Purchase Originations
1,226
Ranked #324 nationally
Median Total Costs
$4,869
−27.1% vs national ($6,680)
↑ $45 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,500
Median Lender Credits
$695
Cost Rank (500+ vol.)
#183
among lenders with 500+ originations
Denial Rate
5.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,020 | 6.500% | $4,641 | $1,570 |
| fha | 138 | 6.250% | $7,229 | $1,395 |
| usda | 39 | 6.375% | $6,020 | $1,395 |
| va | 29 | 6.250% | $6,202 | $1,395 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 696 | 6.500% | $4,933 | #28 |
| Ohio | 504 | 6.500% | $4,709 | #50 |
| Kentucky | 12 | 6.500% | $4,005 | — |
| Florida | 3 | 6.250% | $5,710 | — |
| Indiana | 3 | 6.625% | $3,333 | — |
| Georgia | 2 | 6.438% | $10,493 | — |
| Kansas | 1 | 7.125% | $3,492 | — |
| Minnesota | 1 | 7.125% | $4,058 | — |
| North Carolina | 1 | 6.125% | $5,153 | — |
| Tennessee | 1 | 6.625% | $2,730 | — |
| Texas | 1 | 6.990% | $5,190 | — |
| West Virginia | 1 | 6.625% | $3,927 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,340 | 6.500% | — | 43 | −$529 | |
| 2 | $4,431 | 6.625% | — | 51 | −$438 | |
| 3 | $4,498 | 6.312% | — | 28 | −$371 | |
| 4 | $4,576 | 6.500% | — | 56 | −$293 | |
| 5 | $4,660 | 6.500% | — | 25 | −$209 | |
| 6 | $4,693 | 6.375% | — | 72 | −$176 | |
| 7 | $4,704 | 6.500% | — | 34 | −$165 | |
| 8 | $4,705 | 6.375% | — | 19 | −$164 | |
| 9 | $4,709 | 6.625% | — | 47 | −$160 | |
| 10 | $4,714 | 6.500% | — | 104 | −$155 | |
| 11 | $4,842 | 6.500% | — | 145 | −$27 | |
| 12 | $4,894 | 6.625% | — | 19 | +$25 | |
| 13 | $4,900 | 6.375% | — | 34 | +$31 | |
| 14 | $5,067 | 6.375% | — | 30 | +$198 | |
| 15 | $5,072 | 6.500% | — | 63 | +$203 | |
| 16 | $5,364 | 6.562% | — | 16 | +$495 | |
| 17 | $5,371 | 6.495% | — | 30 | +$502 | |
| 18 | $5,385 | 6.500% | — | 35 | +$516 | |
| 19 | $5,537 | 6.562% | — | 28 | +$668 | |
| 20 | $5,540 | 6.500% | — | 80 | +$671 |
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 Commonwealth Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $195,000 | $335,000 | −$140,000 (−41.8%) |
| Median total closing costs | $4,869 | $7,127 | −$2,258 (−31.7%) |
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.