Purchase Originations
324
Median Total Costs
$14,171
+112.1% vs national ($6,680)
↓ $885 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$7,634
Median Lender Credits
$366
Denial Rate
22.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 195 | 6.875% | $11,763 | $7,890 |
| fha | 112 | 6.625% | $19,960 | $7,315 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 192 | 6.750% | $15,830 | #67 |
| New York | 55 | 6.750% | $17,477 | #149 |
| Pennsylvania | 24 | 6.688% | $11,926 | — |
| Texas | 14 | 6.375% | $12,475 | — |
| Florida | 10 | 6.870% | $8,174 | — |
| Michigan | 5 | 6.625% | $6,850 | — |
| North Carolina | 5 | 6.625% | $11,554 | — |
| Colorado | 3 | 7.000% | $8,726 | — |
| Delaware | 3 | 6.625% | $10,842 | — |
| Alabama | 2 | 6.812% | $8,369 | — |
| Arizona | 2 | 6.188% | $9,497 | — |
| Connecticut | 2 | 6.938% | $11,785 | — |
| Missouri | 2 | 6.188% | $10,477 | — |
| Georgia | 1 | 5.990% | $8,634 | — |
| Illinois | 1 | 6.125% | $13,753 | — |
| Kansas | 1 | 6.900% | $13,515 | — |
| Ohio | 1 | 6.500% | $9,734 | — |
| Virginia | 1 | 6.875% | $6,574 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,317 | 6.625% | — | 4 | −$6,854 | |
| 2 | $9,124 | 6.624% | — | 4 | −$5,047 | |
| 3 | $10,609 | 6.750% | — | 13 | −$3,562 | |
| 4 | $10,879 | 6.750% | — | 11 | −$3,292 | |
| 5 | $11,339 | 6.750% | — | 6 | −$2,832 | |
| 6 | $12,865 | 6.933% | — | 4 | −$1,306 | |
| 7 | $13,052 | 6.625% | — | 7 | −$1,119 | |
| 8 | $14,475 | 6.990% | — | 9 | +$304 | |
| 9 | $14,528 | 6.500% | — | 13 | +$357 | |
| 10 | $15,020 | 6.438% | — | 4 | +$849 | |
| 11 | $15,065 | 6.625% | — | 19 | +$894 | |
| 12 | $15,169 | 6.812% | — | 4 | +$998 | |
| 13 | $15,702 | 6.875% | — | 14 | +$1,531 | |
| 14 | $17,352 | 6.750% | — | 21 | +$3,181 | |
| 15 | $17,822 | 6.812% | — | 10 | +$3,651 | |
| 16 | $18,417 | 6.812% | — | 28 | +$4,246 | |
| 17 | $18,622 | 6.625% | — | 24 | +$4,451 | |
| 18 | $19,460 | 6.750% | — | 24 | +$5,289 | |
| 19 | $21,863 | 6.625% | — | 5 | +$7,692 | |
| 20 | $21,991 | 6.875% | — | 17 | +$7,820 |
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 | MLB Residential Lending, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $420,000 | $335,000 | +$85,000 (+25.4%) |
| Median total closing costs | $14,171 | $7,127 | +$7,044 (+98.8%) |
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.