Purchase Originations
6,051
Ranked #77 nationally
Median Total Costs
$5,433
−18.7% vs national ($6,680)
↑ $360 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$1,500
Median Lender Credits
$1,219
Cost Rank (500+ vol.)
#233
among lenders with 500+ originations
Denial Rate
7.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 4,689 | 6.000% | $5,372 | $1,500 |
| fha | 788 | 6.000% | $8,725 | $1,782 |
| va | 570 | 3.000% | $3,037 | $704 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 2,046 | 6.375% | $5,148 | #9 |
| Massachusetts | 765 | 5.750% | $5,704 | #12 |
| Maryland | 626 | 5.875% | $5,819 | #23 |
| Pennsylvania | 473 | 6.250% | $6,147 | #47 |
| New Jersey | 458 | 5.875% | $6,410 | #34 |
| Virginia | 440 | 5.625% | $5,689 | #45 |
| Connecticut | 181 | 6.250% | $5,832 | #33 |
| Florida | 117 | 5.000% | $4,571 | #215 |
| District of Columbia | 109 | 5.750% | $6,775 | #10 |
| Texas | 90 | 3.125% | $2,846 | #290 |
| Vermont | 69 | 6.375% | $5,342 | #18 |
| California | 68 | 3.188% | $3,928 | #233 |
| Delaware | 67 | 6.000% | $5,055 | #36 |
| Colorado | 56 | 2.750% | $3,167 | #147 |
| New Hampshire | 49 | 6.375% | $4,448 | — |
| North Carolina | 46 | 5.875% | $4,274 | — |
| Hawaii | 36 | 2.750% | $4,459 | — |
| Arizona | 32 | 2.875% | $2,746 | — |
| South Carolina | 31 | 5.875% | $4,065 | — |
| Georgia | 30 | 3.870% | $3,245 | — |
| Maine | 22 | 6.188% | $4,243 | — |
| Washington | 21 | 3.250% | $3,277 | — |
| Alabama | 16 | 4.062% | $3,523 | — |
| Illinois | 16 | 5.625% | $5,913 | — |
| Ohio | 14 | 4.188% | $3,028 | — |
| Louisiana | 13 | 3.375% | $3,129 | — |
| Oregon | 13 | 3.500% | $2,942 | — |
| Idaho | 12 | 2.750% | $1,886 | — |
| Utah | 12 | 2.605% | $2,649 | — |
| Tennessee | 11 | 3.500% | $2,118 | — |
| West Virginia | 11 | 6.375% | $4,316 | — |
| Indiana | 9 | 4.500% | $2,896 | — |
| Rhode Island | 9 | 6.000% | $5,471 | — |
| Michigan | 8 | 6.188% | $2,944 | — |
| Minnesota | 8 | 3.120% | $2,788 | — |
| Nevada | 8 | 2.875% | $1,839 | — |
| Oklahoma | 8 | 5.812% | $5,574 | — |
| Missouri | 7 | 5.750% | $3,235 | — |
| New Mexico | 7 | 2.875% | $2,389 | — |
| Kentucky | 5 | 3.750% | $2,792 | — |
| Mississippi | 5 | 5.875% | $4,111 | — |
| Kansas | 4 | 3.500% | $1,735 | — |
| North Dakota | 4 | 3.062% | $2,815 | — |
| Nebraska | 4 | 3.688% | $2,930 | — |
| Wisconsin | 4 | 6.438% | $5,173 | — |
| Alaska | 3 | 2.625% | $1,614 | — |
| Arkansas | 3 | 3.375% | $2,750 | — |
| Wyoming | 3 | 5.625% | $2,400 | — |
| Montana | 1 | 3.125% | $2,348 | — |
| South Dakota | 1 | 5.875% | $3,566 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,377 | 6.500% | — | 88 | −$1,056 | |
| 2 | $4,487 | 6.500% | — | 81 | −$946 | |
| 3 | $4,691 | 6.375% | — | 83 | −$742 | |
| 4 | $4,696 | 6.375% | — | 139 | −$737 | |
| 5 | $4,840 | 6.375% | — | 769 | −$593 | |
| 6 | $5,125 | 5.875% | — | 73 | −$308 | |
| 7 | $5,298 | 6.000% | — | 84 | −$135 | |
| 8 | $5,446 | 6.312% | — | 68 | +$13 | |
| 9 | $5,697 | 5.625% | — | 171 | +$264 | |
| 10 | $5,795 | 5.625% | — | 255 | +$362 | |
| 11 | $5,831 | 5.625% | — | 113 | +$398 | |
| 12 | $5,942 | 5.625% | — | 134 | +$509 | |
| 13 | $5,967 | 5.750% | — | 98 | +$534 | |
| 14 | $6,056 | 5.625% | — | 91 | +$623 | |
| 15 | $6,119 | 5.750% | — | 201 | +$686 | |
| 16 | $6,445 | 5.875% | — | 83 | +$1,012 | |
| 17 | $6,521 | 6.000% | — | 56 | +$1,088 | |
| 18 | $6,775 | 5.750% | — | 109 | +$1,342 | |
| 19 | $7,475 | 5.688% | — | 62 | +$2,042 | |
| 20 | $9,304 | 5.750% | — | 102 | +$3,871 |
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 | Manufacturers and Traders Trust Company | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $385,000 | $335,000 | +$50,000 (+14.9%) |
| Median total closing costs | $5,433 | $7,127 | −$1,694 (−23.8%) |
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.