Purchase Originations
318
Median Total Costs
$10,510
+57.3% vs national ($6,680)
↑ $2,033 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$4,191
Median Lender Credits
$125
Denial Rate
0.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 176 | 6.750% | $7,318 | $4,861 |
| fha | 120 | 6.250% | $13,501 | $3,812 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 236 | 6.500% | $10,838 | #135 |
| Arizona | 46 | 6.500% | $8,272 | — |
| Nevada | 14 | 6.688% | $8,063 | — |
| Oregon | 14 | 6.375% | $9,612 | — |
| Idaho | 3 | 5.625% | $5,200 | — |
| Arkansas | 2 | 6.490% | $14,545 | — |
| Florida | 1 | 7.490% | $8,652 | — |
| Texas | 1 | 7.490% | $4,414 | — |
| Washington | 1 | 6.000% | $12,706 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,459 | 6.500% | — | 3 | −$5,051 | |
| 2 | $5,666 | 7.250% | — | 3 | −$4,844 | |
| 3 | $5,817 | 6.750% | — | 3 | −$4,693 | |
| 4 | $7,298 | 6.500% | — | 25 | −$3,212 | |
| 5 | $7,991 | 6.062% | — | 4 | −$2,519 | |
| 6 | $8,441 | 6.875% | — | 11 | −$2,069 | |
| 7 | $8,639 | 6.750% | — | 3 | −$1,871 | |
| 8 | $8,952 | 6.812% | — | 2 | −$1,558 | |
| 9 | $8,956 | 6.625% | — | 3 | −$1,554 | |
| 10 | $9,227 | 6.875% | — | 3 | −$1,283 | |
| 11 | $9,308 | 6.625% | — | 30 | −$1,202 | |
| 12 | $9,828 | 6.500% | — | 17 | −$682 | |
| 13 | $10,552 | 6.625% | — | 16 | +$42 | |
| 14 | $10,799 | 6.625% | — | 61 | +$289 | |
| 15 | $11,187 | 6.125% | — | 14 | +$677 | |
| 16 | $11,231 | 6.500% | — | 36 | +$721 | |
| 17 | $12,509 | 6.375% | — | 47 | +$1,999 | |
| 18 | $15,769 | 6.933% | — | 2 | +$5,259 | |
| 19 | $16,228 | 6.375% | — | 4 | +$5,718 | |
| 20 | $24,125 | 6.750% | — | 3 | +$13,615 |
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 | Peak Residential Lending Inc | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $375,000 | $335,000 | +$40,000 (+11.9%) |
| Median total closing costs | $10,510 | $7,127 | +$3,383 (+47.5%) |
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.