Purchase Originations
226
Median Total Costs
$4,850
−27.4% vs national ($6,680)
↓ $405 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$175
Median Lender Credits
$200
Denial Rate
7.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 190 | 6.624% | $4,531 | $0 |
| fha | 30 | 6.250% | $14,502 | $1,847 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 180 | 6.500% | $5,053 | #96 |
| Massachusetts | 23 | 6.990% | $2,811 | — |
| Virginia | 6 | 6.562% | $6,175 | — |
| Florida | 3 | 6.125% | $12,145 | — |
| New Jersey | 3 | 6.990% | $13,068 | — |
| South Carolina | 3 | 6.875% | $6,142 | — |
| Maryland | 2 | 6.375% | $39,132 | — |
| Connecticut | 1 | 6.625% | $3,693 | — |
| Georgia | 1 | 6.750% | $5,973 | — |
| Maine | 1 | 6.500% | $2,100 | — |
| North Carolina | 1 | 6.500% | $11,136 | — |
| New Hampshire | 1 | 7.490% | $4,293 | — |
| Pennsylvania | 1 | 6.750% | $14,262 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,426 | 7.000% | — | 5 | −$2,424 | |
| 2 | $2,468 | 6.750% | — | 2 | −$2,382 | |
| 3 | $2,482 | 6.688% | — | 4 | −$2,368 | |
| 4 | $2,690 | 7.058% | — | 2 | −$2,160 | |
| 5 | $2,811 | 7.125% | — | 7 | −$2,039 | |
| 6 | $2,875 | 6.490% | — | 5 | −$1,975 | |
| 7 | $3,794 | 7.125% | — | 3 | −$1,056 | |
| 8 | $3,900 | 6.750% | — | 14 | −$950 | |
| 9 | $4,001 | 6.500% | — | 5 | −$849 | |
| 10 | $4,121 | 6.100% | — | 5 | −$729 | |
| 11 | $4,844 | 6.490% | — | 77 | −$6 | |
| 12 | $5,276 | 5.990% | — | 3 | +$426 | |
| 13 | $6,175 | 6.562% | — | 2 | +$1,325 | |
| 14 | $6,269 | 6.500% | — | 33 | +$1,419 | |
| 15 | $6,490 | 6.812% | — | 12 | +$1,640 | |
| 16 | $7,264 | 6.875% | — | 3 | +$2,414 | |
| 17 | $12,521 | 6.000% | — | 2 | +$7,671 | |
| 18 | $13,442 | 6.475% | — | 3 | +$8,592 | |
| 19 | $32,082 | 6.124% | — | 3 | +$27,232 | |
| 20 | $39,132 | 6.375% | — | 2 | +$34,282 |
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 | Mid-Island Mortgage Corp. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $455,000 | $335,000 | +$120,000 (+35.8%) |
| Median total closing costs | $4,850 | $7,127 | −$2,277 (−31.9%) |
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.