Purchase Originations
220
Median Total Costs
$5,826
−12.8% vs national ($6,680)
↑ $297 vs prior year
Median Rate
6.562%
+1.1% vs national (6.490%)
↓ 0.438% vs prior year
Median Origination
$1,275
Median Lender Credits
$80
Denial Rate
14.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 214 | 6.625% | $5,812 | $1,275 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 205 | 6.500% | $5,840 | #94 |
| Florida | 3 | 6.625% | $5,519 | — |
| Indiana | 2 | 6.688% | $3,108 | — |
| Wisconsin | 2 | 6.375% | $3,337 | — |
| Arizona | 1 | 6.875% | $6,336 | — |
| Kentucky | 1 | 6.875% | $3,907 | — |
| Michigan | 1 | 7.250% | $3,426 | — |
| Mississippi | 1 | 7.125% | $4,704 | — |
| South Carolina | 1 | 7.000% | $4,223 | — |
| Tennessee | 1 | 6.625% | $3,952 | — |
| Texas | 1 | 5.500% | $4,750 | — |
| West Virginia | 1 | 7.000% | $3,652 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,766 | 6.875% | — | 1 | −$3,060 | |
| 2 | $3,018 | 6.500% | — | 1 | −$2,808 | |
| 3 | $3,200 | 6.875% | — | 1 | −$2,626 | |
| 4 | $3,580 | 6.438% | — | 2 | −$2,246 | |
| 5 | $3,820 | 6.875% | — | 20 | −$2,006 | |
| 6 | $3,990 | 7.125% | — | 1 | −$1,836 | |
| 7 | $4,064 | 5.375% | — | 1 | −$1,762 | |
| 8 | $4,150 | 6.500% | — | 9 | −$1,676 | |
| 9 | $4,306 | 7.250% | — | 1 | −$1,520 | |
| 10 | $5,519 | 6.625% | — | 1 | −$307 | |
| 11 | $5,790 | 6.500% | — | 17 | −$36 | |
| 12 | $5,852 | 6.312% | — | 12 | +$26 | |
| 13 | $5,858 | 6.562% | — | 48 | +$32 | |
| 14 | $5,892 | 6.500% | — | 31 | +$66 | |
| 15 | $5,960 | 6.625% | — | 12 | +$134 | |
| 16 | $6,150 | 6.062% | — | 14 | +$324 | |
| 17 | $6,178 | 6.375% | — | 36 | +$352 | |
| 18 | $6,336 | 6.875% | — | 1 | +$510 | |
| 19 | $6,824 | 6.750% | — | 1 | +$998 | |
| 20 | $10,009 | 6.500% | — | 1 | +$4,183 |
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 | Old Second National Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $275,000 | $335,000 | −$60,000 (−17.9%) |
| Median total closing costs | $5,826 | $7,127 | −$1,301 (−18.3%) |
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.