Purchase Originations
3,774
Ranked #135 nationally
Median Total Costs
$5,080
−23.9% vs national ($6,680)
↑ $281 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,499
Median Lender Credits
$675
Cost Rank (500+ vol.)
#199
among lenders with 500+ originations
Denial Rate
1.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,666 | 6.375% | $5,056 | $1,499 |
| fha | 65 | 6.125% | $13,624 | $1,499 |
| va | 43 | 6.125% | $5,660 | $1,499 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 3,067 | 6.375% | $5,080 | #1 |
| New Hampshire | 143 | 6.375% | $4,490 | #19 |
| Connecticut | 104 | 6.500% | $5,554 | #51 |
| Rhode Island | 76 | 6.433% | $4,759 | #34 |
| Florida | 53 | 6.250% | $6,310 | #317 |
| Texas | 32 | 6.500% | $6,630 | — |
| California | 26 | 6.375% | $7,522 | — |
| North Carolina | 24 | 6.370% | $4,457 | — |
| Ohio | 18 | 6.312% | $5,206 | — |
| New York | 17 | 6.500% | $6,118 | — |
| Washington | 16 | 6.375% | $5,276 | — |
| Maine | 14 | 6.188% | $4,515 | — |
| New Jersey | 14 | 6.495% | $5,850 | — |
| Illinois | 13 | 6.500% | $6,563 | — |
| South Carolina | 13 | 6.750% | $4,874 | — |
| Colorado | 12 | 6.433% | $4,106 | — |
| Pennsylvania | 11 | 6.625% | $6,138 | — |
| Georgia | 10 | 6.625% | $5,035 | — |
| Maryland | 10 | 5.938% | $5,482 | — |
| Tennessee | 10 | 6.562% | $4,719 | — |
| Minnesota | 9 | 6.625% | $4,667 | — |
| Virginia | 9 | 6.125% | $5,660 | — |
| Arizona | 8 | 6.495% | $6,606 | — |
| Kentucky | 6 | 6.312% | $4,538 | — |
| Missouri | 6 | 6.375% | $4,425 | — |
| Wisconsin | 6 | 6.250% | $4,158 | — |
| District of Columbia | 5 | 5.875% | $6,312 | — |
| Michigan | 5 | 6.125% | $4,383 | — |
| New Mexico | 5 | 6.000% | $4,915 | — |
| Vermont | 5 | 6.500% | $4,976 | — |
| Indiana | 4 | 6.312% | $3,052 | — |
| Kansas | 4 | 6.183% | $4,338 | — |
| Utah | 4 | 6.433% | $5,031 | — |
| Alabama | 3 | 6.125% | $5,072 | — |
| Oklahoma | 3 | 6.750% | $3,884 | — |
| Arkansas | 2 | 6.433% | $7,860 | — |
| Iowa | 1 | 6.500% | $5,546 | — |
| Louisiana | 1 | 6.500% | $3,787 | — |
| Montana | 1 | 6.500% | $4,750 | — |
| Nevada | 1 | 6.490% | $4,354 | — |
| Oregon | 1 | 6.500% | $4,952 | — |
| West Virginia | 1 | 6.250% | $3,822 | — |
| Wyoming | 1 | 6.490% | $4,634 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,266 | 6.375% | — | 9 | −$814 | |
| 2 | $4,493 | 6.375% | — | 66 | −$587 | |
| 3 | $4,584 | 6.490% | — | 55 | −$496 | |
| 4 | $4,720 | 6.375% | — | 52 | −$360 | |
| 5 | $4,832 | 6.375% | — | 104 | −$248 | |
| 6 | $4,874 | 6.375% | — | 285 | −$206 | |
| 7 | $4,875 | 6.500% | — | 16 | −$205 | |
| 8 | $4,927 | 6.562% | — | 8 | −$153 | |
| 9 | $4,978 | 6.375% | — | 375 | −$102 | |
| 10 | $4,992 | 6.490% | — | 12 | −$88 | |
| 11 | $5,043 | 6.250% | — | 106 | −$37 | |
| 12 | $5,064 | 6.250% | — | 443 | −$16 | |
| 13 | $5,094 | 6.375% | — | 488 | +$14 | |
| 14 | $5,158 | 6.375% | — | 180 | +$78 | |
| 15 | $5,177 | 6.375% | — | 1,050 | +$97 | |
| 16 | $5,398 | 6.500% | — | 69 | +$318 | |
| 17 | $5,600 | 5.875% | — | 9 | +$520 | |
| 18 | $5,626 | 6.375% | — | 10 | +$546 | |
| 19 | $6,786 | 6.438% | — | 8 | +$1,706 | |
| 20 | $6,942 | 6.750% | — | 8 | +$1,862 |
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 | Leader Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $545,000 | $335,000 | +$210,000 (+62.7%) |
| Median total closing costs | $5,080 | $7,127 | −$2,047 (−28.7%) |
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.