Purchase Originations
331
Median Total Costs
$12,967
+94.1% vs national ($6,680)
↓ $2,026 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$6,975
Median Lender Credits
$672
Denial Rate
6.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 259 | 6.874% | $11,454 | $6,850 |
| fha | 67 | 6.625% | $22,643 | $7,964 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 194 | 6.625% | $15,100 | #89 |
| New Jersey | 113 | 6.875% | $8,570 | #103 |
| Florida | 7 | 6.625% | $9,705 | — |
| Connecticut | 6 | 6.625% | $17,746 | — |
| California | 2 | 6.375% | $7,867 | — |
| Pennsylvania | 2 | 6.433% | $12,798 | — |
| South Carolina | 2 | 6.750% | $8,722 | — |
| Alabama | 1 | 7.500% | $4,877 | — |
| Maryland | 1 | 6.500% | $15,071 | — |
| Michigan | 1 | 6.375% | $14,109 | — |
| Tennessee | 1 | 6.500% | $10,494 | — |
| Texas | 1 | 5.990% | $11,767 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,367 | 6.750% | — | 11 | −$6,600 | |
| 2 | $6,482 | 6.875% | — | 15 | −$6,485 | |
| 3 | $7,170 | 6.875% | — | 4 | −$5,797 | |
| 4 | $8,451 | 6.990% | — | 8 | −$4,516 | |
| 5 | $8,718 | 6.933% | — | 8 | −$4,249 | |
| 6 | $9,495 | 6.933% | — | 8 | −$3,472 | |
| 7 | $9,705 | 6.375% | — | 3 | −$3,262 | |
| 8 | $10,297 | 6.750% | — | 5 | −$2,670 | |
| 9 | $10,444 | 6.875% | — | 24 | −$2,523 | |
| 10 | $11,514 | 6.875% | — | 5 | −$1,453 | |
| 11 | $12,766 | 6.625% | — | 3 | −$201 | |
| 12 | $12,798 | 6.433% | — | 2 | −$169 | |
| 13 | $13,673 | 6.625% | — | 94 | +$706 | |
| 14 | $14,572 | 6.750% | — | 21 | +$1,605 | |
| 15 | $15,448 | 6.625% | — | 12 | +$2,481 | |
| 16 | $15,811 | 6.625% | — | 17 | +$2,844 | |
| 17 | $17,108 | 6.875% | — | 3 | +$4,141 | |
| 18 | $17,348 | 6.625% | — | 25 | +$4,381 | |
| 19 | $20,207 | 6.625% | — | 22 | +$7,240 | |
| 20 | $22,740 | 6.625% | — | 9 | +$9,773 |
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 | Jet Direct Funding Corp | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $545,000 | $335,000 | +$210,000 (+62.7%) |
| Median total closing costs | $12,967 | $7,127 | +$5,840 (+81.9%) |
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.