Purchase Originations
1,977
Ranked #225 nationally
Median Total Costs
$11,879
+77.8% vs national ($6,680)
↑ $424 vs prior year
Median Rate
8.875%
+36.8% vs national (6.490%)
↓ 0.575% vs prior year
Median Origination
$8,886
Median Lender Credits
$96
Cost Rank (500+ vol.)
#578
among lenders with 500+ originations
Denial Rate
7.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,977 | 8.875% | $11,879 | $8,886 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 184 | 9.000% | $11,735 | #110 |
| Texas | 148 | 9.000% | $11,636 | #235 |
| Illinois | 142 | 8.812% | $11,421 | #120 |
| Georgia | 132 | 8.875% | $12,039 | #124 |
| Maryland | 112 | 9.000% | $12,891 | #95 |
| California | 97 | 8.625% | $13,516 | #205 |
| Florida | 87 | 9.000% | $13,020 | #251 |
| Massachusetts | 87 | 8.990% | $16,102 | #97 |
| South Carolina | 87 | 9.125% | $12,363 | #128 |
| New Jersey | 81 | 8.900% | $13,018 | #119 |
| Virginia | 72 | 8.750% | $11,364 | #154 |
| Connecticut | 70 | 8.875% | $12,607 | #62 |
| Washington | 62 | 8.750% | $13,377 | #140 |
| New York | 61 | 8.750% | $20,026 | #143 |
| Tennessee | 61 | 8.740% | $11,013 | #168 |
| Michigan | 51 | 9.750% | $8,047 | #150 |
| Colorado | 45 | 8.750% | $13,158 | — |
| Alabama | 42 | 9.125% | $8,616 | — |
| Pennsylvania | 42 | 9.000% | $9,390 | — |
| Indiana | 39 | 9.000% | $7,994 | — |
| Kentucky | 39 | 8.740% | $9,316 | — |
| Louisiana | 35 | 9.240% | $9,258 | — |
| Oregon | 31 | 8.375% | $13,777 | — |
| Nevada | 27 | 8.750% | $12,107 | — |
| Ohio | 24 | 9.125% | $11,020 | — |
| Arizona | 22 | 9.125% | $11,812 | — |
| Kansas | 15 | 8.990% | $7,595 | — |
| Delaware | 13 | 8.625% | $12,551 | — |
| Utah | 12 | 8.750% | $13,325 | — |
| Missouri | 11 | 8.625% | $7,839 | — |
| Wisconsin | 8 | 9.183% | $8,412 | — |
| Idaho | 5 | 7.875% | $9,692 | — |
| Mississippi | 5 | 8.750% | $11,353 | — |
| New Hampshire | 5 | 9.250% | $9,558 | — |
| Minnesota | 4 | 9.870% | $10,109 | — |
| District of Columbia | 3 | 9.000% | $15,333 | — |
| Nebraska | 3 | 9.490% | $9,739 | — |
| Oklahoma | 3 | 8.500% | $8,480 | — |
| West Virginia | 3 | 9.000% | $11,343 | — |
| Maine | 2 | 8.562% | $10,421 | — |
| Arkansas | 1 | 11.750% | $5,711 | — |
| Iowa | 1 | 11.240% | $10,973 | — |
| Montana | 1 | 9.875% | $16,372 | — |
| New Mexico | 1 | 8.125% | $10,283 | — |
| Rhode Island | 1 | 8.250% | $15,115 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,502 | 9.245% | — | 18 | −$4,377 | |
| 2 | $7,711 | 9.125% | — | 17 | −$4,168 | |
| 3 | $10,008 | 8.933% | — | 42 | −$1,871 | |
| 4 | $11,238 | 8.875% | — | 21 | −$641 | |
| 5 | $11,424 | 8.750% | — | 25 | −$455 | |
| 6 | $11,655 | 8.750% | — | 78 | −$224 | |
| 7 | $12,198 | 8.875% | — | 24 | +$319 | |
| 8 | $12,328 | 8.875% | — | 22 | +$449 | |
| 9 | $12,649 | 9.125% | — | 17 | +$770 | |
| 10 | $12,702 | 9.125% | — | 17 | +$823 | |
| 11 | $13,063 | 8.775% | — | 36 | +$1,184 | |
| 12 | $13,347 | 8.875% | — | 17 | +$1,468 | |
| 13 | $13,465 | 8.312% | — | 16 | +$1,586 | |
| 14 | $13,568 | 8.938% | — | 16 | +$1,689 | |
| 15 | $13,682 | 8.875% | — | 17 | +$1,803 | |
| 16 | $13,732 | 8.750% | — | 29 | +$1,853 | |
| 17 | $14,025 | 8.990% | — | 17 | +$2,146 | |
| 18 | $14,031 | 9.125% | — | 23 | +$2,152 | |
| 19 | $16,659 | 9.125% | — | 22 | +$4,780 | |
| 20 | $21,687 | 8.750% | — | 21 | +$9,808 |
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 National Bank of America | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $11,879 | $7,127 | +$4,752 (+66.7%) |
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.