Purchase Originations
727
Ranked #490 nationally
Median Total Costs
$11,045
+65.3% vs national ($6,680)
↑ $280 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,800
Median Lender Credits
$612
Cost Rank (500+ vol.)
#567
among lenders with 500+ originations
Denial Rate
1.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 434 | 6.625% | $8,769 | $1,749 |
| fha | 228 | 6.625% | $15,065 | $1,898 |
| va | 65 | 6.625% | $11,992 | $1,498 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 554 | 6.625% | $10,857 | #108 |
| Florida | 101 | 6.625% | $9,579 | #228 |
| South Carolina | 34 | 6.750% | $15,903 | — |
| North Carolina | 20 | 6.562% | $14,705 | — |
| Georgia | 4 | 6.438% | $19,270 | — |
| Virginia | 3 | 6.625% | $17,738 | — |
| Arizona | 2 | 6.625% | $17,686 | — |
| Illinois | 2 | 5.875% | $10,450 | — |
| Pennsylvania | 2 | 6.245% | $13,988 | — |
| Washington | 2 | 6.812% | $7,931 | — |
| Louisiana | 1 | 7.375% | $6,041 | — |
| Maryland | 1 | 6.625% | $20,938 | — |
| Oklahoma | 1 | 6.250% | $5,974 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,389 | 6.812% | — | 4 | −$4,656 | |
| 2 | $7,239 | 6.750% | — | 4 | −$3,806 | |
| 3 | $8,329 | 6.500% | — | 11 | −$2,716 | |
| 4 | $9,579 | 6.625% | — | 17 | −$1,466 | |
| 5 | $9,898 | 6.625% | — | 62 | −$1,147 | |
| 6 | $10,081 | 6.688% | — | 4 | −$964 | |
| 7 | $10,281 | 6.500% | — | 74 | −$764 | |
| 8 | $10,487 | 6.500% | — | 35 | −$558 | |
| 9 | $10,503 | 6.625% | — | 192 | −$542 | |
| 10 | $11,146 | 6.688% | — | 26 | +$101 | |
| 11 | $11,212 | 6.500% | — | 14 | +$167 | |
| 12 | $11,516 | 6.375% | — | 4 | +$471 | |
| 13 | $11,739 | 6.625% | — | 56 | +$694 | |
| 14 | $11,749 | 6.625% | — | 70 | +$704 | |
| 15 | $12,329 | 6.625% | — | 25 | +$1,284 | |
| 16 | $14,581 | 6.562% | — | 8 | +$3,536 | |
| 17 | $14,906 | 6.625% | — | 9 | +$3,861 | |
| 18 | $15,294 | 7.000% | — | 7 | +$4,249 | |
| 19 | $16,041 | 6.875% | — | 8 | +$4,996 | |
| 20 | $23,313 | 6.625% | — | 9 | +$12,268 |
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 | Legend Lending Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $315,000 | $335,000 | −$20,000 (−6.0%) |
| Median total closing costs | $11,045 | $7,127 | +$3,918 (+55.0%) |
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.