Purchase Originations
3,027
Ranked #160 nationally
Median Total Costs
$4,791
−28.3% vs national ($6,680)
↑ $78 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,522
Median Lender Credits
$468
Cost Rank (500+ vol.)
#174
among lenders with 500+ originations
Denial Rate
13.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,668 | 6.375% | $4,599 | $1,493 |
| fha | 285 | 6.125% | $8,757 | $1,916 |
| va | 74 | 6.000% | $6,188 | $531 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 1,020 | 6.375% | $4,755 | #23 |
| Ohio | 723 | 6.375% | $4,416 | #38 |
| Washington | 247 | 6.250% | $5,718 | #52 |
| Indiana | 165 | 6.375% | $3,422 | #95 |
| Oregon | 148 | 6.125% | $6,483 | #54 |
| Pennsylvania | 140 | 6.375% | $5,045 | #133 |
| Michigan | 81 | 6.375% | $3,906 | #124 |
| Colorado | 74 | 6.250% | $4,630 | #122 |
| Connecticut | 69 | 6.375% | $4,942 | #64 |
| Idaho | 62 | 6.312% | $7,045 | #60 |
| Maine | 53 | 6.500% | $4,400 | #42 |
| Florida | 42 | 6.500% | $5,984 | — |
| Utah | 33 | 6.125% | $4,945 | — |
| Massachusetts | 24 | 6.375% | $5,029 | — |
| Alaska | 20 | 6.375% | $7,272 | — |
| California | 13 | 6.125% | $7,862 | — |
| Tennessee | 11 | 6.125% | $4,804 | — |
| Vermont | 10 | 6.438% | $6,047 | — |
| Georgia | 9 | 6.125% | $7,780 | — |
| Texas | 9 | 6.375% | $6,698 | — |
| Illinois | 8 | 6.625% | $7,651 | — |
| North Carolina | 8 | 6.250% | $3,832 | — |
| South Carolina | 8 | 6.562% | $5,004 | — |
| Arizona | 7 | 6.500% | $6,013 | — |
| Kentucky | 6 | 6.250% | $4,504 | — |
| Maryland | 5 | 6.000% | $5,158 | — |
| Nevada | 5 | 6.125% | $7,652 | — |
| Virginia | 5 | 6.375% | $4,197 | — |
| New Hampshire | 4 | 6.812% | $4,102 | — |
| New Jersey | 4 | 6.250% | $7,796 | — |
| Wisconsin | 3 | 6.375% | $4,521 | — |
| District of Columbia | 2 | 6.625% | $5,281 | — |
| Montana | 2 | 7.062% | $6,545 | — |
| New Mexico | 2 | 6.188% | $13,143 | — |
| Wyoming | 2 | 5.688% | $4,685 | — |
| Delaware | 1 | 7.375% | $5,661 | — |
| Missouri | 1 | 7.000% | $4,355 | — |
| Rhode Island | 1 | 6.500% | $3,825 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,739 | 6.500% | — | 32 | −$1,052 | |
| 2 | $3,788 | 6.250% | — | 55 | −$1,003 | |
| 3 | $3,859 | 6.375% | — | 30 | −$932 | |
| 4 | $4,294 | 6.375% | — | 95 | −$497 | |
| 5 | $4,307 | 6.250% | — | 41 | −$484 | |
| 6 | $4,332 | 6.375% | — | 68 | −$459 | |
| 7 | $4,545 | 6.250% | — | 131 | −$246 | |
| 8 | $4,555 | 6.375% | — | 54 | −$236 | |
| 9 | $4,568 | 6.375% | — | 338 | −$223 | |
| 10 | $4,589 | 6.375% | — | 58 | −$202 | |
| 11 | $4,604 | 6.312% | — | 40 | −$187 | |
| 12 | $4,617 | 6.500% | — | 151 | −$174 | |
| 13 | $4,713 | 6.500% | — | 34 | −$78 | |
| 14 | $4,783 | 6.250% | — | 45 | −$8 | |
| 15 | $4,877 | 6.500% | — | 43 | +$86 | |
| 16 | $5,800 | 6.375% | — | 32 | +$1,009 | |
| 17 | $5,820 | 6.375% | — | 37 | +$1,029 | |
| 18 | $5,829 | 6.125% | — | 102 | +$1,038 | |
| 19 | $6,012 | 6.250% | — | 30 | +$1,221 | |
| 20 | $6,909 | 6.250% | — | 37 | +$2,118 |
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 | KeyBank National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $4,791 | $7,127 | −$2,336 (−32.8%) |
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.