Purchase Originations
2,786
Ranked #168 nationally
Median Total Costs
$7,940
+18.9% vs national ($6,680)
↑ $1,282 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$3,442
Median Lender Credits
$1,429
Cost Rank (500+ vol.)
#436
among lenders with 500+ originations
Denial Rate
6.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,607 | 6.500% | $7,687 | $3,515 |
| fha | 106 | 6.000% | $14,876 | $4,486 |
| va | 73 | 6.125% | $7,581 | $1,670 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 697 | 6.500% | $8,524 | #88 |
| California | 394 | 6.375% | $13,047 | #97 |
| Georgia | 321 | 6.500% | $6,516 | #74 |
| Illinois | 145 | 6.875% | $6,721 | #119 |
| Washington | 122 | 6.375% | $9,350 | #95 |
| Arizona | 110 | 6.250% | $8,369 | #95 |
| Pennsylvania | 109 | 6.625% | $5,880 | #153 |
| Florida | 105 | 6.500% | $10,480 | #226 |
| Minnesota | 92 | 6.625% | $6,694 | #95 |
| Colorado | 74 | 6.375% | $7,376 | #125 |
| Virginia | 60 | 6.500% | $6,479 | #166 |
| Wisconsin | 54 | 6.625% | $4,235 | #135 |
| Missouri | 51 | 6.625% | $3,664 | #145 |
| Tennessee | 46 | 6.438% | $7,187 | — |
| North Carolina | 43 | 6.375% | $7,101 | — |
| Michigan | 35 | 6.875% | $4,323 | — |
| Kansas | 32 | 6.562% | $4,472 | — |
| Maryland | 31 | 6.500% | $11,090 | — |
| Ohio | 31 | 6.750% | $5,316 | — |
| Oklahoma | 25 | 6.500% | $10,528 | — |
| Massachusetts | 22 | 6.500% | $5,564 | — |
| Oregon | 22 | 6.562% | $7,085 | — |
| Connecticut | 20 | 6.375% | $10,282 | — |
| South Carolina | 19 | 6.250% | $8,427 | — |
| New Jersey | 18 | 6.500% | $9,663 | — |
| Alabama | 16 | 6.688% | $7,663 | — |
| New Hampshire | 13 | 6.625% | $4,713 | — |
| Nevada | 13 | 6.125% | $9,232 | — |
| Indiana | 11 | 6.625% | $7,972 | — |
| Utah | 10 | 6.125% | $7,272 | — |
| Arkansas | 7 | 6.750% | $8,577 | — |
| Iowa | 6 | 5.812% | $5,960 | — |
| Delaware | 4 | 6.500% | $4,707 | — |
| Idaho | 4 | 6.312% | $10,542 | — |
| Nebraska | 4 | 6.812% | $3,440 | — |
| New Mexico | 4 | 6.870% | $6,958 | — |
| Mississippi | 3 | 6.500% | $3,745 | — |
| Alaska | 2 | 6.250% | $7,091 | — |
| Hawaii | 2 | 6.938% | $7,072 | — |
| Kentucky | 2 | 6.938% | $4,789 | — |
| Maine | 2 | 6.625% | $14,507 | — |
| District of Columbia | 1 | 6.500% | $15,004 | — |
| Louisiana | 1 | 6.500% | $4,674 | — |
| Montana | 1 | 6.250% | $21,057 | — |
| North Dakota | 1 | 5.625% | $8,936 | — |
| Rhode Island | 1 | 6.875% | $3,964 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,838 | 6.750% | — | 29 | −$3,102 | |
| 2 | $5,798 | 6.500% | — | 36 | −$2,142 | |
| 3 | $6,208 | 6.500% | — | 45 | −$1,732 | |
| 4 | $6,469 | 6.375% | — | 37 | −$1,471 | |
| 5 | $6,779 | 6.875% | — | 96 | −$1,161 | |
| 6 | $6,963 | 6.500% | — | 96 | −$977 | |
| 7 | $7,297 | 6.625% | — | 31 | −$643 | |
| 8 | $8,019 | 6.500% | — | 71 | +$79 | |
| 9 | $8,118 | 6.500% | — | 81 | +$178 | |
| 10 | $8,369 | 6.250% | — | 96 | +$429 | |
| 11 | $8,912 | 6.438% | — | 42 | +$972 | |
| 12 | $9,332 | 6.375% | — | 67 | +$1,392 | |
| 13 | $9,511 | 6.250% | — | 30 | +$1,571 | |
| 14 | $9,940 | 6.500% | — | 64 | +$2,000 | |
| 15 | $10,014 | 6.375% | — | 91 | +$2,074 | |
| 16 | $10,271 | 6.250% | — | 55 | +$2,331 | |
| 17 | $12,624 | 6.500% | — | 56 | +$4,684 | |
| 18 | $14,708 | 6.500% | — | 33 | +$6,768 | |
| 19 | $15,129 | 6.250% | — | 54 | +$7,189 | |
| 20 | $15,721 | 6.500% | — | 83 | +$7,781 |
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 | NexBank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $385,000 | $335,000 | +$50,000 (+14.9%) |
| Median total closing costs | $7,940 | $7,127 | +$813 (+11.4%) |
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.