Purchase Originations
113
Median Total Costs
$1,857
−72.2% vs national ($6,680)
Median Rate
7.990%
+23.1% vs national (6.490%)
Median Origination
$1,307
Median Lender Credits
—
Denial Rate
68.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 113 | 7.990% | $1,857 | $1,307 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 35 | 7.990% | $1,857 | — |
| Pennsylvania | 26 | 7.990% | $1,852 | — |
| New Jersey | 23 | 7.740% | $1,822 | — |
| Connecticut | 14 | 7.365% | $1,814 | — |
| Florida | 5 | 7.740% | $2,175 | — |
| South Carolina | 4 | 7.865% | $1,744 | — |
| Delaware | 3 | 7.990% | $462 | — |
| Colorado | 1 | 7.490% | $2,272 | — |
| Massachusetts | 1 | 8.240% | $1,930 | — |
| North Carolina | 1 | 7.740% | $1,758 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $462 | 7.990% | — | 3 | −$1,395 | |
| 2 | $1,233 | 7.240% | — | 3 | −$624 | |
| 3 | $1,432 | 7.240% | — | 5 | −$425 | |
| 4 | $1,606 | 7.490% | — | 3 | −$251 | |
| 5 | $1,702 | 7.740% | — | 3 | −$155 | |
| 6 | $1,717 | 7.740% | — | 3 | −$140 | |
| 7 | $1,784 | 7.865% | — | 6 | −$73 | |
| 8 | $1,835 | 8.240% | — | 3 | −$22 | |
| 9 | $1,852 | 7.990% | — | 5 | −$5 | |
| 10 | $1,857 | 7.990% | — | 5 | +$0 | |
| 11 | $1,857 | 7.990% | — | 4 | +$0 | |
| 12 | $1,857 | 7.740% | — | 3 | +$0 | |
| 13 | $1,904 | 8.365% | — | 4 | +$47 | |
| 14 | $1,921 | 7.365% | — | 6 | +$64 | |
| 15 | $1,980 | 8.410% | — | 4 | +$123 | |
| 16 | $1,982 | 7.740% | — | 3 | +$125 | |
| 17 | $1,994 | 7.365% | — | 4 | +$137 | |
| 18 | $2,102 | 8.740% | — | 3 | +$245 | |
| 19 | $2,233 | 8.115% | — | 2 | +$376 | |
| 20 | $2,508 | 7.740% | — | 3 | +$651 |
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 CREDIT CORPORATION OF NEW YORK, INC. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $85,000 | $335,000 | −$250,000 (−74.6%) |
| Median total closing costs | $1,857 | $7,127 | −$5,270 (−73.9%) |
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.