Purchase Originations
926
Ranked #402 nationally
Median Total Costs
$9,086
+36.0% vs national ($6,680)
↑ $703 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.625% vs prior year
Median Origination
$3,639
Median Lender Credits
$68
Cost Rank (500+ vol.)
#504
among lenders with 500+ originations
Denial Rate
16.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 491 | 5.750% | $9,370 | $3,378 |
| conventional | 289 | 6.875% | $8,978 | $4,335 |
| va | 87 | 5.750% | $8,300 | $3,600 |
| usda | 59 | 5.750% | $7,910 | $3,447 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Puerto Rico | 766 | 6.000% | $8,588 | #4 |
| Florida | 160 | 6.625% | $12,088 | #181 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,829 | 6.125% | — | 14 | −$2,257 | |
| 2 | $6,983 | 5.750% | — | 54 | −$2,103 | |
| 3 | $7,882 | 6.000% | — | 24 | −$1,204 | |
| 4 | $8,000 | 5.750% | — | 10 | −$1,086 | |
| 5 | $8,331 | 6.625% | — | 29 | −$755 | |
| 6 | $8,351 | 6.000% | — | 94 | −$735 | |
| 7 | $8,476 | 6.000% | — | 13 | −$610 | |
| 8 | $8,638 | 6.125% | — | 20 | −$448 | |
| 9 | $8,872 | 6.000% | — | 17 | −$214 | |
| 10 | $8,974 | 6.250% | — | 23 | −$112 | |
| 11 | $9,108 | 6.250% | — | 66 | +$22 | |
| 12 | $9,159 | 6.250% | — | 81 | +$73 | |
| 13 | $9,333 | 6.500% | — | 25 | +$247 | |
| 14 | $11,237 | 6.500% | — | 23 | +$2,151 | |
| 15 | $11,665 | 6.625% | — | 29 | +$2,579 | |
| 16 | $12,428 | 5.750% | — | 28 | +$3,342 | |
| 17 | $12,864 | 5.750% | — | 64 | +$3,778 | |
| 18 | $12,924 | 6.625% | — | 51 | +$3,838 | |
| 19 | $13,668 | 6.595% | — | 16 | +$4,582 | |
| 20 | $22,479 | 6.000% | — | 11 | +$13,393 |
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 Bankers, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $175,000 | $335,000 | −$160,000 (−47.8%) |
| Median total closing costs | $9,086 | $7,127 | +$1,959 (+27.5%) |
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.