Purchase Originations
2,532
Ranked #183 nationally
Median Total Costs
$6,786
+1.6% vs national ($6,680)
↑ $562 vs prior year
Median Rate
6.490%
+0.0% vs national (6.490%)
↓ 0.135% vs prior year
Median Origination
$1,997
Median Lender Credits
$355
Cost Rank (500+ vol.)
#345
among lenders with 500+ originations
Denial Rate
6.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,033 | 6.625% | $4,878 | $2,039 |
| fha | 892 | 6.250% | $9,256 | $1,947 |
| usda | 317 | 6.250% | $6,465 | $2,198 |
| va | 290 | 6.250% | $6,488 | $1,820 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Kentucky | 598 | 6.490% | $5,460 | #17 |
| Georgia | 570 | 6.250% | $8,266 | #44 |
| Mississippi | 355 | 6.250% | $6,770 | #17 |
| Alabama | 167 | 6.375% | $7,438 | #61 |
| Indiana | 150 | 6.500% | $6,135 | #103 |
| South Carolina | 131 | 6.500% | $7,201 | #103 |
| Texas | 111 | 6.375% | $10,077 | #269 |
| Florida | 52 | 6.490% | $5,683 | #322 |
| New York | 52 | 6.625% | $8,535 | #151 |
| Tennessee | 42 | 6.490% | $6,630 | — |
| Arkansas | 27 | 6.500% | $3,256 | — |
| Missouri | 27 | 6.750% | $4,118 | — |
| North Carolina | 27 | 6.750% | $7,727 | — |
| Pennsylvania | 25 | 6.750% | $5,718 | — |
| Michigan | 21 | 6.625% | $5,909 | — |
| Connecticut | 20 | 6.625% | $11,739 | — |
| Illinois | 20 | 6.375% | $6,203 | — |
| Ohio | 19 | 6.625% | $6,959 | — |
| Minnesota | 18 | 6.688% | $4,664 | — |
| California | 17 | 6.500% | $15,720 | — |
| Massachusetts | 14 | 6.250% | $27,825 | — |
| Wisconsin | 8 | 6.750% | $6,243 | — |
| Iowa | 6 | 6.562% | $6,564 | — |
| New Mexico | 6 | 6.375% | $9,353 | — |
| Oklahoma | 6 | 6.438% | $8,349 | — |
| West Virginia | 6 | 6.750% | $5,665 | — |
| Arizona | 4 | 6.688% | $7,645 | — |
| Delaware | 4 | 6.687% | $8,498 | — |
| New Jersey | 4 | 6.740% | $11,898 | — |
| Virginia | 4 | 6.562% | $9,591 | — |
| Nebraska | 3 | 6.490% | $6,681 | — |
| Colorado | 2 | 7.062% | $7,044 | — |
| Idaho | 2 | 6.312% | $7,909 | — |
| Kansas | 2 | 6.438% | $6,041 | — |
| Louisiana | 2 | 6.812% | $7,138 | — |
| Montana | 2 | 6.438% | $13,757 | — |
| Nevada | 2 | 6.307% | $6,348 | — |
| Washington | 2 | 6.687% | $7,263 | — |
| Maine | 1 | 6.625% | $11,496 | — |
| New Hampshire | 1 | 7.000% | $10,362 | — |
| Oregon | 1 | 6.750% | $10,181 | — |
| Rhode Island | 1 | 6.625% | $14,853 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,603 | 6.490% | — | 22 | −$3,183 | |
| 2 | $3,746 | 6.490% | — | 27 | −$3,040 | |
| 3 | $5,189 | 6.500% | — | 25 | −$1,597 | |
| 4 | $5,381 | 6.250% | — | 26 | −$1,405 | |
| 5 | $5,404 | 6.490% | — | 23 | −$1,382 | |
| 6 | $5,531 | 6.490% | — | 61 | −$1,255 | |
| 7 | $5,860 | 6.625% | — | 22 | −$926 | |
| 8 | $5,935 | 6.625% | — | 147 | −$851 | |
| 9 | $6,227 | 6.490% | — | 32 | −$559 | |
| 10 | $6,679 | 6.312% | — | 40 | −$107 | |
| 11 | $6,686 | 6.375% | — | 71 | −$100 | |
| 12 | $7,093 | 6.500% | — | 38 | +$307 | |
| 13 | $7,201 | 6.625% | — | 41 | +$415 | |
| 14 | $7,670 | 6.125% | — | 51 | +$884 | |
| 15 | $7,838 | 6.490% | — | 40 | +$1,052 | |
| 16 | $8,272 | 6.375% | — | 39 | +$1,486 | |
| 17 | $9,231 | 6.250% | — | 47 | +$2,445 | |
| 18 | $9,232 | 6.250% | — | 38 | +$2,446 | |
| 19 | $9,317 | 6.375% | — | 85 | +$2,531 | |
| 20 | $11,790 | 6.125% | — | 28 | +$5,004 |
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 | Magnolia Bank, Incorporated | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $245,000 | $335,000 | −$90,000 (−26.9%) |
| Median total closing costs | $6,786 | $7,127 | −$341 (−4.8%) |
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.