Purchase Originations
1,510
Ranked #282 nationally
Median Total Costs
$4,846
−27.5% vs national ($6,680)
↑ $293 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↑ 0.125% vs prior year
Median Origination
$820
Median Lender Credits
$6,000
Cost Rank (500+ vol.)
#181
among lenders with 500+ originations
Denial Rate
3.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,430 | 6.250% | $4,786 | $820 |
| fha | 56 | 6.125% | $11,656 | $820 |
| va | 24 | 6.125% | $6,041 | $820 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 1,109 | 6.250% | $4,903 | #12 |
| Pennsylvania | 239 | 6.250% | $4,719 | #94 |
| Florida | 27 | 6.625% | $6,298 | — |
| Virginia | 27 | 6.250% | $4,908 | — |
| Maryland | 22 | 6.000% | $4,391 | — |
| Texas | 16 | 6.188% | $3,922 | — |
| New York | 9 | 6.500% | $7,033 | — |
| Connecticut | 7 | 6.500% | $4,682 | — |
| North Carolina | 7 | 6.250% | $4,567 | — |
| Delaware | 6 | 6.625% | $4,920 | — |
| Indiana | 5 | 6.500% | $2,748 | — |
| Tennessee | 5 | 6.375% | $3,348 | — |
| District of Columbia | 4 | 6.312% | $5,152 | — |
| Illinois | 4 | 6.250% | $5,336 | — |
| Michigan | 4 | 6.500% | $2,895 | — |
| Nebraska | 3 | 6.250% | $6,632 | — |
| Ohio | 3 | 6.000% | $3,692 | — |
| South Carolina | 3 | 5.750% | $3,206 | — |
| Alabama | 1 | 6.625% | $2,368 | — |
| Arkansas | 1 | 7.000% | $3,183 | — |
| California | 1 | 7.375% | $4,693 | — |
| Idaho | 1 | 6.375% | $3,364 | — |
| Kentucky | 1 | 6.500% | $3,918 | — |
| Massachusetts | 1 | 6.875% | $5,192 | — |
| Missouri | 1 | 6.625% | $2,760 | — |
| Montana | 1 | 5.750% | $8,047 | — |
| New Hampshire | 1 | 6.875% | $3,603 | — |
| South Dakota | 1 | 6.375% | $2,622 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,618 | 6.250% | — | 25 | −$1,228 | |
| 2 | $3,902 | 6.250% | — | 103 | −$944 | |
| 3 | $4,185 | 6.125% | — | 106 | −$661 | |
| 4 | $4,600 | 6.125% | — | 159 | −$246 | |
| 5 | $4,612 | 6.500% | — | 53 | −$234 | |
| 6 | $4,668 | 6.438% | — | 110 | −$178 | |
| 7 | $4,696 | 6.375% | — | 118 | −$150 | |
| 8 | $4,732 | 6.000% | — | 65 | −$114 | |
| 9 | $4,849 | 6.250% | — | 25 | +$3 | |
| 10 | $5,099 | 6.375% | — | 10 | +$253 | |
| 11 | $5,155 | 6.500% | — | 11 | +$309 | |
| 12 | $5,239 | 6.250% | — | 21 | +$393 | |
| 13 | $5,302 | 6.625% | — | 15 | +$456 | |
| 14 | $5,328 | 6.000% | — | 280 | +$482 | |
| 15 | $5,341 | 6.250% | — | 119 | +$495 | |
| 16 | $5,459 | 6.188% | — | 24 | +$613 | |
| 17 | $5,459 | 6.500% | — | 9 | +$613 | |
| 18 | $5,520 | 6.375% | — | 13 | +$674 | |
| 19 | $5,557 | 6.500% | — | 12 | +$711 | |
| 20 | $5,790 | 6.375% | — | 12 | +$944 |
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 | OceanFirst Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $375,000 | $335,000 | +$40,000 (+11.9%) |
| Median total closing costs | $4,846 | $7,127 | −$2,281 (−32.0%) |
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.