Purchase Originations
298
Median Total Costs
$5,003
−25.1% vs national ($6,680)
↓ $441 vs prior year
Median Rate
5.990%
−7.7% vs national (6.490%)
↓ 0.385% vs prior year
Median Origination
$1,175
Median Lender Credits
$1,082
Denial Rate
4.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 298 | 5.990% | $5,003 | $1,175 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 287 | 5.990% | $4,996 | #50 |
| New York | 3 | 6.000% | $5,565 | — |
| Pennsylvania | 3 | 6.375% | $5,355 | — |
| Florida | 2 | 6.495% | $6,902 | — |
| Massachusetts | 1 | 6.125% | $3,542 | — |
| Maryland | 1 | 5.750% | $3,070 | — |
| Tennessee | 1 | 6.624% | $4,658 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,070 | 5.750% | — | 1 | −$1,933 | |
| 2 | $3,440 | 5.625% | — | 8 | −$1,563 | |
| 3 | $4,232 | 6.490% | — | 1 | −$771 | |
| 4 | $4,316 | 5.990% | — | 17 | −$687 | |
| 5 | $4,597 | 5.875% | — | 6 | −$406 | |
| 6 | $4,612 | 5.875% | — | 28 | −$391 | |
| 7 | $4,675 | 5.990% | — | 40 | −$328 | |
| 8 | $4,692 | 5.625% | — | 3 | −$311 | |
| 9 | $4,726 | 6.250% | — | 11 | −$277 | |
| 10 | $4,827 | 5.750% | — | 57 | −$176 | |
| 11 | $4,908 | 6.625% | — | 3 | −$95 | |
| 12 | $5,050 | 6.000% | — | 24 | +$47 | |
| 13 | $5,609 | 6.188% | — | 26 | +$606 | |
| 14 | $5,910 | 6.433% | — | 2 | +$907 | |
| 15 | $5,962 | 6.500% | — | 7 | +$959 | |
| 16 | $6,092 | 5.990% | — | 5 | +$1,089 | |
| 17 | $6,176 | 6.058% | — | 22 | +$1,173 | |
| 18 | $6,265 | 6.312% | — | 2 | +$1,262 | |
| 19 | $6,289 | 6.250% | — | 26 | +$1,286 | |
| 20 | $9,572 | 6.500% | — | 1 | +$4,569 |
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 | Kearny Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $455,000 | $335,000 | +$120,000 (+35.8%) |
| Median total closing costs | $5,003 | $7,127 | −$2,124 (−29.8%) |
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.