Purchase Originations
3,704
Ranked #138 nationally
Median Total Costs
$6,835
+2.3% vs national ($6,680)
↑ $332 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,307
Median Lender Credits
$500
Cost Rank (500+ vol.)
#352
among lenders with 500+ originations
Denial Rate
3.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,945 | 6.625% | $5,162 | $2,356 |
| fha | 1,307 | 6.375% | $9,865 | $2,548 |
| va | 262 | 6.250% | $4,897 | $1,250 |
| usda | 190 | 6.250% | $6,829 | $2,115 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Tennessee | 2,690 | 6.500% | $6,901 | #4 |
| Mississippi | 258 | 6.500% | $7,054 | #22 |
| North Carolina | 178 | 6.375% | $8,547 | #112 |
| Georgia | 131 | 6.490% | $8,968 | #126 |
| Alabama | 129 | 6.490% | $5,535 | #78 |
| Arkansas | 123 | 6.490% | $5,134 | #62 |
| Kentucky | 117 | 6.625% | $5,829 | #79 |
| South Carolina | 35 | 6.625% | $6,502 | — |
| Virginia | 25 | 6.625% | $4,604 | — |
| Florida | 13 | 6.625% | $6,569 | — |
| Montana | 4 | 6.125% | $8,084 | — |
| Colorado | 1 | 5.490% | $10,370 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,574 | 6.688% | — | 36 | −$2,261 | |
| 2 | $5,190 | 6.500% | — | 39 | −$1,645 | |
| 3 | $5,307 | 6.375% | — | 53 | −$1,528 | |
| 4 | $5,704 | 6.625% | — | 55 | −$1,131 | |
| 5 | $5,993 | 6.500% | — | 86 | −$842 | |
| 6 | $6,101 | 6.625% | — | 191 | −$734 | |
| 7 | $6,252 | 6.490% | — | 67 | −$583 | |
| 8 | $6,301 | 6.495% | — | 98 | −$534 | |
| 9 | $6,522 | 6.624% | — | 103 | −$313 | |
| 10 | $6,794 | 6.500% | — | 147 | −$41 | |
| 11 | $6,810 | 6.500% | — | 63 | −$25 | |
| 12 | $6,860 | 6.500% | — | 711 | +$25 | |
| 13 | $7,015 | 6.500% | — | 40 | +$180 | |
| 14 | $7,027 | 6.490% | — | 50 | +$192 | |
| 15 | $7,089 | 6.490% | — | 111 | +$254 | |
| 16 | $7,444 | 6.625% | — | 50 | +$609 | |
| 17 | $7,598 | 6.490% | — | 173 | +$763 | |
| 18 | $7,643 | 6.250% | — | 37 | +$808 | |
| 19 | $8,681 | 6.562% | — | 42 | +$1,846 | |
| 20 | $8,915 | 6.250% | — | 47 | +$2,080 |
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 Investors Group, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $6,835 | $7,127 | −$292 (−4.1%) |
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.