Purchase Originations
1,087
Ranked #351 nationally
Median Total Costs
$9,585
+43.5% vs national ($6,680)
↓ $167 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$3,789
Median Lender Credits
$115
Cost Rank (500+ vol.)
#527
among lenders with 500+ originations
Denial Rate
3.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 602 | 6.875% | $7,561 | $4,304 |
| fha | 427 | 6.500% | $12,018 | $3,589 |
| va | 45 | 6.625% | $5,156 | $1,595 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Georgia | 472 | 6.875% | $9,656 | #50 |
| Texas | 206 | 6.500% | $11,025 | #203 |
| Indiana | 134 | 6.625% | $7,120 | #109 |
| Florida | 69 | 6.625% | $10,572 | #276 |
| Louisiana | 54 | 6.625% | $7,491 | #77 |
| Nevada | 45 | 6.750% | $12,820 | — |
| Maryland | 31 | 6.750% | $11,143 | — |
| Missouri | 18 | 6.875% | $4,950 | — |
| Virginia | 16 | 6.750% | $10,621 | — |
| Tennessee | 8 | 6.938% | $7,063 | — |
| South Carolina | 7 | 9.375% | $9,617 | — |
| Illinois | 4 | 7.062% | $6,746 | — |
| Ohio | 4 | 7.188% | $5,916 | — |
| Alabama | 3 | 6.375% | $9,484 | — |
| Pennsylvania | 3 | 6.375% | $9,411 | — |
| West Virginia | 3 | 6.375% | $11,993 | — |
| District of Columbia | 2 | 7.000% | $17,731 | — |
| North Carolina | 2 | 6.125% | $6,571 | — |
| Arizona | 1 | 7.000% | $12,333 | — |
| California | 1 | 6.500% | $23,874 | — |
| Colorado | 1 | 6.875% | $4,046 | — |
| Michigan | 1 | 7.000% | $7,161 | — |
| Mississippi | 1 | 7.499% | $11,045 | — |
| Oklahoma | 1 | 7.125% | $5,248 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,467 | 6.625% | — | 52 | −$3,118 | |
| 2 | $6,626 | 6.875% | — | 10 | −$2,959 | |
| 3 | $7,789 | 6.750% | — | 23 | −$1,796 | |
| 4 | $7,935 | 7.250% | — | 9 | −$1,650 | |
| 5 | $7,943 | 6.625% | — | 14 | −$1,642 | |
| 6 | $8,276 | 6.625% | — | 55 | −$1,309 | |
| 7 | $8,409 | 6.875% | — | 40 | −$1,176 | |
| 8 | $9,013 | 6.625% | — | 23 | −$572 | |
| 9 | $9,297 | 6.750% | — | 15 | −$288 | |
| 10 | $9,748 | 6.750% | — | 12 | +$163 | |
| 11 | $9,954 | 7.125% | — | 15 | +$369 | |
| 12 | $10,247 | 6.875% | — | 165 | +$662 | |
| 13 | $10,317 | 7.125% | — | 15 | +$732 | |
| 14 | $10,414 | 6.625% | — | 9 | +$829 | |
| 15 | $10,615 | 6.750% | — | 12 | +$1,030 | |
| 16 | $10,813 | 6.875% | — | 27 | +$1,228 | |
| 17 | $11,258 | 6.562% | — | 16 | +$1,673 | |
| 18 | $11,719 | 6.125% | — | 88 | +$2,134 | |
| 19 | $12,113 | 7.249% | — | 11 | +$2,528 | |
| 20 | $12,820 | 6.750% | — | 45 | +$3,235 |
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 Option Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $305,000 | $335,000 | −$30,000 (−9.0%) |
| Median total closing costs | $9,585 | $7,127 | +$2,458 (+34.5%) |
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.