Purchase Originations
816
Ranked #446 nationally
Median Total Costs
$15,072
+125.6% vs national ($6,680)
↑ $491 vs prior year
Median Rate
6.875%
+5.9% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$8,059
Median Lender Credits
$2,125
Cost Rank (500+ vol.)
#608
among lenders with 500+ originations
Denial Rate
15.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 439 | 6.875% | $11,471 | $8,105 |
| fha | 365 | 6.750% | $20,064 | $8,228 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 297 | 6.875% | $21,787 | #113 |
| Minnesota | 128 | 6.875% | $10,848 | #79 |
| Florida | 91 | 6.875% | $15,028 | #243 |
| Texas | 52 | 6.750% | $15,692 | #339 |
| Virginia | 52 | 6.750% | $13,674 | #177 |
| Ohio | 40 | 6.875% | $7,828 | — |
| Georgia | 35 | 6.875% | $11,602 | — |
| Maryland | 17 | 6.990% | $19,906 | — |
| Arizona | 16 | 7.312% | $13,336 | — |
| Washington | 11 | 7.000% | $15,221 | — |
| Pennsylvania | 10 | 7.000% | $10,596 | — |
| Illinois | 9 | 6.750% | $14,463 | — |
| New Jersey | 6 | 6.750% | $12,710 | — |
| Kentucky | 5 | 7.375% | $7,287 | — |
| Massachusetts | 5 | 6.750% | $10,407 | — |
| Nevada | 5 | 6.125% | $21,455 | — |
| North Carolina | 4 | 6.562% | $5,884 | — |
| Oklahoma | 4 | 7.245% | $17,467 | — |
| South Carolina | 4 | 6.812% | $12,223 | — |
| Utah | 4 | 7.125% | $16,634 | — |
| Connecticut | 3 | 6.875% | $9,566 | — |
| Tennessee | 3 | 6.625% | $15,775 | — |
| Alabama | 2 | 6.812% | $9,143 | — |
| Colorado | 2 | 7.375% | $13,517 | — |
| Louisiana | 2 | 7.250% | $8,376 | — |
| Oregon | 2 | 6.875% | $14,374 | — |
| Alaska | 1 | 6.875% | $29,322 | — |
| Delaware | 1 | 9.500% | $19,359 | — |
| Hawaii | 1 | 7.625% | $33,976 | — |
| Idaho | 1 | 6.125% | $26,461 | — |
| Montana | 1 | 6.125% | $8,556 | — |
| North Dakota | 1 | 7.000% | $4,567 | — |
| Wisconsin | 1 | 6.125% | $12,111 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,023 | 6.990% | — | 13 | −$8,049 | |
| 2 | $8,625 | 6.875% | — | 14 | −$6,447 | |
| 3 | $8,871 | 6.875% | — | 27 | −$6,201 | |
| 4 | $10,058 | 6.875% | — | 11 | −$5,014 | |
| 5 | $10,827 | 6.875% | — | 21 | −$4,245 | |
| 6 | $11,569 | 6.875% | — | 32 | −$3,503 | |
| 7 | $12,136 | 6.875% | — | 11 | −$2,936 | |
| 8 | $12,188 | 6.875% | — | 32 | −$2,884 | |
| 9 | $12,340 | 6.750% | — | 15 | −$2,732 | |
| 10 | $14,535 | 7.375% | — | 11 | −$537 | |
| 11 | $15,221 | 7.000% | — | 9 | +$149 | |
| 12 | $16,678 | 6.750% | — | 19 | +$1,606 | |
| 13 | $18,241 | 6.990% | — | 15 | +$3,169 | |
| 14 | $20,893 | 6.990% | — | 21 | +$5,821 | |
| 15 | $21,366 | 7.125% | — | 15 | +$6,294 | |
| 16 | $21,893 | 6.875% | — | 38 | +$6,821 | |
| 17 | $21,920 | 6.999% | — | 10 | +$6,848 | |
| 18 | $22,310 | 6.250% | — | 9 | +$7,238 | |
| 19 | $23,006 | 6.875% | — | 41 | +$7,934 | |
| 20 | $26,788 | 6.875% | — | 107 | +$11,716 |
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 | Home Mortgage Alliance Corporation (Hmac) | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $415,000 | $335,000 | +$80,000 (+23.9%) |
| Median total closing costs | $15,072 | $7,127 | +$7,945 (+111.5%) |
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.