Purchase Originations
628
Ranked #551 nationally
Median Total Costs
$3,327
−50.2% vs national ($6,680)
↑ $15 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.240% vs prior year
Median Origination
$1,275
Median Lender Credits
$100
Cost Rank (500+ vol.)
#59
among lenders with 500+ originations
Denial Rate
11.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 557 | 6.875% | $3,250 | $1,275 |
| fha | 53 | 6.490% | $6,431 | $1,275 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,678 | 6.933% | — | 16 | −$649 | |
| 2 | $2,704 | 6.562% | — | 8 | −$623 | |
| 3 | $2,813 | 6.750% | — | 61 | −$514 | |
| 4 | $2,877 | 6.625% | — | 18 | −$450 | |
| 5 | $2,896 | 6.562% | — | 10 | −$431 | |
| 6 | $2,926 | 6.750% | — | 80 | −$401 | |
| 7 | $3,020 | 6.750% | — | 9 | −$307 | |
| 8 | $3,040 | 6.875% | — | 9 | −$287 | |
| 9 | $3,128 | 6.875% | — | 31 | −$199 | |
| 10 | $3,279 | 6.625% | — | 14 | −$48 | |
| 11 | $3,328 | 6.875% | — | 63 | +$1 | |
| 12 | $3,371 | 6.875% | — | 20 | +$44 | |
| 13 | $3,600 | 6.625% | — | 9 | +$273 | |
| 14 | $3,726 | 6.812% | — | 14 | +$399 | |
| 15 | $3,787 | 6.875% | — | 22 | +$460 | |
| 16 | $3,841 | 6.625% | — | 15 | +$514 | |
| 17 | $4,116 | 6.500% | — | 15 | +$789 | |
| 18 | $4,321 | 6.750% | — | 37 | +$994 | |
| 19 | $5,106 | 6.875% | — | 8 | +$1,779 | |
| 20 | $5,675 | 6.570% | — | 15 | +$2,348 |
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 | Horizon Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $225,000 | $335,000 | −$110,000 (−32.8%) |
| Median total closing costs | $3,327 | $7,127 | −$3,800 (−53.3%) |
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.