Purchase Originations
194
Median Total Costs
$5,199
−22.2% vs national ($6,680)
↓ $368 vs prior year
Median Rate
6.688%
+3.0% vs national (6.490%)
↓ 0.302% vs prior year
Median Origination
$1,576
Median Lender Credits
$688
Denial Rate
0.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 176 | 6.750% | $5,199 | $1,576 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 194 | 6.688% | $5,199 | #84 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,558 | 6.870% | — | 2 | −$1,641 | |
| 2 | $3,991 | 6.625% | — | 1 | −$1,208 | |
| 3 | $4,323 | 6.990% | — | 1 | −$876 | |
| 4 | $4,400 | 6.250% | — | 1 | −$799 | |
| 5 | $4,403 | 6.875% | — | 1 | −$796 | |
| 6 | $4,616 | 7.375% | — | 1 | −$583 | |
| 7 | $4,628 | 6.625% | — | 9 | −$571 | |
| 8 | $4,901 | 6.875% | — | 1 | −$298 | |
| 9 | $4,960 | 6.125% | — | 14 | −$239 | |
| 10 | $5,018 | 7.125% | — | 1 | −$181 | |
| 11 | $5,123 | 6.990% | — | 1 | −$76 | |
| 12 | $5,164 | 6.933% | — | 6 | −$35 | |
| 13 | $5,206 | 6.870% | — | 16 | +$7 | |
| 14 | $5,320 | 6.625% | — | 119 | +$121 | |
| 15 | $5,350 | 6.933% | — | 12 | +$151 | |
| 16 | $6,043 | 7.125% | — | 1 | +$844 | |
| 17 | $6,131 | 6.562% | — | 2 | +$932 | |
| 18 | $6,218 | 7.058% | — | 2 | +$1,019 | |
| 19 | $6,478 | 6.933% | — | 2 | +$1,279 | |
| 20 | $7,996 | 6.375% | — | 1 | +$2,797 |
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 | Gray Fox Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $415,000 | $335,000 | +$80,000 (+23.9%) |
| Median total closing costs | $5,199 | $7,127 | −$1,928 (−27.1%) |
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.