Purchase Originations
413
Median Total Costs
$9,813
+46.9% vs national ($6,680)
↑ $452 vs prior year
Median Rate
5.750%
−11.4% vs national (6.490%)
↓ 0.750% vs prior year
Median Origination
$4,134
Median Lender Credits
$5,000
Denial Rate
0.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 324 | 5.750% | $10,522 | $3,972 |
| usda | 63 | 5.750% | $8,198 | $4,228 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Puerto Rico | 413 | 5.750% | $9,813 | #9 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $8,148 | 6.000% | — | 5 | −$1,665 | |
| 2 | $8,215 | 5.750% | — | 9 | −$1,598 | |
| 3 | $8,225 | 6.250% | — | 8 | −$1,588 | |
| 4 | $9,302 | 5.750% | — | 29 | −$511 | |
| 5 | $9,339 | 5.750% | — | 9 | −$474 | |
| 6 | $9,589 | 5.750% | — | 6 | −$224 | |
| 7 | $9,687 | 5.750% | — | 15 | −$126 | |
| 8 | $9,712 | 5.875% | — | 14 | −$101 | |
| 9 | $10,231 | 5.750% | — | 14 | +$418 | |
| 10 | $10,264 | 5.750% | — | 7 | +$451 | |
| 11 | $10,287 | 5.750% | — | 47 | +$474 | |
| 12 | $10,291 | 6.250% | — | 9 | +$478 | |
| 13 | $10,512 | 6.000% | — | 47 | +$699 | |
| 14 | $10,606 | 6.000% | — | 11 | +$793 | |
| 15 | $10,699 | 6.000% | — | 15 | +$886 | |
| 16 | $10,873 | 5.750% | — | 46 | +$1,060 | |
| 17 | $11,350 | 6.000% | — | 7 | +$1,537 | |
| 18 | $13,663 | 5.750% | — | 8 | +$3,850 | |
| 19 | $13,910 | 5.750% | — | 6 | +$4,097 | |
| 20 | $14,003 | 5.750% | — | 12 | +$4,190 |
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 | Metro Island Mortgage, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $155,000 | $335,000 | −$180,000 (−53.7%) |
| Median total closing costs | $9,813 | $7,127 | +$2,686 (+37.7%) |
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.