Purchase Originations
905
Ranked #405 nationally
Median Total Costs
$6,204
−7.1% vs national ($6,680)
↓ $228 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$2,245
Median Lender Credits
$110
Cost Rank (500+ vol.)
#297
among lenders with 500+ originations
Denial Rate
9.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 328 | 6.625% | $8,663 | $2,955 |
| conventional | 310 | 6.875% | $4,090 | $1,492 |
| usda | 215 | 6.625% | $5,820 | $2,547 |
| va | 52 | 6.500% | $2,835 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Missouri | 259 | 6.625% | $6,449 | #45 |
| Illinois | 173 | 6.750% | $3,891 | #109 |
| Iowa | 163 | 6.625% | $6,166 | #41 |
| Pennsylvania | 91 | 6.625% | $7,939 | #167 |
| Indiana | 60 | 6.750% | $6,664 | #160 |
| Colorado | 32 | 6.500% | $4,928 | — |
| Minnesota | 20 | 6.500% | $7,647 | — |
| Montana | 20 | 6.875% | $5,853 | — |
| Texas | 19 | 6.625% | $12,153 | — |
| Arkansas | 15 | 6.375% | $4,433 | — |
| Wyoming | 12 | 6.688% | $7,273 | — |
| South Dakota | 9 | 6.500% | $8,036 | — |
| New Mexico | 6 | 6.250% | $8,548 | — |
| California | 5 | 7.200% | $7,341 | — |
| Nebraska | 5 | 6.625% | $2,752 | — |
| Georgia | 2 | 7.250% | $5,271 | — |
| Kansas | 2 | 6.875% | $5,530 | — |
| Mississippi | 2 | 6.375% | $9,379 | — |
| Tennessee | 2 | 6.688% | $5,014 | — |
| Wisconsin | 2 | 6.500% | $3,367 | — |
| Arizona | 1 | 6.250% | $3,728 | — |
| North Carolina | 1 | 6.250% | $12,802 | — |
| North Dakota | 1 | 7.375% | $3,240 | — |
| Nevada | 1 | 6.250% | $17,190 | — |
| Ohio | 1 | 6.750% | $6,895 | — |
| South Carolina | 1 | 6.500% | $24,507 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,218 | 7.000% | — | 21 | −$3,986 | |
| 2 | $2,366 | 7.000% | — | 17 | −$3,838 | |
| 3 | $2,430 | 7.000% | — | 14 | −$3,774 | |
| 4 | $3,692 | 6.750% | — | 13 | −$2,512 | |
| 5 | $4,264 | 6.625% | — | 35 | −$1,940 | |
| 6 | $5,185 | 6.562% | — | 12 | −$1,019 | |
| 7 | $5,465 | 7.000% | — | 12 | −$739 | |
| 8 | $5,765 | 6.875% | — | 14 | −$439 | |
| 9 | $6,014 | 6.875% | — | 19 | −$190 | |
| 10 | $6,109 | 7.125% | — | 28 | −$95 | |
| 11 | $6,277 | 6.625% | — | 34 | +$73 | |
| 12 | $6,283 | 6.875% | — | 13 | +$79 | |
| 13 | $6,768 | 6.750% | — | 53 | +$564 | |
| 14 | $7,243 | 6.625% | — | 18 | +$1,039 | |
| 15 | $7,477 | 6.625% | — | 22 | +$1,273 | |
| 16 | $7,482 | 6.625% | — | 11 | +$1,278 | |
| 17 | $7,601 | 6.875% | — | 17 | +$1,397 | |
| 18 | $7,795 | 6.625% | — | 30 | +$1,591 | |
| 19 | $7,917 | 6.375% | — | 17 | +$1,713 | |
| 20 | $8,417 | 6.750% | — | 77 | +$2,213 |
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 | Flanagan State Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $175,000 | $335,000 | −$160,000 (−47.8%) |
| Median total closing costs | $6,204 | $7,127 | −$923 (−13.0%) |
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.