Purchase Originations
304
Median Total Costs
$10,933
+63.7% vs national ($6,680)
↑ $191 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$4,198
Median Lender Credits
$906
Denial Rate
2.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 166 | 6.750% | $9,159 | $4,349 |
| fha | 89 | 6.250% | $13,601 | $3,909 |
| va | 47 | 6.125% | $10,375 | $4,567 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 292 | 6.500% | $11,144 | #161 |
| North Carolina | 2 | 6.438% | $14,136 | — |
| Arkansas | 1 | 6.750% | $1,716 | — |
| Colorado | 1 | 6.500% | $6,841 | — |
| Florida | 1 | 6.990% | $12,586 | — |
| Massachusetts | 1 | 6.990% | $7,296 | — |
| Maryland | 1 | 6.125% | $7,827 | — |
| Minnesota | 1 | 7.000% | $8,342 | — |
| Mississippi | 1 | 5.750% | $10,718 | — |
| Oregon | 1 | 6.250% | $3,249 | — |
| South Carolina | 1 | 6.250% | $12,791 | — |
| Virginia | 1 | 7.250% | $5,230 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,657 | 6.250% | — | 17 | −$5,276 | |
| 2 | $8,147 | 6.875% | — | 31 | −$2,786 | |
| 3 | $8,586 | 6.875% | — | 6 | −$2,347 | |
| 4 | $9,132 | 6.688% | — | 18 | −$1,801 | |
| 5 | $9,694 | 6.625% | — | 18 | −$1,239 | |
| 6 | $9,785 | 6.625% | — | 5 | −$1,148 | |
| 7 | $11,127 | 6.562% | — | 28 | +$194 | |
| 8 | $11,275 | 6.625% | — | 13 | +$342 | |
| 9 | $12,030 | 6.625% | — | 6 | +$1,097 | |
| 10 | $13,152 | 6.250% | — | 3 | +$2,219 | |
| 11 | $13,276 | 6.188% | — | 6 | +$2,343 | |
| 12 | $13,482 | 6.125% | — | 9 | +$2,549 | |
| 13 | $13,799 | 6.438% | — | 14 | +$2,866 | |
| 14 | $14,157 | 6.625% | — | 46 | +$3,224 | |
| 15 | $15,919 | 6.000% | — | 4 | +$4,986 | |
| 16 | $16,003 | 6.000% | — | 6 | +$5,070 | |
| 17 | $17,022 | 5.750% | — | 14 | +$6,089 | |
| 18 | $17,265 | 5.625% | — | 9 | +$6,332 | |
| 19 | $19,062 | 5.990% | — | 11 | +$8,129 | |
| 20 | $27,373 | 5.750% | — | 7 | +$16,440 |
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 Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $395,000 | $335,000 | +$60,000 (+17.9%) |
| Median total closing costs | $10,933 | $7,127 | +$3,806 (+53.4%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.