Purchase Originations
131
Median Total Costs
$5,067
−24.1% vs national ($6,680)
↑ $55 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$2,750
Median Lender Credits
$150
Denial Rate
8.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 131 | 6.625% | $5,067 | $2,750 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,413 | 8.750% | — | 1 | −$654 | |
| 2 | $4,441 | 6.375% | — | 1 | −$626 | |
| 3 | $4,507 | 6.375% | — | 3 | −$560 | |
| 4 | $4,528 | 5.875% | — | 7 | −$539 | |
| 5 | $4,838 | 5.812% | — | 2 | −$229 | |
| 6 | $4,864 | 6.625% | — | 8 | −$203 | |
| 7 | $4,992 | 7.125% | — | 13 | −$75 | |
| 8 | $5,045 | 6.625% | — | 39 | −$22 | |
| 9 | $5,144 | 6.500% | — | 27 | +$77 | |
| 10 | $5,224 | 6.938% | — | 14 | +$157 | |
| 11 | $5,243 | 6.625% | — | 1 | +$176 | |
| 12 | $6,157 | 6.000% | — | 3 | +$1,090 | |
| 13 | $6,426 | 6.625% | — | 7 | +$1,359 | |
| 14 | $6,602 | 6.000% | — | 1 | +$1,535 | |
| 15 | $6,840 | 7.500% | — | 1 | +$1,773 | |
| 16 | $7,277 | 6.500% | — | 1 | +$2,210 | |
| 17 | $8,218 | 6.875% | — | 2 | +$3,151 |
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 Cooperative | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $205,000 | $335,000 | −$130,000 (−38.8%) |
| Median total closing costs | $5,067 | $7,127 | −$2,060 (−28.9%) |
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.