Purchase Originations
1,239
Ranked #317 nationally
Median Total Costs
$5,540
−17.1% vs national ($6,680)
↓ $358 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.115% vs prior year
Median Origination
$1,095
Median Lender Credits
$28
Cost Rank (500+ vol.)
#239
among lenders with 500+ originations
Denial Rate
10.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,098 | 6.375% | $5,229 | $1,095 |
| va | 100 | 5.990% | $8,239 | $1,095 |
| fha | 39 | 5.990% | $13,931 | $1,095 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,910 | 6.375% | — | 37 | −$1,630 | |
| 2 | $3,974 | 6.312% | — | 138 | −$1,566 | |
| 3 | $4,078 | 6.500% | — | 56 | −$1,462 | |
| 4 | $4,296 | 6.375% | — | 23 | −$1,244 | |
| 5 | $4,331 | 6.250% | — | 90 | −$1,209 | |
| 6 | $4,688 | 6.495% | — | 68 | −$852 | |
| 7 | $4,964 | 6.375% | — | 52 | −$576 | |
| 8 | $4,974 | 6.375% | — | 37 | −$566 | |
| 9 | $5,004 | 6.562% | — | 22 | −$536 | |
| 10 | $5,116 | 6.433% | — | 40 | −$424 | |
| 11 | $5,199 | 5.990% | — | 38 | −$341 | |
| 12 | $5,294 | 6.375% | — | 29 | −$246 | |
| 13 | $6,563 | 6.250% | — | 76 | +$1,023 | |
| 14 | $6,678 | 6.125% | — | 34 | +$1,138 | |
| 15 | $6,695 | 6.375% | — | 28 | +$1,155 | |
| 16 | $7,056 | 6.625% | — | 29 | +$1,516 | |
| 17 | $7,238 | 6.375% | — | 24 | +$1,698 | |
| 18 | $7,671 | 6.500% | — | 41 | +$2,131 | |
| 19 | $7,805 | 6.125% | — | 56 | +$2,265 | |
| 20 | $11,178 | 6.312% | — | 26 | +$5,638 |
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 Equity Mortgage Incorporated | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $485,000 | $335,000 | +$150,000 (+44.8%) |
| Median total closing costs | $5,540 | $7,127 | −$1,587 (−22.3%) |
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.