Purchase Originations
168
Median Total Costs
$8,690
+30.1% vs national ($6,680)
↑ $273 vs prior year
Median Rate
7.000%
+7.9% vs national (6.490%)
↓ 0.500% vs prior year
Median Origination
$4,996
Median Lender Credits
$175
Denial Rate
1.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 165 | 7.000% | $8,797 | $5,035 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 104 | 7.125% | $9,159 | #227 |
| Maryland | 17 | 7.000% | $11,052 | — |
| Georgia | 15 | 6.625% | $5,167 | — |
| Virginia | 10 | 6.625% | $12,509 | — |
| Massachusetts | 8 | 7.062% | $10,264 | — |
| Delaware | 2 | 7.125% | $8,214 | — |
| Louisiana | 2 | 6.875% | $5,402 | — |
| North Carolina | 2 | 7.062% | $11,122 | — |
| Texas | 2 | 7.000% | $15,282 | — |
| Arizona | 1 | 7.250% | $21,176 | — |
| California | 1 | 7.250% | $8,584 | — |
| Connecticut | 1 | 6.750% | $8,130 | — |
| Missouri | 1 | 6.750% | $3,052 | — |
| New Jersey | 1 | 6.000% | $4,570 | — |
| Rhode Island | 1 | 7.125% | $6,082 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,056 | 6.938% | — | 6 | −$3,634 | |
| 2 | $5,446 | 6.938% | — | 2 | −$3,244 | |
| 3 | $6,423 | 7.250% | — | 3 | −$2,267 | |
| 4 | $6,437 | 7.500% | — | 15 | −$2,253 | |
| 5 | $6,651 | 6.625% | — | 3 | −$2,039 | |
| 6 | $7,039 | 7.062% | — | 2 | −$1,651 | |
| 7 | $7,384 | 7.000% | — | 7 | −$1,306 | |
| 8 | $7,809 | 7.188% | — | 10 | −$881 | |
| 9 | $9,530 | 7.250% | — | 2 | +$840 | |
| 10 | $10,428 | 6.750% | — | 3 | +$1,738 | |
| 11 | $10,519 | 6.875% | — | 5 | +$1,829 | |
| 12 | $10,881 | 7.188% | — | 44 | +$2,191 | |
| 13 | $11,339 | 7.000% | — | 2 | +$2,649 | |
| 14 | $11,368 | 6.688% | — | 2 | +$2,678 | |
| 15 | $11,380 | 6.625% | — | 3 | +$2,690 | |
| 16 | $11,540 | 7.250% | — | 2 | +$2,850 | |
| 17 | $12,736 | 7.125% | — | 2 | +$4,046 | |
| 18 | $14,561 | 6.562% | — | 2 | +$5,871 | |
| 19 | $14,682 | 7.000% | — | 2 | +$5,992 | |
| 20 | $23,477 | 6.625% | — | 3 | +$14,787 |
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 | Ithink Financial Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $380,000 | $335,000 | +$45,000 (+13.4%) |
| Median total closing costs | $8,690 | $7,127 | +$1,563 (+21.9%) |
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.