Purchase Originations
709
Ranked #499 nationally
Median Total Costs
$6,309
−5.5% vs national ($6,680)
↓ $18 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,590
Median Lender Credits
$820
Cost Rank (500+ vol.)
#310
among lenders with 500+ originations
Denial Rate
2.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 676 | 6.625% | $6,190 | $1,590 |
| fha | 32 | 6.433% | $15,014 | $1,590 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 428 | 6.624% | $6,337 | #53 |
| New Jersey | 186 | 6.688% | $6,119 | #70 |
| Florida | 56 | 6.750% | $7,422 | #308 |
| Texas | 10 | 6.625% | $5,657 | — |
| Connecticut | 8 | 6.625% | $5,408 | — |
| Pennsylvania | 5 | 6.624% | $5,977 | — |
| Maryland | 4 | 6.307% | $4,594 | — |
| California | 2 | 6.750% | $6,760 | — |
| Massachusetts | 2 | 6.740% | $4,899 | — |
| Ohio | 2 | 6.433% | $4,174 | — |
| Arizona | 1 | 6.990% | $6,135 | — |
| Colorado | 1 | 6.250% | $2,813 | — |
| Louisiana | 1 | 6.750% | $10,783 | — |
| Michigan | 1 | 6.375% | $4,076 | — |
| Minnesota | 1 | 6.990% | $4,168 | — |
| Virginia | 1 | 6.624% | $5,251 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,811 | 6.624% | — | 5 | −$1,498 | |
| 2 | $5,585 | 6.490% | — | 123 | −$724 | |
| 3 | $5,657 | 6.688% | — | 8 | −$652 | |
| 4 | $5,661 | 6.625% | — | 37 | −$648 | |
| 5 | $5,740 | 6.750% | — | 43 | −$569 | |
| 6 | $5,918 | 6.125% | — | 4 | −$391 | |
| 7 | $6,134 | 6.625% | — | 105 | −$175 | |
| 8 | $6,256 | 6.625% | — | 10 | −$53 | |
| 9 | $6,688 | 6.624% | — | 5 | +$379 | |
| 10 | $6,853 | 6.812% | — | 12 | +$544 | |
| 11 | $6,880 | 6.870% | — | 10 | +$571 | |
| 12 | $6,927 | 6.625% | — | 74 | +$618 | |
| 13 | $7,059 | 6.562% | — | 36 | +$750 | |
| 14 | $7,086 | 6.624% | — | 110 | +$777 | |
| 15 | $7,422 | 6.812% | — | 14 | +$1,113 | |
| 16 | $7,760 | 6.875% | — | 8 | +$1,451 | |
| 17 | $8,118 | 6.625% | — | 33 | +$1,809 | |
| 18 | $9,602 | 7.125% | — | 5 | +$3,293 | |
| 19 | $12,047 | 6.562% | — | 6 | +$5,738 | |
| 20 | $12,445 | 6.375% | — | 5 | +$6,136 |
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 | FM Home Loans, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $645,000 | $335,000 | +$310,000 (+92.5%) |
| Median total closing costs | $6,309 | $7,127 | −$818 (−11.5%) |
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.