Purchase Originations
360
Median Total Costs
$6,531
−2.2% vs national ($6,680)
↑ $954 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,295
Median Lender Credits
$179
Denial Rate
11.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 212 | 6.500% | $5,160 | $1,632 |
| fha | 139 | 6.124% | $8,224 | $1,295 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 314 | 6.332% | $6,310 | #70 |
| Missouri | 15 | 6.250% | $7,234 | — |
| New Jersey | 12 | 6.487% | $8,111 | — |
| Delaware | 10 | 6.062% | $10,611 | — |
| Illinois | 3 | 5.875% | $6,524 | — |
| Virginia | 2 | 6.250% | $9,064 | — |
| Florida | 1 | 5.875% | $4,346 | — |
| Maryland | 1 | 6.000% | $8,007 | — |
| North Carolina | 1 | 6.250% | $10,993 | — |
| New York | 1 | 7.000% | $7,301 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,842 | 6.475% | — | 7 | −$2,689 | |
| 2 | $4,282 | 6.463% | — | 6 | −$2,249 | |
| 3 | $4,599 | 6.500% | — | 4 | −$1,932 | |
| 4 | $4,717 | 6.375% | — | 15 | −$1,814 | |
| 5 | $4,915 | 6.500% | — | 28 | −$1,616 | |
| 6 | $5,204 | 6.375% | — | 4 | −$1,327 | |
| 7 | $5,529 | 6.375% | — | 54 | −$1,002 | |
| 8 | $5,786 | 6.500% | — | 15 | −$745 | |
| 9 | $6,010 | 6.525% | — | 9 | −$521 | |
| 10 | $6,161 | 6.188% | — | 4 | −$370 | |
| 11 | $6,763 | 6.250% | — | 5 | +$232 | |
| 12 | $7,347 | 6.125% | — | 93 | +$816 | |
| 13 | $7,347 | 6.338% | — | 8 | +$816 | |
| 14 | $8,367 | 6.312% | — | 4 | +$1,836 | |
| 15 | $8,926 | 6.187% | — | 10 | +$2,395 | |
| 16 | $9,213 | 6.188% | — | 8 | +$2,682 | |
| 17 | $9,263 | 6.120% | — | 4 | +$2,732 | |
| 18 | $10,033 | 6.250% | — | 6 | +$3,502 | |
| 19 | $10,183 | 6.400% | — | 6 | +$3,652 | |
| 20 | $12,384 | 6.000% | — | 7 | +$5,853 |
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 Heritage Financial, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $215,000 | $335,000 | −$120,000 (−35.8%) |
| Median total closing costs | $6,531 | $7,127 | −$596 (−8.4%) |
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.