Purchase Originations
1,187
Ranked #329 nationally
Median Total Costs
$1,898
−71.6% vs national ($6,680)
↑ $11 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$750
Median Lender Credits
$150
Cost Rank (500+ vol.)
#10
among lenders with 500+ originations
Denial Rate
0.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,187 | 6.000% | $1,898 | $750 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Iowa | 1,187 | 6.000% | $1,898 | #4 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,852 | 6.000% | — | 538 | −$46 | |
| 2 | $1,866 | 6.125% | — | 9 | −$32 | |
| 3 | $1,906 | 5.875% | — | 9 | +$8 | |
| 4 | $1,907 | 5.990% | — | 433 | +$9 | |
| 5 | $1,931 | 6.000% | — | 32 | +$33 | |
| 6 | $1,939 | 6.250% | — | 1 | +$41 | |
| 7 | $1,948 | 6.250% | — | 5 | +$50 | |
| 8 | $1,977 | 5.875% | — | 23 | +$79 | |
| 9 | $1,982 | 6.000% | — | 1 | +$84 | |
| 10 | $1,984 | 6.000% | — | 1 | +$86 | |
| 11 | $1,989 | 5.750% | — | 6 | +$91 | |
| 12 | $1,996 | 6.125% | — | 24 | +$98 | |
| 13 | $2,030 | 5.990% | — | 87 | +$132 | |
| 14 | $2,033 | 6.250% | — | 6 | +$135 | |
| 15 | $2,076 | 5.875% | — | 1 | +$178 | |
| 16 | $2,079 | 5.875% | — | 2 | +$181 | |
| 17 | $2,199 | 5.625% | — | 1 | +$301 | |
| 18 | $2,233 | 6.375% | — | 1 | +$335 | |
| 19 | $2,269 | 6.125% | — | 3 | +$371 | |
| 20 | $2,374 | 5.750% | — | 1 | +$476 |
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 | Hills Bank and Trust Company | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $1,898 | $7,127 | −$5,229 (−73.4%) |
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.