Purchase Originations
6,741
Ranked #66 nationally
Median Total Costs
$2,119
−68.3% vs national ($6,680)
↑ $17 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$725
Median Lender Credits
$683
Cost Rank (500+ vol.)
#13
among lenders with 500+ originations
Denial Rate
11.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 6,002 | 6.375% | $2,051 | $725 |
| fha | 463 | 6.124% | $6,310 | $725 |
| va | 253 | 5.875% | $3,511 | $725 |
| usda | 23 | 5.875% | $4,345 | $725 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Iowa | 4,447 | 6.250% | $1,949 | #1 |
| Illinois | 1,974 | 6.500% | $5,608 | #10 |
| Nebraska | 70 | 5.875% | $2,442 | #48 |
| Wisconsin | 65 | 6.250% | $3,243 | #122 |
| Colorado | 20 | 6.245% | $3,745 | — |
| Arizona | 19 | 6.250% | $5,021 | — |
| Minnesota | 16 | 6.438% | $4,169 | — |
| Indiana | 15 | 6.250% | $3,101 | — |
| Missouri | 13 | 6.375% | $3,347 | — |
| Florida | 12 | 6.308% | $4,592 | — |
| Ohio | 8 | 6.750% | $3,834 | — |
| Texas | 8 | 6.557% | $6,630 | — |
| Michigan | 7 | 6.625% | $3,967 | — |
| Tennessee | 6 | 6.500% | $5,280 | — |
| Alabama | 5 | 6.125% | $3,238 | — |
| Georgia | 5 | 6.250% | $5,403 | — |
| North Carolina | 5 | 6.250% | $2,275 | — |
| New Jersey | 4 | 6.500% | $5,300 | — |
| South Carolina | 4 | 6.188% | $7,225 | — |
| South Dakota | 4 | 6.683% | $8,695 | — |
| California | 3 | 5.750% | $14,117 | — |
| Kansas | 3 | 6.500% | $3,624 | — |
| Kentucky | 3 | 6.125% | $9,494 | — |
| New York | 3 | 6.250% | $6,362 | — |
| Pennsylvania | 3 | 6.490% | $7,996 | — |
| Connecticut | 2 | 6.750% | $5,015 | — |
| Montana | 2 | 6.495% | $3,542 | — |
| Oklahoma | 2 | 6.250% | $8,300 | — |
| Oregon | 2 | 6.375% | $4,948 | — |
| Rhode Island | 2 | 6.500% | $5,045 | — |
| Utah | 2 | 6.370% | $4,890 | — |
| Wyoming | 2 | 6.438% | $3,733 | — |
| Louisiana | 1 | 6.125% | $9,575 | — |
| Massachusetts | 1 | 7.250% | $5,029 | — |
| Mississippi | 1 | 6.000% | $4,894 | — |
| Virginia | 1 | 5.875% | $3,631 | — |
| Washington | 1 | 6.990% | $4,090 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,849 | 6.125% | — | 655 | −$270 | |
| 2 | $1,874 | 6.250% | — | 842 | −$245 | |
| 3 | $1,879 | 6.250% | — | 261 | −$240 | |
| 4 | $1,904 | 6.375% | — | 365 | −$215 | |
| 5 | $1,909 | 6.125% | — | 767 | −$210 | |
| 6 | $1,909 | 6.250% | — | 347 | −$210 | |
| 7 | $1,949 | 6.250% | — | 99 | −$170 | |
| 8 | $1,984 | 6.250% | — | 81 | −$135 | |
| 9 | $2,024 | 6.250% | — | 74 | −$95 | |
| 10 | $2,031 | 6.125% | — | 130 | −$88 | |
| 11 | $2,084 | 6.125% | — | 207 | −$35 | |
| 12 | $3,322 | 6.500% | — | 446 | +$1,203 | |
| 13 | $3,447 | 6.490% | — | 72 | +$1,328 | |
| 14 | $3,620 | 6.500% | — | 75 | +$1,501 | |
| 15 | $5,858 | 6.375% | — | 89 | +$3,739 | |
| 16 | $5,910 | 6.625% | — | 142 | +$3,791 | |
| 17 | $5,917 | 6.625% | — | 139 | +$3,798 | |
| 18 | $5,967 | 6.500% | — | 103 | +$3,848 | |
| 19 | $6,016 | 6.500% | — | 144 | +$3,897 | |
| 20 | $6,070 | 6.500% | — | 444 | +$3,951 |
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 | GREENSTATE Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $2,119 | $7,127 | −$5,008 (−70.3%) |
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.