Purchase Originations
48,714
Ranked #9 nationally
Median Total Costs
$6,883
+3.0% vs national ($6,680)
↑ $35 vs prior year
Median Rate
4.750%
−26.8% vs national (6.490%)
↓ 0.240% vs prior year
Median Origination
$1,650
Median Lender Credits
$60
Cost Rank (500+ vol.)
#359
among lenders with 500+ originations
Denial Rate
14.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 22,931 | 4.990% | $4,948 | $1,650 |
| fha | 19,581 | 4.500% | $10,082 | $1,775 |
| va | 5,820 | 4.500% | $3,792 | $0 |
| usda | 382 | 4.625% | $6,379 | $1,775 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 13,128 | 4.500% | $7,546 | #3 |
| Florida | 9,196 | 4.625% | $8,194 | #4 |
| California | 5,956 | 4.990% | $7,326 | #3 |
| Arizona | 2,432 | 4.000% | $8,850 | #5 |
| South Carolina | 2,338 | 6.125% | $7,504 | #4 |
| North Carolina | 1,757 | 5.250% | $1,455 | #14 |
| Indiana | 1,686 | 4.990% | $3,986 | #7 |
| Nevada | 1,552 | 4.750% | $5,124 | #4 |
| Minnesota | 1,282 | 5.875% | $4,704 | #9 |
| Colorado | 1,198 | 3.990% | $3,925 | #8 |
| Illinois | 918 | 5.500% | $4,353 | #24 |
| Alabama | 818 | 4.750% | $5,034 | #15 |
| Washington | 709 | 4.875% | $5,969 | #24 |
| Oregon | 654 | 4.990% | $6,346 | #11 |
| Maryland | 633 | 6.250% | $9,684 | #22 |
| Georgia | 592 | 5.125% | $6,756 | #42 |
| Tennessee | 544 | 4.750% | $7,057 | #32 |
| Utah | 507 | 4.990% | $3,833 | #13 |
| New Jersey | 504 | 5.875% | $5,319 | #32 |
| Oklahoma | 467 | 5.250% | $8,028 | #17 |
| Delaware | 385 | 6.375% | $5,464 | #5 |
| Idaho | 375 | 4.750% | $5,138 | #14 |
| Arkansas | 294 | 5.500% | $6,568 | #22 |
| Pennsylvania | 235 | 4.990% | $5,573 | #97 |
| Virginia | 231 | 5.875% | $5,785 | #72 |
| West Virginia | 208 | 6.375% | $6,497 | #18 |
| Wisconsin | 58 | 5.438% | $4,654 | #126 |
| Kansas | 42 | 5.875% | $7,673 | — |
| Missouri | 15 | 5.990% | $8,904 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,326 | 4.990% | — | 758 | −$5,557 | |
| 2 | $5,302 | 4.750% | — | 1,223 | −$1,581 | |
| 3 | $5,912 | 5.500% | — | 746 | −$971 | |
| 4 | $6,860 | 4.500% | — | 924 | −$23 | |
| 5 | $6,899 | 4.875% | — | 642 | +$16 | |
| 6 | $7,029 | 4.625% | — | 1,123 | +$146 | |
| 7 | $7,064 | 4.750% | — | 747 | +$181 | |
| 8 | $7,071 | 4.625% | — | 2,599 | +$188 | |
| 9 | $7,197 | 4.990% | — | 662 | +$314 | |
| 10 | $7,425 | 4.250% | — | 751 | +$542 | |
| 11 | $7,520 | 4.625% | — | 728 | +$637 | |
| 12 | $7,781 | 4.250% | — | 1,350 | +$898 | |
| 13 | $7,855 | 4.375% | — | 845 | +$972 | |
| 14 | $7,988 | 4.250% | — | 1,866 | +$1,105 | |
| 15 | $8,012 | 4.500% | — | 731 | +$1,129 | |
| 16 | $9,216 | 4.625% | — | 721 | +$2,333 | |
| 17 | $9,553 | 4.125% | — | 609 | +$2,670 | |
| 18 | $9,839 | 4.625% | — | 754 | +$2,956 | |
| 19 | $11,527 | 4.500% | — | 745 | +$4,644 | |
| 20 | $12,112 | 4.500% | — | 761 | +$5,229 |
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 | Lennar Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $345,000 | $335,000 | +$10,000 (+3.0%) |
| Median total closing costs | $6,883 | $7,127 | −$244 (−3.4%) |
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.