Purchase Originations
606
Ranked #562 nationally
Median Total Costs
$7,636
+14.3% vs national ($6,680)
Median Rate
6.500%
+0.1% vs national (6.490%)
Median Origination
$2,529
Median Lender Credits
$5,000
Cost Rank (500+ vol.)
#418
among lenders with 500+ originations
Denial Rate
0.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 318 | 6.625% | $5,361 | $2,519 |
| fha | 207 | 6.500% | $9,784 | $2,696 |
| va | 66 | 6.250% | $8,130 | $2,159 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Carolina | 531 | 6.625% | $7,632 | #29 |
| North Carolina | 40 | 6.433% | $7,465 | — |
| Virginia | 13 | 6.375% | $9,647 | — |
| Arizona | 7 | 6.125% | $8,025 | — |
| Alabama | 4 | 6.562% | $6,365 | — |
| Florida | 4 | 6.438% | $8,238 | — |
| Georgia | 3 | 6.625% | $9,784 | — |
| Maryland | 2 | 6.183% | $6,647 | — |
| Ohio | 1 | 7.250% | $3,908 | — |
| Texas | 1 | 5.490% | $14,744 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,148 | 6.183% | — | 2 | −$3,488 | |
| 2 | $4,958 | 6.125% | — | 3 | −$2,678 | |
| 3 | $5,793 | 6.375% | — | 3 | −$1,843 | |
| 4 | $5,892 | 6.250% | — | 5 | −$1,744 | |
| 5 | $6,365 | 6.562% | — | 4 | −$1,271 | |
| 6 | $6,473 | 6.625% | — | 130 | −$1,163 | |
| 7 | $6,629 | 6.375% | — | 4 | −$1,007 | |
| 8 | $7,071 | 6.312% | — | 6 | −$565 | |
| 9 | $7,292 | 6.490% | — | 5 | −$344 | |
| 10 | $7,790 | 6.750% | — | 68 | +$154 | |
| 11 | $7,855 | 6.625% | — | 87 | +$219 | |
| 12 | $7,885 | 6.490% | — | 114 | +$249 | |
| 13 | $7,925 | 6.558% | — | 4 | +$289 | |
| 14 | $8,068 | 6.490% | — | 81 | +$432 | |
| 15 | $8,142 | 6.375% | — | 12 | +$506 | |
| 16 | $9,207 | 6.750% | — | 4 | +$1,571 | |
| 17 | $9,301 | 6.188% | — | 6 | +$1,665 | |
| 18 | $9,406 | 6.000% | — | 21 | +$1,770 | |
| 19 | $9,781 | 6.625% | — | 2 | +$2,145 | |
| 20 | $10,108 | 6.990% | — | 3 | +$2,472 |
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 | New Story Lending LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $7,636 | $7,127 | +$509 (+7.1%) |
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.