Purchase Originations
293
Median Total Costs
$4,274
−36.0% vs national ($6,680)
↑ $147 vs prior year
Median Rate
7.125%
+9.8% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$1,600
Median Lender Credits
$68
Denial Rate
7.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 293 | 7.125% | $4,274 | $1,600 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 226 | 7.125% | $4,173 | #73 |
| Tennessee | 54 | 7.000% | $4,436 | #180 |
| North Carolina | 9 | 7.000% | $5,775 | — |
| West Virginia | 2 | 7.188% | $3,539 | — |
| Kentucky | 1 | 7.000% | $3,142 | — |
| Ohio | 1 | 7.875% | $4,305 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,357 | 7.558% | — | 4 | −$1,917 | |
| 2 | $3,076 | 7.375% | — | 6 | −$1,198 | |
| 3 | $3,451 | 6.750% | — | 20 | −$823 | |
| 4 | $3,501 | 7.250% | — | 5 | −$773 | |
| 5 | $3,694 | 7.250% | — | 11 | −$580 | |
| 6 | $3,800 | 7.000% | — | 33 | −$474 | |
| 7 | $3,819 | 7.312% | — | 22 | −$455 | |
| 8 | $3,823 | 6.938% | — | 6 | −$451 | |
| 9 | $3,854 | 6.990% | — | 5 | −$420 | |
| 10 | $3,890 | 7.375% | — | 12 | −$384 | |
| 11 | $4,013 | 7.375% | — | 7 | −$261 | |
| 12 | $4,172 | 6.875% | — | 5 | −$102 | |
| 13 | $4,315 | 7.438% | — | 4 | +$41 | |
| 14 | $4,382 | 7.125% | — | 4 | +$108 | |
| 15 | $4,467 | 6.875% | — | 11 | +$193 | |
| 16 | $4,471 | 7.000% | — | 8 | +$197 | |
| 17 | $5,019 | 7.125% | — | 45 | +$745 | |
| 18 | $5,246 | 7.375% | — | 5 | +$972 | |
| 19 | $5,784 | 6.875% | — | 5 | +$1,510 | |
| 20 | $6,557 | 7.500% | — | 5 | +$2,283 |
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 Bancorp, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $4,274 | $7,127 | −$2,853 (−40.0%) |
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.