Purchase Originations
9,114
Ranked #45 nationally
Median Total Costs
$4,836
−27.6% vs national ($6,680)
↓ $80 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,410
Median Lender Credits
$3,000
Cost Rank (500+ vol.)
#179
among lenders with 500+ originations
Denial Rate
6.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 8,565 | 6.375% | $4,760 | $1,410 |
| fha | 386 | 6.375% | $8,484 | $1,522 |
| va | 154 | 6.250% | $3,905 | $336 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 1,829 | 6.375% | $4,968 | #8 |
| Ohio | 970 | 6.500% | $4,082 | #25 |
| California | 740 | 6.125% | $7,212 | #55 |
| Illinois | 625 | 6.500% | $5,779 | #35 |
| Indiana | 498 | 6.500% | $3,020 | #35 |
| Florida | 465 | 6.375% | $4,778 | #97 |
| Michigan | 409 | 6.500% | $3,868 | #49 |
| Texas | 409 | 6.375% | $4,540 | #132 |
| North Carolina | 391 | 6.375% | $4,430 | #65 |
| New Jersey | 352 | 6.375% | $5,702 | #44 |
| Kentucky | 305 | 6.500% | $3,961 | #33 |
| Maryland | 222 | 6.250% | $4,946 | #58 |
| Virginia | 180 | 6.375% | $5,026 | #88 |
| Washington | 171 | 6.125% | $5,973 | #72 |
| Alabama | 162 | 6.500% | $4,183 | #64 |
| Georgia | 123 | 6.375% | $5,356 | #128 |
| South Carolina | 116 | 6.375% | $4,543 | #110 |
| Arizona | 114 | 6.250% | $5,749 | #92 |
| Colorado | 106 | 6.125% | $4,193 | #104 |
| Missouri | 92 | 6.375% | $4,043 | #99 |
| Tennessee | 92 | 6.375% | $5,097 | #135 |
| West Virginia | 88 | 6.500% | $4,599 | #37 |
| Massachusetts | 82 | 6.250% | $5,779 | #101 |
| New York | 82 | 6.250% | $6,062 | #133 |
| Wisconsin | 67 | 6.500% | $3,104 | #121 |
| Delaware | 52 | 6.375% | $5,083 | #43 |
| Minnesota | 48 | 6.375% | $4,404 | — |
| District of Columbia | 35 | 6.125% | $6,263 | — |
| New Mexico | 29 | 6.500% | $3,535 | — |
| Oregon | 23 | 6.125% | $4,735 | — |
| Utah | 21 | 6.000% | $4,368 | — |
| Arkansas | 18 | 6.625% | $3,745 | — |
| Oklahoma | 18 | 6.312% | $5,671 | — |
| Connecticut | 17 | 6.375% | $5,547 | — |
| Mississippi | 17 | 6.375% | $5,552 | — |
| Kansas | 16 | 6.438% | $3,497 | — |
| Iowa | 15 | 6.250% | $4,358 | — |
| New Hampshire | 14 | 6.062% | $5,042 | — |
| Nevada | 14 | 6.375% | $4,319 | — |
| Louisiana | 13 | 6.000% | $5,738 | — |
| Nebraska | 13 | 6.250% | $3,754 | — |
| Alaska | 10 | 6.500% | $3,912 | — |
| Idaho | 10 | 6.375% | $3,415 | — |
| Montana | 9 | 6.625% | $3,912 | — |
| Vermont | 9 | 6.625% | $6,828 | — |
| Maine | 7 | 6.500% | $4,963 | — |
| North Dakota | 4 | 6.312% | $4,825 | — |
| Wyoming | 4 | 6.438% | $4,651 | — |
| Hawaii | 3 | 6.875% | $6,912 | — |
| Rhode Island | 3 | 6.750% | $7,406 | — |
| South Dakota | 2 | 6.438% | $3,299 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,990 | 6.375% | — | 90 | −$1,846 | |
| 2 | $3,689 | 6.375% | — | 103 | −$1,147 | |
| 3 | $3,940 | 6.500% | — | 133 | −$896 | |
| 4 | $4,051 | 6.500% | — | 69 | −$785 | |
| 5 | $4,185 | 6.375% | — | 137 | −$651 | |
| 6 | $4,467 | 6.375% | — | 83 | −$369 | |
| 7 | $4,577 | 6.250% | — | 101 | −$259 | |
| 8 | $4,586 | 6.250% | — | 97 | −$250 | |
| 9 | $4,601 | 6.375% | — | 131 | −$235 | |
| 10 | $4,640 | 6.375% | — | 127 | −$196 | |
| 11 | $4,805 | 6.250% | — | 143 | −$31 | |
| 12 | $4,993 | 6.250% | — | 547 | +$157 | |
| 13 | $5,154 | 6.125% | — | 81 | +$318 | |
| 14 | $5,345 | 6.125% | — | 199 | +$509 | |
| 15 | $6,118 | 6.250% | — | 83 | +$1,282 | |
| 16 | $6,170 | 6.125% | — | 126 | +$1,334 | |
| 17 | $6,174 | 6.500% | — | 194 | +$1,338 | |
| 18 | $7,126 | 6.250% | — | 112 | +$2,290 | |
| 19 | $7,563 | 6.125% | — | 96 | +$2,727 | |
| 20 | $10,349 | 6.125% | — | 104 | +$5,513 |
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 | PNC Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $285,000 | $335,000 | −$50,000 (−14.9%) |
| Median total closing costs | $4,836 | $7,127 | −$2,291 (−32.1%) |
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.