Purchase Originations
1,896
Ranked #231 nationally
Median Total Costs
$7,995
+19.7% vs national ($6,680)
↑ $263 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,854
Median Lender Credits
$256
Cost Rank (500+ vol.)
#438
among lenders with 500+ originations
Denial Rate
3.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,059 | 6.500% | $5,634 | $1,500 |
| fha | 653 | 6.250% | $11,633 | $2,513 |
| va | 156 | 6.125% | $10,691 | $1,960 |
| usda | 28 | 6.188% | $8,354 | $2,784 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maryland | 681 | 6.490% | $6,480 | #19 |
| Delaware | 492 | 6.250% | $10,401 | #4 |
| Pennsylvania | 440 | 6.500% | $6,966 | #51 |
| New Jersey | 158 | 6.500% | $9,772 | #73 |
| Virginia | 29 | 6.250% | $5,409 | — |
| Florida | 18 | 6.375% | $5,976 | — |
| North Carolina | 12 | 6.250% | $7,171 | — |
| Indiana | 10 | 6.625% | $4,775 | — |
| West Virginia | 7 | 6.125% | $5,153 | — |
| District of Columbia | 6 | 6.370% | $9,214 | — |
| Georgia | 5 | 6.250% | $5,642 | — |
| New York | 5 | 6.375% | $12,175 | — |
| South Carolina | 5 | 6.625% | $5,595 | — |
| Massachusetts | 3 | 6.375% | $4,838 | — |
| Ohio | 3 | 6.624% | $4,564 | — |
| Texas | 3 | 6.625% | $4,948 | — |
| Arkansas | 2 | 6.500% | $3,670 | — |
| Iowa | 2 | 6.183% | $2,697 | — |
| Mississippi | 2 | 6.125% | $8,138 | — |
| Tennessee | 2 | 6.625% | $5,995 | — |
| Washington | 2 | 6.125% | $4,848 | — |
| Alabama | 1 | 6.990% | $4,706 | — |
| Arizona | 1 | 6.990% | $5,719 | — |
| Illinois | 1 | 7.250% | $9,271 | — |
| Kansas | 1 | 6.250% | $12,645 | — |
| Kentucky | 1 | 6.375% | $8,200 | — |
| Maine | 1 | 6.625% | $6,628 | — |
| Minnesota | 1 | 7.375% | $4,472 | — |
| New Hampshire | 1 | 5.990% | $6,803 | — |
| Utah | 1 | 5.625% | $8,622 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,232 | 6.490% | — | 87 | −$2,763 | |
| 2 | $5,417 | 6.625% | — | 27 | −$2,578 | |
| 3 | $5,708 | 6.750% | — | 29 | −$2,287 | |
| 4 | $5,821 | 6.433% | — | 42 | −$2,174 | |
| 5 | $5,976 | 6.490% | — | 33 | −$2,019 | |
| 6 | $6,258 | 6.375% | — | 133 | −$1,737 | |
| 7 | $6,499 | 6.500% | — | 51 | −$1,496 | |
| 8 | $6,524 | 6.500% | — | 132 | −$1,471 | |
| 9 | $7,402 | 6.625% | — | 49 | −$593 | |
| 10 | $7,771 | 6.375% | — | 107 | −$224 | |
| 11 | $7,917 | 6.500% | — | 53 | −$78 | |
| 12 | $7,966 | 6.562% | — | 26 | −$29 | |
| 13 | $8,303 | 6.562% | — | 34 | +$308 | |
| 14 | $8,684 | 6.500% | — | 62 | +$689 | |
| 15 | $9,126 | 6.250% | — | 247 | +$1,131 | |
| 16 | $10,502 | 6.375% | — | 29 | +$2,507 | |
| 17 | $10,882 | 6.250% | — | 129 | +$2,887 | |
| 18 | $11,475 | 6.375% | — | 72 | +$3,480 | |
| 19 | $11,915 | 6.250% | — | 27 | +$3,920 | |
| 20 | $12,092 | 6.125% | — | 116 | +$4,097 |
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 | Meridian Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $315,000 | $335,000 | −$20,000 (−6.0%) |
| Median total closing costs | $7,995 | $7,127 | +$868 (+12.2%) |
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.