Purchase Originations
392
Median Total Costs
$2,536
−62.0% vs national ($6,680)
↑ $110 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$400
Median Lender Credits
$135
Denial Rate
2.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 392 | 6.750% | $2,536 | $400 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,967 | 6.750% | — | 24 | −$569 | |
| 2 | $2,026 | 6.750% | — | 13 | −$510 | |
| 3 | $2,063 | 7.312% | — | 4 | −$473 | |
| 4 | $2,100 | 6.750% | — | 19 | −$436 | |
| 5 | $2,222 | 6.750% | — | 32 | −$314 | |
| 6 | $2,260 | 6.500% | — | 3 | −$276 | |
| 7 | $2,286 | 6.750% | — | 12 | −$250 | |
| 8 | $2,353 | 7.250% | — | 3 | −$183 | |
| 9 | $2,509 | 6.245% | — | 4 | −$27 | |
| 10 | $2,519 | 6.750% | — | 28 | −$17 | |
| 11 | $2,561 | 6.750% | — | 11 | +$25 | |
| 12 | $2,602 | 6.750% | — | 3 | +$66 | |
| 13 | $2,678 | 6.500% | — | 127 | +$142 | |
| 14 | $2,730 | 6.750% | — | 13 | +$194 | |
| 15 | $2,740 | 6.500% | — | 4 | +$204 | |
| 16 | $2,775 | 6.750% | — | 25 | +$239 | |
| 17 | $2,803 | 7.125% | — | 3 | +$267 | |
| 18 | $2,890 | 6.240% | — | 3 | +$354 | |
| 19 | $2,938 | 6.870% | — | 8 | +$402 | |
| 20 | $3,156 | 6.245% | — | 16 | +$620 |
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 | L & N Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $2,536 | $7,127 | −$4,591 (−64.4%) |
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.