Purchase Originations
4,367
Ranked #111 nationally
Median Total Costs
$8,108
+21.4% vs national ($6,680)
↑ $90 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$2,387
Median Lender Credits
$150
Cost Rank (500+ vol.)
#446
among lenders with 500+ originations
Denial Rate
1.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 1,855 | 6.250% | $11,050 | $3,136 |
| conventional | 1,600 | 6.625% | $6,029 | $2,389 |
| va | 805 | 5.990% | $6,217 | $1,590 |
| usda | 107 | 6.250% | $7,288 | $2,193 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 460 | 6.375% | $10,033 | #99 |
| Texas | 416 | 6.250% | $8,296 | #130 |
| Georgia | 387 | 6.375% | $12,308 | #60 |
| Louisiana | 314 | 6.500% | $7,657 | #24 |
| Pennsylvania | 294 | 6.625% | $8,382 | #76 |
| California | 239 | 6.375% | $8,986 | #134 |
| Kansas | 200 | 6.500% | $6,094 | #35 |
| Wisconsin | 181 | 6.500% | $3,600 | #60 |
| Mississippi | 155 | 6.250% | $9,021 | #37 |
| Colorado | 148 | 6.375% | $6,348 | #90 |
| Idaho | 144 | 6.250% | $9,773 | #38 |
| Ohio | 118 | 6.375% | $5,224 | #122 |
| Alabama | 110 | 6.125% | $7,049 | #90 |
| Virginia | 107 | 6.250% | $7,982 | #122 |
| Washington | 98 | 6.312% | $7,947 | #112 |
| Arizona | 94 | 6.250% | $7,988 | #106 |
| Illinois | 79 | 6.625% | $4,377 | #165 |
| Missouri | 77 | 6.500% | $5,968 | #116 |
| Kentucky | 76 | 6.500% | $6,033 | #95 |
| Minnesota | 73 | 6.625% | $6,063 | #110 |
| Utah | 70 | 6.188% | $9,557 | #67 |
| South Carolina | 63 | 6.250% | $11,146 | #148 |
| North Carolina | 58 | 6.438% | $8,728 | #190 |
| Nevada | 54 | 6.250% | $8,923 | #88 |
| Tennessee | 44 | 6.375% | $7,784 | — |
| Indiana | 42 | 6.250% | $7,589 | — |
| Arkansas | 36 | 6.188% | $4,670 | — |
| New York | 31 | 6.375% | $7,933 | — |
| Oklahoma | 27 | 6.625% | $8,072 | — |
| Michigan | 26 | 6.750% | $8,000 | — |
| Maryland | 24 | 5.933% | $7,051 | — |
| New Jersey | 16 | 6.438% | $12,008 | — |
| Iowa | 14 | 6.062% | $6,632 | — |
| Hawaii | 12 | 2.875% | $6,215 | — |
| West Virginia | 12 | 6.250% | $5,006 | — |
| Oregon | 11 | 6.125% | $6,082 | — |
| Nebraska | 9 | 6.625% | $5,828 | — |
| South Dakota | 8 | 6.375% | $5,937 | — |
| Connecticut | 7 | 6.625% | $13,607 | — |
| New Mexico | 6 | 6.183% | $5,753 | — |
| Massachusetts | 5 | 5.875% | $10,873 | — |
| Montana | 5 | 6.375% | $7,569 | — |
| Puerto Rico | 5 | 6.250% | $13,096 | — |
| Alaska | 3 | 2.625% | $2,655 | — |
| North Dakota | 3 | 5.375% | $6,015 | — |
| Wyoming | 3 | 6.375% | $6,662 | — |
| District of Columbia | 2 | 7.375% | $68,123 | — |
| New Hampshire | 1 | 7.625% | $10,042 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,364 | 6.500% | — | 40 | −$3,744 | |
| 2 | $6,027 | 6.500% | — | 131 | −$2,081 | |
| 3 | $6,863 | 6.312% | — | 34 | −$1,245 | |
| 4 | $7,669 | 6.625% | — | 39 | −$439 | |
| 5 | $7,818 | 6.688% | — | 92 | −$290 | |
| 6 | $7,994 | 6.188% | — | 34 | −$114 | |
| 7 | $8,133 | 5.990% | — | 35 | +$25 | |
| 8 | $8,556 | 6.500% | — | 46 | +$448 | |
| 9 | $8,651 | 6.375% | — | 59 | +$543 | |
| 10 | $8,738 | 6.250% | — | 38 | +$630 | |
| 11 | $9,028 | 6.250% | — | 58 | +$920 | |
| 12 | $9,118 | 6.250% | — | 35 | +$1,010 | |
| 13 | $9,335 | 6.250% | — | 85 | +$1,227 | |
| 14 | $9,446 | 6.625% | — | 56 | +$1,338 | |
| 15 | $9,511 | 6.375% | — | 58 | +$1,403 | |
| 16 | $9,515 | 6.000% | — | 48 | +$1,407 | |
| 17 | $9,742 | 6.500% | — | 53 | +$1,634 | |
| 18 | $9,877 | 6.250% | — | 40 | +$1,769 | |
| 19 | $10,215 | 6.375% | — | 83 | +$2,107 | |
| 20 | $12,376 | 6.188% | — | 70 | +$4,268 |
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 | Planet Home Lending, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $8,108 | $7,127 | +$981 (+13.8%) |
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.