Purchase Originations
203
Median Total Costs
$1,935
−71.0% vs national ($6,680)
↓ $8 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$430
Median Lender Credits
$54
Denial Rate
8.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 203 | 6.250% | $1,935 | $430 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,645 | 6.250% | — | 9 | −$290 | |
| 2 | $1,710 | 6.250% | — | 3 | −$225 | |
| 3 | $1,732 | 6.375% | — | 1 | −$203 | |
| 4 | $1,776 | 6.125% | — | 2 | −$159 | |
| 5 | $1,782 | 6.625% | — | 3 | −$153 | |
| 6 | $1,806 | 6.000% | — | 2 | −$129 | |
| 7 | $1,838 | 6.562% | — | 6 | −$97 | |
| 8 | $1,907 | 6.500% | — | 3 | −$28 | |
| 9 | $1,937 | 6.188% | — | 2 | +$2 | |
| 10 | $1,938 | 6.250% | — | 143 | +$3 | |
| 11 | $1,938 | 6.125% | — | 3 | +$3 | |
| 12 | $2,026 | 6.625% | — | 2 | +$91 | |
| 13 | $2,084 | 6.125% | — | 7 | +$149 | |
| 14 | $2,161 | 6.438% | — | 2 | +$226 | |
| 15 | $2,219 | 5.625% | — | 3 | +$284 | |
| 16 | $2,228 | 6.250% | — | 4 | +$293 | |
| 17 | $2,579 | 6.000% | — | 1 | +$644 | |
| 18 | $2,723 | 5.750% | — | 2 | +$788 | |
| 19 | $3,333 | 6.500% | — | 1 | +$1,398 | |
| 20 | $5,057 | 6.375% | — | 1 | +$3,122 |
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 | Indiana University Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $1,935 | $7,127 | −$5,192 (−72.8%) |
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.