Purchase Originations
194
Median Total Costs
$20,686
+209.7% vs national ($6,680)
↑ $121 vs prior year
Median Rate
7.375%
+13.6% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$15,095
Median Lender Credits
$3,079
Denial Rate
3.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 194 | 7.375% | $20,686 | $15,095 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 103 | 7.250% | $23,901 | #195 |
| Florida | 27 | 7.500% | $22,958 | — |
| Texas | 13 | 7.250% | $15,244 | — |
| Arizona | 10 | 7.058% | $18,450 | — |
| Colorado | 6 | 7.120% | $12,424 | — |
| Georgia | 6 | 7.438% | $28,484 | — |
| Utah | 4 | 7.745% | $15,314 | — |
| Washington | 4 | 7.620% | $18,102 | — |
| Hawaii | 3 | 6.990% | $25,145 | — |
| Idaho | 3 | 7.250% | $29,198 | — |
| North Carolina | 3 | 7.375% | $15,500 | — |
| Nevada | 3 | 7.990% | $17,196 | — |
| South Carolina | 3 | 7.750% | $13,092 | — |
| Illinois | 2 | 7.625% | $15,482 | — |
| Tennessee | 2 | 7.688% | $39,420 | — |
| Maryland | 1 | 7.375% | $16,196 | — |
| Oregon | 1 | 6.990% | $17,839 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $12,726 | 8.058% | — | 2 | −$7,960 | |
| 2 | $13,260 | 7.938% | — | 2 | −$7,426 | |
| 3 | $15,244 | 7.375% | — | 3 | −$5,442 | |
| 4 | $15,611 | 6.990% | — | 3 | −$5,075 | |
| 5 | $17,196 | 7.990% | — | 3 | −$3,490 | |
| 6 | $18,554 | 8.495% | — | 2 | −$2,132 | |
| 7 | $18,960 | 6.990% | — | 9 | −$1,726 | |
| 8 | $20,414 | 7.312% | — | 10 | −$272 | |
| 9 | $20,529 | 7.370% | — | 8 | −$157 | |
| 10 | $23,901 | 7.375% | — | 35 | +$3,215 | |
| 11 | $25,145 | 6.990% | — | 3 | +$4,459 | |
| 12 | $26,682 | 7.250% | — | 33 | +$5,996 | |
| 13 | $28,237 | 6.990% | — | 13 | +$7,551 | |
| 14 | $31,442 | 6.875% | — | 3 | +$10,756 | |
| 15 | $32,105 | 7.250% | — | 3 | +$11,419 | |
| 16 | $34,368 | 7.562% | — | 2 | +$13,682 | |
| 17 | $38,650 | 7.250% | — | 2 | +$17,964 | |
| 18 | $39,420 | 7.688% | — | 2 | +$18,734 | |
| 19 | $56,265 | 7.688% | — | 6 | +$35,579 | |
| 20 | $67,952 | 8.490% | — | 2 | +$47,266 |
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 | Fundloans Capital | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $870,000 | $335,000 | +$535,000 (+159.7%) |
| Median total closing costs | $20,686 | $7,127 | +$13,559 (+190.2%) |
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.