Purchase Originations
2,363
Ranked #194 nationally
Median Total Costs
$8,185
+22.5% vs national ($6,680)
↓ $707 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,492
Median Lender Credits
$590
Cost Rank (500+ vol.)
#453
among lenders with 500+ originations
Denial Rate
5.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,217 | 6.750% | $6,661 | $3,055 |
| fha | 600 | 6.500% | $11,972 | $3,512 |
| va | 491 | 6.375% | $7,167 | $560 |
| usda | 55 | 6.250% | $7,788 | $1,990 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 644 | 6.625% | $7,694 | #32 |
| Georgia | 548 | 6.490% | $9,905 | #45 |
| Maryland | 314 | 6.625% | $8,946 | #46 |
| North Carolina | 161 | 6.625% | $7,247 | #119 |
| Florida | 113 | 6.625% | $7,167 | #217 |
| South Carolina | 92 | 6.500% | $7,286 | #125 |
| Tennessee | 73 | 6.625% | $7,220 | #147 |
| Alabama | 59 | 6.625% | $5,452 | #124 |
| New York | 43 | 6.625% | $9,511 | — |
| North Dakota | 42 | 6.995% | $8,943 | — |
| Pennsylvania | 32 | 6.750% | $6,133 | — |
| New Jersey | 31 | 6.625% | $8,427 | — |
| Illinois | 27 | 6.875% | $6,857 | — |
| Connecticut | 21 | 6.375% | $8,958 | — |
| Texas | 17 | 6.500% | $6,969 | — |
| Washington | 13 | 6.625% | $8,589 | — |
| Missouri | 12 | 6.500% | $6,574 | — |
| West Virginia | 12 | 6.495% | $8,627 | — |
| District of Columbia | 11 | 6.625% | $6,739 | — |
| Massachusetts | 11 | 6.250% | $13,582 | — |
| Utah | 11 | 6.625% | $12,940 | — |
| Arizona | 8 | 6.625% | $8,310 | — |
| California | 6 | 6.500% | $18,808 | — |
| Kansas | 6 | 6.562% | $8,892 | — |
| Kentucky | 6 | 6.375% | $7,086 | — |
| Oregon | 6 | 6.375% | $14,630 | — |
| Colorado | 5 | 6.625% | $10,446 | — |
| Delaware | 5 | 6.625% | $5,084 | — |
| Maine | 4 | 6.438% | $5,974 | — |
| Michigan | 4 | 6.562% | $7,694 | — |
| Mississippi | 4 | 6.370% | $4,982 | — |
| Indiana | 3 | 6.625% | $3,786 | — |
| Montana | 3 | 6.875% | $11,360 | — |
| Ohio | 3 | 6.000% | $4,678 | — |
| Hawaii | 2 | 7.000% | $11,012 | — |
| Idaho | 2 | 6.062% | $7,600 | — |
| New Hampshire | 2 | 6.438% | $17,306 | — |
| Alaska | 1 | 6.625% | $12,919 | — |
| Iowa | 1 | 7.125% | $2,999 | — |
| New Mexico | 1 | 6.125% | $4,068 | — |
| Oklahoma | 1 | 6.750% | $8,612 | — |
| Rhode Island | 1 | 6.625% | $4,940 | — |
| Vermont | 1 | 6.250% | $6,829 | — |
| Wisconsin | 1 | 6.625% | $4,814 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,586 | 6.625% | — | 28 | −$2,599 | |
| 2 | $6,452 | 6.750% | — | 78 | −$1,733 | |
| 3 | $6,618 | 6.625% | — | 50 | −$1,567 | |
| 4 | $6,916 | 6.562% | — | 40 | −$1,269 | |
| 5 | $7,124 | 6.250% | — | 44 | −$1,061 | |
| 6 | $7,415 | 6.625% | — | 62 | −$770 | |
| 7 | $7,501 | 6.500% | — | 50 | −$684 | |
| 8 | $7,818 | 6.375% | — | 39 | −$367 | |
| 9 | $8,373 | 6.625% | — | 28 | +$188 | |
| 10 | $8,488 | 6.875% | — | 25 | +$303 | |
| 11 | $8,837 | 6.625% | — | 62 | +$652 | |
| 12 | $8,883 | 7.000% | — | 35 | +$698 | |
| 13 | $9,267 | 6.500% | — | 25 | +$1,082 | |
| 14 | $9,428 | 6.500% | — | 40 | +$1,243 | |
| 15 | $9,442 | 6.500% | — | 35 | +$1,257 | |
| 16 | $9,507 | 6.500% | — | 35 | +$1,322 | |
| 17 | $9,614 | 6.625% | — | 29 | +$1,429 | |
| 18 | $10,066 | 6.625% | — | 45 | +$1,881 | |
| 19 | $10,165 | 6.875% | — | 38 | +$1,980 | |
| 20 | $12,967 | 6.375% | — | 31 | +$4,782 |
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 | Presidential Bank, FSB | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $335,000 | $335,000 | +$0 (+0.0%) |
| Median total closing costs | $8,185 | $7,127 | +$1,058 (+14.8%) |
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.