Purchase Originations
266
Median Total Costs
$2,731
−59.1% vs national ($6,680)
↑ $260 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$250
Median Lender Credits
$33
Denial Rate
2.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 266 | 6.750% | $2,731 | $250 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,728 | 7.000% | — | 1 | −$1,003 | |
| 2 | $1,975 | 7.000% | — | 1 | −$756 | |
| 3 | $2,202 | 6.625% | — | 2 | −$529 | |
| 4 | $2,277 | 6.750% | — | 2 | −$454 | |
| 5 | $2,306 | 6.375% | — | 1 | −$425 | |
| 6 | $2,331 | 6.375% | — | 5 | −$400 | |
| 7 | $2,477 | 6.750% | — | 11 | −$254 | |
| 8 | $2,519 | 6.750% | — | 67 | −$212 | |
| 9 | $2,551 | 6.750% | — | 1 | −$180 | |
| 10 | $2,586 | 6.912% | — | 2 | −$145 | |
| 11 | $2,670 | 6.750% | — | 2 | −$61 | |
| 12 | $2,672 | 6.750% | — | 5 | −$59 | |
| 13 | $2,799 | 6.688% | — | 24 | +$68 | |
| 14 | $2,810 | 6.625% | — | 1 | +$79 | |
| 15 | $2,811 | 6.750% | — | 123 | +$80 | |
| 16 | $2,854 | 6.750% | — | 16 | +$123 | |
| 17 | $3,725 | 6.875% | — | 1 | +$994 | |
| 18 | $6,426 | 6.875% | — | 1 | +$3,695 |
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 | Great Midwest Bank, S.S.B. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $455,000 | $335,000 | +$120,000 (+35.8%) |
| Median total closing costs | $2,731 | $7,127 | −$4,396 (−61.7%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.