Purchase Originations
1,872
Ranked #236 nationally
Median Total Costs
$9,620
+44.0% vs national ($6,680)
↑ $220 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$2,788
Median Lender Credits
$1,528
Cost Rank (500+ vol.)
#528
among lenders with 500+ originations
Denial Rate
1.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 1,006 | 6.375% | $11,240 | $3,271 |
| conventional | 597 | 6.750% | $6,688 | $2,725 |
| va | 211 | 6.250% | $8,299 | $1,958 |
| usda | 58 | 6.495% | $6,547 | $2,528 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 1,580 | 6.490% | $10,181 | #41 |
| Arkansas | 192 | 6.750% | $7,318 | #39 |
| Louisiana | 44 | 6.375% | $7,208 | — |
| Tennessee | 32 | 6.812% | $8,363 | — |
| Mississippi | 17 | 6.750% | $9,430 | — |
| South Carolina | 3 | 6.500% | $10,231 | — |
| Oklahoma | 2 | 6.562% | $8,891 | — |
| Alabama | 1 | 7.250% | $7,856 | — |
| Florida | 1 | 6.490% | $5,164 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,156 | 6.625% | — | 83 | −$2,464 | |
| 2 | $7,167 | 6.750% | — | 63 | −$2,453 | |
| 3 | $7,505 | 6.625% | — | 24 | −$2,115 | |
| 4 | $8,096 | 6.688% | — | 28 | −$1,524 | |
| 5 | $8,149 | 6.625% | — | 49 | −$1,471 | |
| 6 | $8,305 | 6.625% | — | 244 | −$1,315 | |
| 7 | $8,355 | 6.500% | — | 25 | −$1,265 | |
| 8 | $8,782 | 6.624% | — | 21 | −$838 | |
| 9 | $9,699 | 6.433% | — | 90 | +$79 | |
| 10 | $10,569 | 6.490% | — | 131 | +$949 | |
| 11 | $10,651 | 6.125% | — | 19 | +$1,031 | |
| 12 | $10,788 | 6.500% | — | 20 | +$1,168 | |
| 13 | $11,250 | 6.125% | — | 25 | +$1,630 | |
| 14 | $11,293 | 6.125% | — | 43 | +$1,673 | |
| 15 | $11,599 | 6.250% | — | 41 | +$1,979 | |
| 16 | $11,693 | 6.250% | — | 94 | +$2,073 | |
| 17 | $11,927 | 6.624% | — | 28 | +$2,307 | |
| 18 | $12,632 | 6.375% | — | 121 | +$3,012 | |
| 19 | $12,841 | 6.124% | — | 103 | +$3,221 | |
| 20 | $13,870 | 6.500% | — | 37 | +$4,250 |
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 Financial Services, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $9,620 | $7,127 | +$2,493 (+35.0%) |
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.