Purchase Originations
1,466
Ranked #286 nationally
Median Total Costs
$9,309
+39.4% vs national ($6,680)
↓ $210 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,841
Median Lender Credits
$519
Cost Rank (500+ vol.)
#517
among lenders with 500+ originations
Denial Rate
2.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 896 | 6.625% | $7,370 | $1,790 |
| fha | 381 | 6.490% | $12,055 | $3,466 |
| va | 185 | 6.125% | $11,394 | $4,380 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 1,096 | 6.500% | $9,401 | #54 |
| Florida | 337 | 6.500% | $9,313 | #116 |
| New Mexico | 8 | 6.249% | $11,607 | — |
| Colorado | 6 | 6.933% | $4,018 | — |
| Georgia | 4 | 7.125% | $6,552 | — |
| Louisiana | 3 | 6.500% | $6,124 | — |
| Arkansas | 2 | 6.375% | $10,845 | — |
| Virginia | 2 | 6.625% | $12,170 | — |
| Washington | 2 | 6.500% | $5,496 | — |
| Alabama | 1 | 6.490% | $4,025 | — |
| Mississippi | 1 | 5.500% | $8,708 | — |
| North Carolina | 1 | 5.875% | $4,426 | — |
| Oklahoma | 1 | 5.990% | $10,377 | — |
| Tennessee | 1 | 7.125% | $5,214 | — |
| West Virginia | 1 | 5.750% | $8,460 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,954 | 6.750% | — | 6 | −$2,355 | |
| 2 | $6,973 | 6.490% | — | 90 | −$2,336 | |
| 3 | $7,245 | 6.312% | — | 34 | −$2,064 | |
| 4 | $7,595 | 6.500% | — | 320 | −$1,714 | |
| 5 | $7,763 | 6.125% | — | 7 | −$1,546 | |
| 6 | $7,766 | 6.875% | — | 5 | −$1,543 | |
| 7 | $8,190 | 6.625% | — | 43 | −$1,119 | |
| 8 | $9,103 | 6.500% | — | 169 | −$206 | |
| 9 | $9,193 | 6.490% | — | 50 | −$116 | |
| 10 | $9,384 | 6.750% | — | 18 | +$75 | |
| 11 | $9,814 | 6.495% | — | 64 | +$505 | |
| 12 | $9,990 | 6.625% | — | 103 | +$681 | |
| 13 | $10,124 | 6.562% | — | 6 | +$815 | |
| 14 | $10,523 | 6.500% | — | 9 | +$1,214 | |
| 15 | $10,643 | 6.688% | — | 10 | +$1,334 | |
| 16 | $10,824 | 6.250% | — | 18 | +$1,515 | |
| 17 | $10,997 | 6.625% | — | 18 | +$1,688 | |
| 18 | $11,243 | 6.490% | — | 360 | +$1,934 | |
| 19 | $11,661 | 6.125% | — | 18 | +$2,352 | |
| 20 | $12,522 | 6.124% | — | 7 | +$3,213 |
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 | Loanpeople, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $325,000 | $335,000 | −$10,000 (−3.0%) |
| Median total closing costs | $9,309 | $7,127 | +$2,182 (+30.6%) |
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.