Purchase Originations
115
Median Total Costs
$2,416
−63.8% vs national ($6,680)
↑ $301 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$607
Median Lender Credits
$500
Denial Rate
4.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 115 | 6.500% | $2,416 | $607 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 115 | 6.500% | $2,416 | #125 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,859 | 5.625% | — | 1 | −$557 | |
| 2 | $1,906 | 6.375% | — | 31 | −$510 | |
| 3 | $1,961 | 6.500% | — | 3 | −$455 | |
| 4 | $2,023 | 6.375% | — | 53 | −$393 | |
| 5 | $2,789 | 6.000% | — | 6 | +$373 | |
| 6 | $2,813 | 6.500% | — | 4 | +$397 | |
| 7 | $2,964 | 6.250% | — | 4 | +$548 | |
| 8 | $3,018 | 6.750% | — | 1 | +$602 | |
| 9 | $3,025 | 6.500% | — | 1 | +$609 | |
| 10 | $3,035 | 6.500% | — | 1 | +$619 | |
| 11 | $3,142 | 6.625% | — | 3 | +$726 | |
| 12 | $3,910 | 6.625% | — | 1 | +$1,494 | |
| 13 | $4,157 | 6.500% | — | 1 | +$1,741 | |
| 14 | $4,840 | 6.750% | — | 1 | +$2,424 | |
| 15 | $5,046 | 6.812% | — | 4 | +$2,630 |
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 | Minster Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $225,000 | $335,000 | −$110,000 (−32.8%) |
| Median total closing costs | $2,416 | $7,127 | −$4,711 (−66.1%) |
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.