Purchase Originations
5,883
Ranked #78 nationally
Median Total Costs
$8,795
+31.7% vs national ($6,680)
↑ $464 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$3,924
Median Lender Credits
$1,089
Cost Rank (500+ vol.)
#487
among lenders with 500+ originations
Denial Rate
2.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,733 | 6.500% | $7,138 | $4,314 |
| fha | 1,679 | 6.250% | $14,057 | $4,290 |
| va | 387 | 6.250% | $7,057 | $1,095 |
| usda | 84 | 6.250% | $6,552 | $1,886 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Utah | 2,249 | 6.250% | $10,218 | #3 |
| Wisconsin | 548 | 6.500% | $5,462 | #29 |
| California | 504 | 6.490% | $9,825 | #76 |
| Idaho | 300 | 6.125% | $10,248 | #21 |
| New Jersey | 285 | 6.490% | $13,060 | #51 |
| Pennsylvania | 215 | 6.500% | $9,153 | #104 |
| Florida | 199 | 6.490% | $9,078 | #162 |
| Texas | 198 | 6.125% | $9,336 | #209 |
| Georgia | 151 | 6.250% | $7,781 | #117 |
| Alabama | 126 | 6.250% | $8,255 | #79 |
| Tennessee | 111 | 6.500% | $7,310 | #117 |
| Michigan | 101 | 6.500% | $5,251 | #110 |
| Ohio | 84 | 6.433% | $6,264 | #147 |
| Massachusetts | 82 | 6.500% | $8,517 | #102 |
| Nevada | 81 | 6.250% | $10,110 | #70 |
| Virginia | 68 | 6.375% | $8,050 | #157 |
| Mississippi | 66 | 6.500% | $6,474 | #55 |
| Connecticut | 51 | 6.500% | $9,495 | #74 |
| North Dakota | 51 | 6.375% | $8,732 | #31 |
| Arkansas | 46 | 6.125% | $3,821 | — |
| Oregon | 40 | 6.370% | $8,937 | — |
| North Carolina | 38 | 6.500% | $7,410 | — |
| Maryland | 37 | 6.250% | $9,201 | — |
| Oklahoma | 35 | 6.375% | $5,208 | — |
| Minnesota | 34 | 6.625% | $8,617 | — |
| Indiana | 24 | 6.250% | $5,677 | — |
| Colorado | 23 | 6.375% | $7,192 | — |
| Arizona | 20 | 6.500% | $7,981 | — |
| Illinois | 17 | 6.625% | $6,202 | — |
| South Carolina | 17 | 6.490% | $4,389 | — |
| Washington | 12 | 6.188% | $11,194 | — |
| New Hampshire | 10 | 6.688% | $3,650 | — |
| Delaware | 8 | 6.500% | $5,376 | — |
| West Virginia | 8 | 6.250% | $7,779 | — |
| Iowa | 6 | 6.125% | $5,698 | — |
| Kentucky | 6 | 6.375% | $9,381 | — |
| Nebraska | 5 | 6.125% | $8,317 | — |
| Rhode Island | 5 | 6.375% | $5,343 | — |
| Kansas | 4 | 6.625% | $6,220 | — |
| Louisiana | 4 | 6.688% | $8,105 | — |
| Missouri | 3 | 6.125% | $4,600 | — |
| Montana | 3 | 6.750% | $5,267 | — |
| Maine | 2 | 7.125% | $7,650 | — |
| New Mexico | 2 | 6.562% | $8,351 | — |
| Wyoming | 2 | 6.058% | $9,589 | — |
| South Dakota | 1 | 7.625% | $11,503 | — |
| Vermont | 1 | 6.625% | $20,894 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,593 | 6.812% | — | 48 | −$5,202 | |
| 2 | $3,720 | 6.500% | — | 73 | −$5,075 | |
| 3 | $5,272 | 6.438% | — | 40 | −$3,523 | |
| 4 | $6,045 | 6.375% | — | 166 | −$2,750 | |
| 5 | $6,743 | 6.624% | — | 153 | −$2,052 | |
| 6 | $7,408 | 6.250% | — | 131 | −$1,387 | |
| 7 | $8,132 | 6.250% | — | 53 | −$663 | |
| 8 | $8,324 | 6.250% | — | 114 | −$471 | |
| 9 | $8,952 | 6.125% | — | 65 | +$157 | |
| 10 | $9,056 | 6.250% | — | 67 | +$261 | |
| 11 | $9,087 | 6.250% | — | 51 | +$292 | |
| 12 | $9,286 | 6.375% | — | 39 | +$491 | |
| 13 | $10,669 | 6.375% | — | 37 | +$1,874 | |
| 14 | $10,733 | 6.250% | — | 92 | +$1,938 | |
| 15 | $10,886 | 6.125% | — | 64 | +$2,091 | |
| 16 | $11,193 | 6.125% | — | 1,116 | +$2,398 | |
| 17 | $11,240 | 6.250% | — | 516 | +$2,445 | |
| 18 | $11,376 | 6.250% | — | 49 | +$2,581 | |
| 19 | $13,069 | 6.500% | — | 125 | +$4,274 | |
| 20 | $15,550 | 6.250% | — | 37 | +$6,755 |
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 Colony Mortgage Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $385,000 | $335,000 | +$50,000 (+14.9%) |
| Median total closing costs | $8,795 | $7,127 | +$1,668 (+23.4%) |
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.