Purchase Originations
3,189
Ranked #154 nationally
Median Total Costs
$5,490
−17.8% vs national ($6,680)
↑ $0 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,452
Median Lender Credits
$151
Cost Rank (500+ vol.)
#238
among lenders with 500+ originations
Denial Rate
39.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,236 | 6.625% | $4,733 | $1,521 |
| fha | 673 | 6.250% | $9,862 | $1,620 |
| va | 218 | 6.250% | $4,461 | $0 |
| usda | 62 | 6.500% | $7,481 | $2,227 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Tennessee | 1,891 | 6.500% | $5,626 | #7 |
| Alabama | 871 | 6.375% | $5,222 | #13 |
| Georgia | 253 | 6.500% | $5,650 | #84 |
| Kentucky | 55 | 6.990% | $4,955 | #111 |
| Mississippi | 29 | 7.840% | $5,322 | — |
| Florida | 23 | 6.625% | $5,376 | — |
| Louisiana | 8 | 6.375% | $9,484 | — |
| North Carolina | 6 | 6.562% | $4,289 | — |
| South Carolina | 6 | 6.625% | $6,914 | — |
| Texas | 6 | 6.688% | $6,764 | — |
| California | 3 | 5.990% | $10,691 | — |
| Illinois | 3 | 6.625% | $8,156 | — |
| Indiana | 3 | 6.125% | $3,414 | — |
| Michigan | 3 | 6.875% | $4,250 | — |
| Missouri | 3 | 6.875% | $4,312 | — |
| Ohio | 3 | 6.750% | $4,511 | — |
| Pennsylvania | 3 | 6.875% | $8,658 | — |
| Virginia | 3 | 6.125% | $9,584 | — |
| Washington | 3 | 6.375% | $10,208 | — |
| Wisconsin | 3 | 6.500% | $3,725 | — |
| Arkansas | 2 | 6.562% | $3,823 | — |
| Colorado | 2 | 6.750% | $3,979 | — |
| Kansas | 2 | 6.375% | $7,361 | — |
| Arizona | 1 | 5.750% | $7,556 | — |
| New York | 1 | 6.750% | $14,617 | — |
| Oregon | 1 | 6.750% | $5,423 | — |
| Utah | 1 | 6.875% | $3,624 | — |
| West Virginia | 1 | 6.500% | $7,697 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,419 | 6.750% | — | 33 | −$1,071 | |
| 2 | $4,466 | 6.624% | — | 52 | −$1,024 | |
| 3 | $4,576 | 6.625% | — | 47 | −$914 | |
| 4 | $4,731 | 6.375% | — | 211 | −$759 | |
| 5 | $4,783 | 6.625% | — | 244 | −$707 | |
| 6 | $4,910 | 6.375% | — | 156 | −$580 | |
| 7 | $5,101 | 6.433% | — | 148 | −$389 | |
| 8 | $5,141 | 6.500% | — | 69 | −$349 | |
| 9 | $5,353 | 6.500% | — | 99 | −$137 | |
| 10 | $5,395 | 6.500% | — | 133 | −$95 | |
| 11 | $5,441 | 6.500% | — | 83 | −$49 | |
| 12 | $5,574 | 6.250% | — | 60 | +$84 | |
| 13 | $5,739 | 6.562% | — | 80 | +$249 | |
| 14 | $5,852 | 6.500% | — | 40 | +$362 | |
| 15 | $5,925 | 6.500% | — | 33 | +$435 | |
| 16 | $5,998 | 6.500% | — | 266 | +$508 | |
| 17 | $6,014 | 6.500% | — | 197 | +$524 | |
| 18 | $6,441 | 6.500% | — | 48 | +$951 | |
| 19 | $6,974 | 6.312% | — | 48 | +$1,484 | |
| 20 | $7,471 | 6.500% | — | 46 | +$1,981 |
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 | FirstBank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $315,000 | $335,000 | −$20,000 (−6.0%) |
| Median total closing costs | $5,490 | $7,127 | −$1,637 (−23.0%) |
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.