.500% | $7,089 | — |
| Louisiana | 3 | 6.750% | $2,532 | — |
| Montana | 3 | 6.250% | $6,026 | — |
| Oklahoma | 3 | 5.990% | $6,318 | — |
| Nebraska | 2 | 5.938% | $5,465 | — |
| Delaware | 1 | 6.625% | $4,868 | — |
| Hawaii | 1 | 6.500% | $5,718 | — |
| Iowa | 1 | 5.750% | $4,883 | — |
| Idaho | 1 | 5.750% | $0 | — |
| Maine | 1 | 6.375% | $3,080 | — |
| North Dakota | 1 | 6.625% | $4,391 | — |
| Rhode Island | 1 | 6.875% | $5,441 | — |
| Utah | 1 | 5.875% | $9,156 | — |
| Wyoming | 1 | 5.625% | $8,318 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,057 | 6.625% | — | 140 | −$1,459 | |
| 2 | $3,113 | 6.500% | — | 120 | −$1,403 | |
| 3 | $3,556 | 6.500% | — | 126 | −$960 | |
| 4 | $3,706 | 6.500% | — | 82 | −$810 | |
| 5 | $3,714 | 6.500% | — | 259 | −$802 | |
| 6 | $3,738 | 6.625% | — | 79 | −$778 | |
| 7 | $3,836 | 6.375% | — | 172 | −$680 | |
| 8 | $3,998 | 6.375% | — | 109 | −$518 | |
| 9 | $4,092 | 6.000% | — | 135 | −$424 | |
| 10 | $4,158 | 6.625% | — | 116 | −$358 | |
| 11 | $4,234 | 6.500% | — | 273 | −$282 | |
| 12 | $4,317 | 6.500% | — | 114 | −$199 | |
| 13 | $4,570 | 6.125% | — | 79 | +$54 | |
| 14 | $4,623 | 6.500% | — | 105 | +$107 | |
| 15 | $4,633 | 6.375% | — | 277 | +$117 | |
| 16 | $4,740 | 6.125% | — | 85 | +$224 | |
| 17 | $5,476 | 6.125% | — | 169 | +$960 | |
| 18 | $5,651 | 6.125% | — | 75 | +$1,135 | |
| 19 | $6,389 | 6.500% | — | 101 | +$1,873 | |
| 20 | $6,574 | 6.375% | — | 478 | +$2,058 |
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 | Fifth Third Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $295,000 | $335,000 | −$40,000 (−11.9%) |
| Median total closing costs | $4,516 | $7,127 | −$2,611 (−36.6%) |
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.