Purchase Originations
116
Median Total Costs
$5,569
−16.6% vs national ($6,680)
↑ $165 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↑ 0.250% vs prior year
Median Origination
$1,025
Median Lender Credits
$58
Denial Rate
6.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 115 | 6.000% | $5,505 | $1,025 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 91 | 5.875% | $6,020 | #242 |
| South Carolina | 16 | 6.250% | $4,655 | — |
| Georgia | 5 | 5.875% | $4,223 | — |
| North Carolina | 2 | 6.188% | $5,363 | — |
| Alabama | 1 | 5.625% | $3,434 | — |
| Tennessee | 1 | 6.625% | $2,345 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,434 | 5.625% | — | 1 | −$2,135 | |
| 2 | $3,904 | 6.000% | — | 2 | −$1,665 | |
| 3 | $4,412 | 6.125% | — | 5 | −$1,157 | |
| 4 | $4,574 | 6.312% | — | 6 | −$995 | |
| 5 | $4,709 | 5.750% | — | 13 | −$860 | |
| 6 | $4,753 | 6.250% | — | 1 | −$816 | |
| 7 | $4,782 | 5.750% | — | 2 | −$787 | |
| 8 | $5,114 | 6.125% | — | 1 | −$455 | |
| 9 | $5,388 | 6.312% | — | 2 | −$181 | |
| 10 | $5,634 | 6.000% | — | 25 | +$65 | |
| 11 | $6,186 | 5.875% | — | 26 | +$617 | |
| 12 | $6,213 | 6.125% | — | 1 | +$644 | |
| 13 | $6,320 | 6.062% | — | 6 | +$751 | |
| 14 | $6,324 | 6.250% | — | 1 | +$755 | |
| 15 | $6,645 | 6.250% | — | 3 | +$1,076 | |
| 16 | $6,867 | 6.125% | — | 2 | +$1,298 | |
| 17 | $6,880 | 6.125% | — | 1 | +$1,311 | |
| 18 | $7,426 | 5.625% | — | 1 | +$1,857 | |
| 19 | $8,770 | 6.250% | — | 2 | +$3,201 | |
| 20 | $8,899 | 6.375% | — | 1 | +$3,330 |
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 | Grow Financial Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $310,000 | $335,000 | −$25,000 (−7.5%) |
| Median total closing costs | $5,569 | $7,127 | −$1,558 (−21.9%) |
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.