Purchase Originations
1,343
Ranked #301 nationally
Median Total Costs
$4,227
−36.7% vs national ($6,680)
↑ $453 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,400
Median Lender Credits
$829
Cost Rank (500+ vol.)
#127
among lenders with 500+ originations
Denial Rate
2.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,254 | 6.250% | $4,167 | $1,400 |
| fha | 73 | 6.500% | $7,667 | $1,466 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Michigan | 1,187 | 6.250% | $4,202 | #13 |
| Illinois | 57 | 6.375% | $6,257 | #182 |
| Wisconsin | 39 | 6.375% | $3,859 | — |
| Ohio | 34 | 6.500% | $4,630 | — |
| Florida | 10 | 6.250% | $6,036 | — |
| Iowa | 8 | 6.438% | $3,174 | — |
| Indiana | 3 | 6.125% | $3,292 | — |
| Georgia | 2 | 6.688% | $4,380 | — |
| North Carolina | 1 | 6.000% | $4,779 | — |
| Tennessee | 1 | 7.625% | $3,281 | — |
| Virginia | 1 | 6.375% | $10,991 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,569 | 6.375% | — | 26 | −$658 | |
| 2 | $3,856 | 6.250% | — | 15 | −$371 | |
| 3 | $3,871 | 6.375% | — | 45 | −$356 | |
| 4 | $3,883 | 6.250% | — | 17 | −$344 | |
| 5 | $3,975 | 6.375% | — | 52 | −$252 | |
| 6 | $3,989 | 6.375% | — | 60 | −$238 | |
| 7 | $3,992 | 6.250% | — | 12 | −$235 | |
| 8 | $4,027 | 6.375% | — | 18 | −$200 | |
| 9 | $4,042 | 6.125% | — | 13 | −$185 | |
| 10 | $4,055 | 6.375% | — | 22 | −$172 | |
| 11 | $4,076 | 6.250% | — | 24 | −$151 | |
| 12 | $4,290 | 6.375% | — | 137 | +$63 | |
| 13 | $4,292 | 6.375% | — | 196 | +$65 | |
| 14 | $4,297 | 6.250% | — | 38 | +$70 | |
| 15 | $4,395 | 6.250% | — | 247 | +$168 | |
| 16 | $4,430 | 6.250% | — | 33 | +$203 | |
| 17 | $4,462 | 6.250% | — | 111 | +$235 | |
| 18 | $4,692 | 6.250% | — | 16 | +$465 | |
| 19 | $6,227 | 6.625% | — | 13 | +$2,000 | |
| 20 | $6,412 | 6.500% | — | 13 | +$2,185 |
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 | Mortgage Center L.C. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $4,227 | $7,127 | −$2,900 (−40.7%) |
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.