Purchase Originations
410
Median Total Costs
$4,671
−30.1% vs national ($6,680)
↑ $820 vs prior year
Median Rate
6.990%
+7.7% vs national (6.490%)
↑ 0.240% vs prior year
Median Origination
$1,485
Median Lender Credits
$135
Denial Rate
26.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 367 | 7.000% | $4,396 | $1,384 |
| fha | 37 | 6.500% | $10,107 | $1,470 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Mississippi | 250 | 7.000% | $4,528 | #23 |
| Alabama | 69 | 7.000% | $4,508 | #114 |
| Tennessee | 44 | 6.750% | $5,483 | — |
| Louisiana | 38 | 6.750% | $5,881 | — |
| Arkansas | 9 | 7.000% | $4,918 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,128 | 7.125% | — | 15 | −$1,543 | |
| 2 | $4,078 | 7.000% | — | 7 | −$593 | |
| 3 | $4,121 | 7.375% | — | 11 | −$550 | |
| 4 | $4,143 | 7.250% | — | 12 | −$528 | |
| 5 | $4,216 | 6.750% | — | 5 | −$455 | |
| 6 | $4,259 | 6.875% | — | 14 | −$412 | |
| 7 | $4,305 | 7.188% | — | 8 | −$366 | |
| 8 | $4,432 | 6.625% | — | 23 | −$239 | |
| 9 | $4,522 | 6.875% | — | 19 | −$149 | |
| 10 | $4,582 | 7.000% | — | 11 | −$89 | |
| 11 | $4,652 | 6.812% | — | 24 | −$19 | |
| 12 | $4,680 | 7.000% | — | 16 | +$9 | |
| 13 | $4,714 | 6.990% | — | 23 | +$43 | |
| 14 | $4,808 | 7.000% | — | 12 | +$137 | |
| 15 | $4,818 | 7.000% | — | 19 | +$147 | |
| 16 | $4,858 | 6.875% | — | 15 | +$187 | |
| 17 | $4,898 | 7.000% | — | 41 | +$227 | |
| 18 | $6,310 | 6.875% | — | 10 | +$1,639 | |
| 19 | $6,752 | 6.750% | — | 10 | +$2,081 | |
| 20 | $7,370 | 6.500% | — | 5 | +$2,699 |
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 | Hope Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $175,000 | $335,000 | −$160,000 (−47.8%) |
| Median total closing costs | $4,671 | $7,127 | −$2,456 (−34.5%) |
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.