Purchase Originations
12,518
Ranked #32 nationally
Median Total Costs
$4,732
−29.2% vs national ($6,680)
↑ $310 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,268
Median Lender Credits
$500
Cost Rank (500+ vol.)
#170
among lenders with 500+ originations
Denial Rate
0.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 6,511 | 6.625% | $3,524 | $1,230 |
| fha | 3,687 | 6.500% | $7,905 | $1,697 |
| va | 1,362 | 6.500% | $6,504 | $1,525 |
| usda | 958 | 6.500% | $5,039 | $1,230 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Missouri | 5,742 | 6.625% | $4,326 | #1 |
| Illinois | 1,505 | 6.625% | $3,376 | #15 |
| Oklahoma | 1,255 | 6.490% | $7,121 | #6 |
| Arkansas | 1,162 | 6.490% | $5,839 | #3 |
| Kansas | 1,073 | 6.625% | $4,451 | #4 |
| Texas | 606 | 6.500% | $7,536 | #100 |
| Colorado | 250 | 6.250% | $7,334 | #64 |
| Iowa | 233 | 6.500% | $4,433 | #32 |
| Indiana | 216 | 6.625% | $3,775 | #78 |
| Nebraska | 207 | 6.625% | $3,673 | #26 |
| Tennessee | 79 | 6.375% | $8,274 | #141 |
| North Carolina | 36 | 6.375% | $8,236 | — |
| South Carolina | 33 | 6.500% | $5,214 | — |
| Florida | 24 | 6.558% | $5,833 | — |
| Georgia | 13 | 6.000% | $7,326 | — |
| Kentucky | 11 | 6.750% | $6,542 | — |
| Mississippi | 10 | 6.500% | $5,662 | — |
| Alabama | 9 | 6.500% | $3,766 | — |
| New Mexico | 8 | 6.625% | $4,937 | — |
| Louisiana | 7 | 6.990% | $4,912 | — |
| Wisconsin | 7 | 6.625% | $5,022 | — |
| Arizona | 6 | 6.625% | $6,172 | — |
| California | 4 | 6.500% | $10,724 | — |
| Washington | 4 | 6.000% | $19,853 | — |
| Michigan | 3 | 6.875% | $3,530 | — |
| Ohio | 3 | 6.500% | $3,849 | — |
| Virginia | 3 | 6.990% | $5,363 | — |
| Montana | 2 | 5.812% | $11,938 | — |
| Pennsylvania | 2 | 6.438% | $9,865 | — |
| South Dakota | 2 | 6.433% | $6,115 | — |
| Idaho | 1 | 6.125% | $4,172 | — |
| Minnesota | 1 | 6.375% | $4,175 | — |
| New Hampshire | 1 | 5.375% | $13,546 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,961 | 6.625% | — | 293 | −$1,771 | |
| 2 | $3,041 | 6.625% | — | 204 | −$1,691 | |
| 3 | $3,216 | 6.625% | — | 219 | −$1,516 | |
| 4 | $3,368 | 6.625% | — | 388 | −$1,364 | |
| 5 | $3,625 | 6.750% | — | 140 | −$1,107 | |
| 6 | $3,716 | 6.625% | — | 313 | −$1,016 | |
| 7 | $3,960 | 6.500% | — | 165 | −$772 | |
| 8 | $3,979 | 6.490% | — | 175 | −$753 | |
| 9 | $3,998 | 6.625% | — | 408 | −$734 | |
| 10 | $4,140 | 6.625% | — | 310 | −$592 | |
| 11 | $4,240 | 6.625% | — | 356 | −$492 | |
| 12 | $4,893 | 6.375% | — | 327 | +$161 | |
| 13 | $4,965 | 6.625% | — | 249 | +$233 | |
| 14 | $5,285 | 6.625% | — | 655 | +$553 | |
| 15 | $5,482 | 6.490% | — | 219 | +$750 | |
| 16 | $5,737 | 6.500% | — | 172 | +$1,005 | |
| 17 | $6,415 | 6.500% | — | 165 | +$1,683 | |
| 18 | $6,716 | 6.500% | — | 237 | +$1,984 | |
| 19 | $7,757 | 6.375% | — | 485 | +$3,025 | |
| 20 | $10,334 | 6.250% | — | 174 | +$5,602 |
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 | Flat Branch Mortgage, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $215,000 | $335,000 | −$120,000 (−35.8%) |
| Median total closing costs | $4,732 | $7,127 | −$2,395 (−33.6%) |
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.