Purchase Originations
465
Median Total Costs
$4,716
−29.4% vs national ($6,680)
↑ $312 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.125% vs prior year
Median Origination
$995
Median Lender Credits
$54
Denial Rate
13.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 413 | 6.750% | $4,584 | $995 |
| fha | 40 | 5.875% | $8,709 | $995 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 446 | 6.625% | $4,751 | #50 |
| Maryland | 4 | 6.875% | $5,658 | — |
| South Carolina | 3 | 7.250% | $4,085 | — |
| New Jersey | 2 | 6.750% | $4,210 | — |
| West Virginia | 2 | 6.812% | $3,280 | — |
| Arkansas | 1 | 6.625% | $2,982 | — |
| Florida | 1 | 6.250% | $8,003 | — |
| Illinois | 1 | 5.875% | $12,993 | — |
| North Carolina | 1 | 6.375% | $6,119 | — |
| New York | 1 | 6.625% | $4,665 | — |
| Ohio | 1 | 6.875% | $3,691 | — |
| Virginia | 1 | 6.000% | $13,808 | — |
| Wyoming | 1 | 6.375% | $2,494 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,982 | 6.625% | — | 1 | −$1,734 | |
| 2 | $3,358 | 6.375% | — | 2 | −$1,358 | |
| 3 | $4,004 | 6.812% | — | 4 | −$712 | |
| 4 | $4,353 | 6.625% | — | 17 | −$363 | |
| 5 | $4,479 | 6.625% | — | 80 | −$237 | |
| 6 | $4,496 | 6.812% | — | 18 | −$220 | |
| 7 | $4,576 | 6.875% | — | 5 | −$140 | |
| 8 | $4,598 | 6.625% | — | 75 | −$118 | |
| 9 | $4,616 | 6.750% | — | 85 | −$100 | |
| 10 | $4,808 | 6.625% | — | 67 | +$92 | |
| 11 | $4,869 | 6.562% | — | 6 | +$153 | |
| 12 | $4,907 | 6.750% | — | 19 | +$191 | |
| 13 | $5,020 | 6.500% | — | 5 | +$304 | |
| 14 | $5,111 | 6.625% | — | 13 | +$395 | |
| 15 | $5,123 | 6.750% | — | 4 | +$407 | |
| 16 | $5,858 | 6.125% | — | 4 | +$1,142 | |
| 17 | $8,034 | 6.250% | — | 15 | +$3,318 | |
| 18 | $8,428 | 6.625% | — | 10 | +$3,712 | |
| 19 | $8,437 | 6.562% | — | 8 | +$3,721 | |
| 20 | $9,029 | 6.625% | — | 5 | +$4,313 |
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 | Members 1st | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $245,000 | $335,000 | −$90,000 (−26.9%) |
| Median total closing costs | $4,716 | $7,127 | −$2,411 (−33.8%) |
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.