Purchase Originations
393
Median Total Costs
$3,629
−45.7% vs national ($6,680)
↑ $237 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$850
Median Lender Credits
$500
Denial Rate
3.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 247 | 6.490% | $3,162 | $850 |
| fha | 93 | 5.990% | $7,416 | $850 |
| va | 48 | 5.990% | $5,944 | $850 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Missouri | 193 | 6.250% | $3,561 | #59 |
| Illinois | 161 | 6.000% | $3,338 | #114 |
| Tennessee | 18 | 6.058% | $10,512 | — |
| Arkansas | 2 | 6.562% | $2,817 | — |
| Oklahoma | 2 | 6.124% | $7,434 | — |
| Texas | 2 | 6.500% | $6,268 | — |
| Virginia | 2 | 6.250% | $15,076 | — |
| Washington | 2 | 6.375% | $3,665 | — |
| Alaska | 1 | 5.125% | $4,211 | — |
| Arizona | 1 | 6.625% | $3,815 | — |
| Colorado | 1 | 5.125% | $16,116 | — |
| Idaho | 1 | 6.125% | $3,494 | — |
| Indiana | 1 | 5.750% | $5,927 | — |
| Louisiana | 1 | 6.875% | $4,385 | — |
| New York | 1 | 6.500% | $5,621 | — |
| Ohio | 1 | 6.750% | $3,656 | — |
| Pennsylvania | 1 | 6.250% | $10,033 | — |
| South Carolina | 1 | 7.000% | $5,843 | — |
| Wisconsin | 1 | 5.990% | $3,173 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,322 | 6.375% | — | 2 | −$1,307 | |
| 2 | $2,818 | 6.249% | — | 2 | −$811 | |
| 3 | $2,836 | 5.750% | — | 2 | −$793 | |
| 4 | $2,960 | 5.995% | — | 98 | −$669 | |
| 5 | $3,114 | 6.125% | — | 47 | −$515 | |
| 6 | $3,412 | 6.375% | — | 21 | −$217 | |
| 7 | $3,494 | 6.125% | — | 1 | −$135 | |
| 8 | $3,520 | 6.375% | — | 109 | −$109 | |
| 9 | $3,568 | 6.250% | — | 27 | −$61 | |
| 10 | $3,707 | 6.500% | — | 2 | +$78 | |
| 11 | $4,115 | 6.062% | — | 22 | +$486 | |
| 12 | $4,670 | 5.870% | — | 4 | +$1,041 | |
| 13 | $4,780 | 5.688% | — | 2 | +$1,151 | |
| 14 | $5,025 | 6.058% | — | 4 | +$1,396 | |
| 15 | $5,842 | 6.625% | — | 2 | +$2,213 | |
| 16 | $7,802 | 6.125% | — | 7 | +$4,173 | |
| 17 | $12,505 | 6.183% | — | 2 | +$8,876 | |
| 18 | $13,193 | 5.938% | — | 2 | +$9,564 | |
| 19 | $13,316 | 5.558% | — | 2 | +$9,687 | |
| 20 | $16,116 | 5.125% | — | 1 | +$12,487 |
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 | Midwest BankCentre | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $3,629 | $7,127 | −$3,498 (−49.1%) |
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.