Purchase Originations
3,999
Ranked #123 nationally
Median Total Costs
$5,468
−18.1% vs national ($6,680)
↓ $338 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,595
Median Lender Credits
$86
Cost Rank (500+ vol.)
#237
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 | 2,426 | 6.625% | $4,680 | $1,645 |
| fha | 1,121 | 6.740% | $7,751 | $104 |
| va | 381 | 6.625% | $5,915 | $1,595 |
| usda | 71 | 6.750% | $3,675 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Wisconsin | 668 | 6.625% | $3,890 | #21 |
| Texas | 531 | 6.500% | $7,144 | #112 |
| Ohio | 444 | 6.750% | $5,107 | #62 |
| Arizona | 410 | 6.500% | $5,933 | #46 |
| Missouri | 269 | 6.875% | $4,661 | #43 |
| Oregon | 222 | 6.500% | $5,238 | #40 |
| Mississippi | 156 | 6.625% | $6,049 | #36 |
| Nevada | 155 | 6.500% | $4,949 | #47 |
| Indiana | 152 | 6.750% | $4,348 | #101 |
| Illinois | 123 | 6.875% | $7,876 | #134 |
| California | 97 | 6.625% | $7,978 | #203 |
| Minnesota | 94 | 6.750% | $5,248 | #93 |
| New Jersey | 94 | 6.750% | $10,514 | #114 |
| New Mexico | 85 | 6.875% | $4,968 | #45 |
| Tennessee | 73 | 6.500% | $6,328 | #149 |
| Florida | 68 | 6.750% | $6,340 | #283 |
| Louisiana | 52 | 7.250% | $5,293 | #84 |
| North Dakota | 33 | 6.500% | $4,636 | — |
| Virginia | 30 | 6.562% | $7,083 | — |
| North Carolina | 28 | 6.500% | $5,979 | — |
| Massachusetts | 26 | 6.750% | $6,828 | — |
| Alabama | 24 | 6.750% | $4,727 | — |
| Pennsylvania | 17 | 6.625% | $9,891 | — |
| South Carolina | 16 | 6.625% | $6,121 | — |
| West Virginia | 16 | 6.750% | $4,828 | — |
| Colorado | 14 | 6.875% | $6,020 | — |
| Maryland | 14 | 6.312% | $3,328 | — |
| Michigan | 14 | 6.750% | $4,307 | — |
| Kentucky | 13 | 6.750% | $5,545 | — |
| Georgia | 11 | 6.625% | $5,851 | — |
| Oklahoma | 11 | 6.875% | $5,186 | — |
| Delaware | 8 | 6.688% | $5,511 | — |
| Arkansas | 5 | 6.750% | $5,306 | — |
| Connecticut | 5 | 6.500% | $5,348 | — |
| New Hampshire | 5 | 6.500% | $8,857 | — |
| New York | 4 | 6.250% | $6,559 | — |
| Utah | 3 | 6.875% | $2,432 | — |
| Washington | 3 | 6.125% | $6,236 | — |
| Maine | 2 | 6.625% | $11,767 | — |
| Idaho | 1 | 5.875% | $7,996 | — |
| Montana | 1 | 6.375% | $4,155 | — |
| South Dakota | 1 | 6.990% | $3,623 | — |
| Wyoming | 1 | 7.125% | $1,463 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,546 | 6.625% | — | 93 | −$1,922 | |
| 2 | $3,621 | 6.750% | — | 63 | −$1,847 | |
| 3 | $3,730 | 6.625% | — | 64 | −$1,738 | |
| 4 | $4,101 | 6.625% | — | 62 | −$1,367 | |
| 5 | $4,442 | 6.750% | — | 82 | −$1,026 | |
| 6 | $4,609 | 6.875% | — | 103 | −$859 | |
| 7 | $4,626 | 6.812% | — | 74 | −$842 | |
| 8 | $4,984 | 6.500% | — | 139 | −$484 | |
| 9 | $5,011 | 6.500% | — | 150 | −$457 | |
| 10 | $5,134 | 6.750% | — | 92 | −$334 | |
| 11 | $5,212 | 6.750% | — | 73 | −$256 | |
| 12 | $5,633 | 6.500% | — | 70 | +$165 | |
| 13 | $5,655 | 6.375% | — | 61 | +$187 | |
| 14 | $5,889 | 6.500% | — | 258 | +$421 | |
| 15 | $6,331 | 6.500% | — | 124 | +$863 | |
| 16 | $6,390 | 6.562% | — | 106 | +$922 | |
| 17 | $6,394 | 6.250% | — | 69 | +$926 | |
| 18 | $7,395 | 6.750% | — | 66 | +$1,927 | |
| 19 | $7,934 | 6.625% | — | 64 | +$2,466 | |
| 20 | $8,498 | 6.875% | — | 65 | +$3,030 |
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 | Nations Lending Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $5,468 | $7,127 | −$1,659 (−23.3%) |
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.