Purchase Originations
252
Median Total Costs
$5,941
−11.1% vs national ($6,680)
↑ $192 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,467
Median Lender Credits
$463
Denial Rate
4.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 251 | 6.750% | $5,952 | $2,480 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 154 | 6.750% | $6,187 | #230 |
| Colorado | 34 | 6.562% | $4,996 | — |
| Georgia | 26 | 6.625% | $6,002 | — |
| Arizona | 6 | 6.688% | $6,133 | — |
| Tennessee | 4 | 6.875% | $5,485 | — |
| Florida | 3 | 6.875% | $6,874 | — |
| Kentucky | 3 | 7.375% | $3,986 | — |
| North Carolina | 3 | 6.625% | $6,152 | — |
| Alabama | 2 | 6.490% | $7,592 | — |
| California | 2 | 6.438% | $8,785 | — |
| Minnesota | 2 | 6.933% | $4,031 | — |
| Ohio | 2 | 6.683% | $5,528 | — |
| South Carolina | 2 | 6.808% | $5,721 | — |
| Arkansas | 1 | 6.990% | $3,067 | — |
| Illinois | 1 | 6.875% | $5,891 | — |
| Louisiana | 1 | 6.625% | $5,503 | — |
| Maryland | 1 | 6.490% | $5,325 | — |
| New Mexico | 1 | 7.125% | $4,129 | — |
| Oklahoma | 1 | 7.250% | $8,278 | — |
| Oregon | 1 | 6.875% | $5,822 | — |
| Virginia | 1 | 6.875% | $4,376 | — |
| Washington | 1 | 6.250% | $6,918 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,224 | 6.188% | — | 4 | −$1,717 | |
| 2 | $5,024 | 6.625% | — | 5 | −$917 | |
| 3 | $5,081 | 6.750% | — | 11 | −$860 | |
| 4 | $5,138 | 6.375% | — | 15 | −$803 | |
| 5 | $5,253 | 6.625% | — | 5 | −$688 | |
| 6 | $5,458 | 6.625% | — | 13 | −$483 | |
| 7 | $6,038 | 6.875% | — | 13 | +$97 | |
| 8 | $6,095 | 6.750% | — | 9 | +$154 | |
| 9 | $6,135 | 7.250% | — | 12 | +$194 | |
| 10 | $6,226 | 6.500% | — | 5 | +$285 | |
| 11 | $6,369 | 6.990% | — | 21 | +$428 | |
| 12 | $6,564 | 6.625% | — | 6 | +$623 | |
| 13 | $6,635 | 6.490% | — | 5 | +$694 | |
| 14 | $6,783 | 6.938% | — | 4 | +$842 | |
| 15 | $6,835 | 6.688% | — | 8 | +$894 | |
| 16 | $6,912 | 7.125% | — | 5 | +$971 | |
| 17 | $7,503 | 6.375% | — | 6 | +$1,562 | |
| 18 | $7,693 | 6.562% | — | 4 | +$1,752 | |
| 19 | $8,295 | 6.625% | — | 6 | +$2,354 | |
| 20 | $8,966 | 6.812% | — | 6 | +$3,025 |
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 | Orchard Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $320,000 | $335,000 | −$15,000 (−4.5%) |
| Median total closing costs | $5,941 | $7,127 | −$1,186 (−16.6%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.