Purchase Originations
249
Median Total Costs
$4,633
−30.6% vs national ($6,680)
↑ $237 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$925
Median Lender Credits
$500
Denial Rate
3.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 249 | 6.125% | $4,633 | $925 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 155 | 6.125% | $4,516 | #63 |
| Connecticut | 92 | 6.188% | $4,920 | #52 |
| Maine | 1 | 6.375% | $3,890 | — |
| New Hampshire | 1 | 5.875% | $5,195 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,599 | 6.438% | — | 2 | −$1,034 | |
| 2 | $3,890 | 6.375% | — | 1 | −$743 | |
| 3 | $4,140 | 5.875% | — | 1 | −$493 | |
| 4 | $4,420 | 6.250% | — | 93 | −$213 | |
| 5 | $4,516 | 6.000% | — | 8 | −$117 | |
| 6 | $4,534 | 6.375% | — | 9 | −$99 | |
| 7 | $4,662 | 6.125% | — | 36 | +$29 | |
| 8 | $4,725 | 6.375% | — | 7 | +$92 | |
| 9 | $4,827 | 6.000% | — | 50 | +$194 | |
| 10 | $4,855 | 5.875% | — | 7 | +$222 | |
| 11 | $5,080 | 6.188% | — | 6 | +$447 | |
| 12 | $5,195 | 5.875% | — | 1 | +$562 | |
| 13 | $5,361 | 6.250% | — | 1 | +$728 | |
| 14 | $5,396 | 6.125% | — | 1 | +$763 | |
| 15 | $5,427 | 6.250% | — | 22 | +$794 | |
| 16 | $5,720 | 6.375% | — | 1 | +$1,087 | |
| 17 | $6,652 | 5.500% | — | 2 | +$2,019 | |
| 18 | $7,368 | 6.125% | — | 1 | +$2,735 |
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 | PeoplesBank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $375,000 | $335,000 | +$40,000 (+11.9%) |
| Median total closing costs | $4,633 | $7,127 | −$2,494 (−35.0%) |
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.