Purchase Originations
328
Median Total Costs
$4,453
−33.3% vs national ($6,680)
↓ $183 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,400
Median Lender Credits
$140
Denial Rate
5.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 328 | 6.625% | $4,453 | $1,400 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 105 | 6.625% | $6,542 | #194 |
| New York | 92 | 6.750% | $4,347 | #126 |
| Michigan | 49 | 6.875% | $4,265 | — |
| District of Columbia | 26 | 6.500% | $3,537 | — |
| Maryland | 20 | 6.500% | $3,299 | — |
| Washington | 19 | 6.625% | $5,200 | — |
| New Jersey | 5 | 6.500% | $4,366 | — |
| Illinois | 3 | 6.625% | $4,675 | — |
| Massachusetts | 3 | 6.500% | $4,276 | — |
| Ohio | 2 | 6.375% | $3,478 | — |
| Virginia | 2 | 6.750% | $3,204 | — |
| Florida | 1 | 6.375% | $6,261 | — |
| Minnesota | 1 | 6.875% | $3,503 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,860 | 6.438% | — | 4 | −$1,593 | |
| 2 | $3,320 | 6.500% | — | 14 | −$1,133 | |
| 3 | $3,478 | 6.375% | — | 2 | −$975 | |
| 4 | $3,537 | 6.500% | — | 26 | −$916 | |
| 5 | $4,224 | 6.688% | — | 36 | −$229 | |
| 6 | $4,260 | 6.750% | — | 12 | −$193 | |
| 7 | $4,265 | 6.875% | — | 27 | −$188 | |
| 8 | $4,265 | 6.875% | — | 17 | −$188 | |
| 9 | $4,315 | 7.000% | — | 4 | −$138 | |
| 10 | $4,342 | 6.750% | — | 21 | −$111 | |
| 11 | $4,402 | 6.875% | — | 7 | −$51 | |
| 12 | $4,402 | 6.625% | — | 5 | −$51 | |
| 13 | $4,632 | 6.875% | — | 11 | +$179 | |
| 14 | $4,735 | 6.688% | — | 2 | +$282 | |
| 15 | $5,169 | 6.625% | — | 18 | +$716 | |
| 16 | $5,456 | 6.750% | — | 3 | +$1,003 | |
| 17 | $5,569 | 6.562% | — | 2 | +$1,116 | |
| 18 | $5,989 | 7.000% | — | 4 | +$1,536 | |
| 19 | $6,584 | 6.375% | — | 62 | +$2,131 | |
| 20 | $6,648 | 7.250% | — | 36 | +$2,195 |
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 | National Cooperative Bank, N.A. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $4,453 | $7,127 | −$2,674 (−37.5%) |
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.