Purchase Originations
144
Median Total Costs
$4,404
−34.1% vs national ($6,680)
Median Rate
6.490%
+0.0% vs national (6.490%)
Median Origination
$1,050
Median Lender Credits
$57
Denial Rate
1.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 76 | 6.750% | $4,059 | $1,050 |
| fha | 52 | 6.125% | $6,430 | $0 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,601 | 6.375% | — | 2 | −$2,803 | |
| 2 | $3,326 | 5.875% | — | 1 | −$1,078 | |
| 3 | $3,383 | 6.312% | — | 2 | −$1,021 | |
| 4 | $3,446 | 6.375% | — | 1 | −$958 | |
| 5 | $4,188 | 6.500% | — | 45 | −$216 | |
| 6 | $4,339 | 6.125% | — | 1 | −$65 | |
| 7 | $4,356 | 6.500% | — | 9 | −$48 | |
| 8 | $4,497 | 6.625% | — | 1 | +$93 | |
| 9 | $4,804 | 6.433% | — | 8 | +$400 | |
| 10 | $4,808 | 6.875% | — | 3 | +$404 | |
| 11 | $4,820 | 6.375% | — | 59 | +$416 | |
| 12 | $4,943 | 6.250% | — | 7 | +$539 | |
| 13 | $5,468 | 6.750% | — | 1 | +$1,064 | |
| 14 | $5,796 | 7.375% | — | 1 | +$1,392 | |
| 15 | $5,810 | 6.625% | — | 1 | +$1,406 | |
| 16 | $7,511 | 6.062% | — | 2 | +$3,107 |
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 | First American Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $4,404 | $7,127 | −$2,723 (−38.2%) |
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.