Purchase Originations
67,212
Ranked #4 nationally
Median Total Costs
$4,704
−29.6% vs national ($6,680)
↓ $503 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$0
Median Lender Credits
$638
Cost Rank (500+ vol.)
#167
among lenders with 500+ originations
Denial Rate
6.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 62,228 | 6.250% | $4,718 | $0 |
| fha | 2,578 | 6.625% | $5,752 | $0 |
| conventional | 2,252 | 6.625% | $3,196 | $966 |
| usda | 154 | 6.500% | $2,976 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 6,161 | 6.250% | $4,941 | #7 |
| Florida | 4,631 | 6.250% | $5,143 | #6 |
| North Carolina | 3,799 | 6.250% | $5,270 | #7 |
| Virginia | 3,677 | 6.250% | $6,366 | #3 |
| Georgia | 3,422 | 6.375% | $4,343 | #4 |
| Tennessee | 2,609 | 6.250% | $3,673 | #5 |
| Ohio | 2,602 | 6.500% | $4,595 | #6 |
| Illinois | 2,331 | 6.375% | $4,555 | #7 |
| Missouri | 2,311 | 6.500% | $3,675 | #5 |
| Pennsylvania | 2,150 | 6.500% | $5,198 | #6 |
| Alabama | 2,022 | 6.375% | $2,969 | #3 |
| California | 1,988 | 6.125% | $6,253 | #22 |
| Michigan | 1,899 | 6.375% | $3,904 | #8 |
| South Carolina | 1,820 | 6.250% | $4,734 | #7 |
| Indiana | 1,819 | 6.375% | $3,725 | #6 |
| Oklahoma | 1,600 | 6.500% | $3,220 | #3 |
| Kentucky | 1,343 | 6.500% | $4,078 | #4 |
| Wisconsin | 1,337 | 6.250% | $4,917 | #8 |
| Arizona | 1,258 | 6.250% | $4,543 | #13 |
| Washington | 1,239 | 6.250% | $6,532 | #12 |
| Maryland | 1,098 | 6.125% | $7,049 | #9 |
| Kansas | 1,073 | 6.250% | $4,071 | #3 |
| Colorado | 1,051 | 6.125% | $4,709 | #11 |
| Mississippi | 1,016 | 6.500% | $3,636 | #3 |
| Arkansas | 984 | 6.500% | $2,823 | #5 |
| Minnesota | 914 | 6.250% | $4,573 | #14 |
| Louisiana | 904 | 6.500% | $3,245 | #9 |
| New York | 803 | 6.375% | $5,636 | #29 |
| Nebraska | 791 | 6.250% | $4,442 | #4 |
| Iowa | 772 | 6.375% | $3,827 | #6 |
| Nevada | 682 | 6.250% | $4,644 | #8 |
| New Mexico | 649 | 6.250% | $4,754 | #6 |
| Oregon | 644 | 6.250% | $3,730 | #12 |
| New Jersey | 643 | 6.250% | $8,369 | #26 |
| West Virginia | 638 | 6.500% | $3,544 | #2 |
| Massachusetts | 532 | 6.250% | $7,319 | #23 |
| Connecticut | 405 | 6.250% | $7,850 | #13 |
| Idaho | 400 | 6.188% | $5,458 | #12 |
| Maine | 374 | 6.500% | $4,162 | #6 |
| Alaska | 373 | 6.250% | $7,665 | #4 |
| Utah | 355 | 6.125% | $4,926 | #18 |
| Montana | 343 | 6.250% | $4,737 | #8 |
| Hawaii | 294 | 6.125% | $8,376 | #6 |
| New Hampshire | 282 | 6.250% | $6,362 | #8 |
| South Dakota | 243 | 6.250% | $5,122 | #8 |
| Wyoming | 230 | 6.250% | $3,838 | #6 |
| North Dakota | 222 | 6.250% | $5,117 | #6 |
| Delaware | 146 | 6.250% | $6,337 | #20 |
| Rhode Island | 143 | 6.250% | $7,577 | #14 |
| Vermont | 131 | 6.500% | $6,024 | #9 |
| District of Columbia | 59 | 5.990% | $10,050 | #23 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,183 | 6.250% | — | 258 | −$521 | |
| 2 | $4,631 | 6.250% | — | 421 | −$73 | |
| 3 | $4,654 | 6.125% | — | 488 | −$50 | |
| 4 | $4,826 | 6.250% | — | 368 | +$122 | |
| 5 | $4,972 | 6.250% | — | 469 | +$268 | |
| 6 | $5,090 | 6.125% | — | 515 | +$386 | |
| 7 | $5,172 | 6.375% | — | 395 | +$468 | |
| 8 | $5,210 | 6.125% | — | 707 | +$506 | |
| 9 | $5,477 | 6.250% | — | 464 | +$773 | |
| 10 | $5,725 | 6.125% | — | 275 | +$1,021 | |
| 11 | $5,893 | 6.250% | — | 620 | +$1,189 | |
| 12 | $6,492 | 6.250% | — | 372 | +$1,788 | |
| 13 | $6,507 | 6.250% | — | 462 | +$1,803 | |
| 14 | $6,593 | 6.250% | — | 363 | +$1,889 | |
| 15 | $6,743 | 6.125% | — | 280 | +$2,039 | |
| 16 | $6,987 | 6.250% | — | 322 | +$2,283 | |
| 17 | $7,300 | 6.125% | — | 360 | +$2,596 | |
| 18 | $7,322 | 6.250% | — | 359 | +$2,618 | |
| 19 | $7,471 | 6.250% | — | 322 | +$2,767 | |
| 20 | $10,062 | 6.125% | — | 307 | +$5,358 |
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 Research Center, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $305,000 | $335,000 | −$30,000 (−9.0%) |
| Median total closing costs | $4,704 | $7,127 | −$2,423 (−34.0%) |
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.