Purchase Originations
965
Ranked #388 nationally
Median Total Costs
$8,937
+33.8% vs national ($6,680)
↓ $200 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,424
Median Lender Credits
$1,053
Cost Rank (500+ vol.)
#495
among lenders with 500+ originations
Denial Rate
1.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 646 | 6.750% | $7,455 | $2,117 |
| fha | 255 | 6.250% | $16,680 | $4,065 |
| va | 64 | 6.250% | $6,631 | $720 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 897 | 6.625% | $9,131 | #44 |
| Arizona | 13 | 6.875% | $6,248 | — |
| Nevada | 12 | 6.562% | $8,174 | — |
| Texas | 10 | 6.495% | $6,435 | — |
| Tennessee | 8 | 6.990% | $7,535 | — |
| South Carolina | 5 | 6.990% | $13,827 | — |
| Idaho | 4 | 6.125% | $9,123 | — |
| New Mexico | 3 | 6.625% | $5,645 | — |
| Oregon | 3 | 7.125% | $7,655 | — |
| Florida | 2 | 7.250% | $10,649 | — |
| Colorado | 1 | 5.750% | $17,738 | — |
| Georgia | 1 | 6.250% | $18,866 | — |
| Illinois | 1 | 6.250% | $15,721 | — |
| Kentucky | 1 | 6.625% | $7,536 | — |
| Nebraska | 1 | 6.375% | $10,833 | — |
| Pennsylvania | 1 | 6.250% | $6,158 | — |
| Utah | 1 | 7.000% | $5,812 | — |
| Washington | 1 | 7.000% | $4,588 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,902 | 6.625% | — | 6 | −$3,035 | |
| 2 | $6,171 | 6.875% | — | 8 | −$2,766 | |
| 3 | $6,603 | 6.812% | — | 6 | −$2,334 | |
| 4 | $6,713 | 6.808% | — | 4 | −$2,224 | |
| 5 | $6,770 | 6.875% | — | 11 | −$2,167 | |
| 6 | $7,090 | 6.490% | — | 7 | −$1,847 | |
| 7 | $7,820 | 6.490% | — | 59 | −$1,117 | |
| 8 | $8,369 | 6.625% | — | 354 | −$568 | |
| 9 | $8,459 | 6.870% | — | 4 | −$478 | |
| 10 | $8,646 | 6.625% | — | 47 | −$291 | |
| 11 | $8,706 | 6.188% | — | 12 | −$231 | |
| 12 | $8,804 | 6.562% | — | 26 | −$133 | |
| 13 | $9,274 | 6.875% | — | 69 | +$337 | |
| 14 | $9,350 | 6.750% | — | 6 | +$413 | |
| 15 | $9,682 | 6.438% | — | 10 | +$745 | |
| 16 | $9,682 | 6.625% | — | 9 | +$745 | |
| 17 | $12,300 | 6.375% | — | 127 | +$3,363 | |
| 18 | $12,353 | 6.250% | — | 9 | +$3,416 | |
| 19 | $12,512 | 6.625% | — | 62 | +$3,575 | |
| 20 | $15,132 | 6.500% | — | 49 | +$6,195 |
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 | Franklin Loan Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $465,000 | $335,000 | +$130,000 (+38.8%) |
| Median total closing costs | $8,937 | $7,127 | +$1,810 (+25.4%) |
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.