Purchase Originations
1,027
Ranked #372 nationally
Median Total Costs
$5,966
−10.7% vs national ($6,680)
↓ $285 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$2,196
Median Lender Credits
$140
Cost Rank (500+ vol.)
#274
among lenders with 500+ originations
Denial Rate
2.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 517 | 6.875% | $4,588 | $2,138 |
| fha | 434 | 6.625% | $7,361 | $2,193 |
| va | 44 | 6.750% | $7,245 | $3,930 |
| usda | 32 | 6.750% | $6,621 | $1,839 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,425 | 6.990% | — | 17 | −$1,541 | |
| 2 | $5,060 | 6.990% | — | 5 | −$906 | |
| 3 | $5,245 | 6.625% | — | 5 | −$721 | |
| 4 | $5,460 | 6.933% | — | 12 | −$506 | |
| 5 | $5,824 | 6.625% | — | 448 | −$142 | |
| 6 | $5,832 | 6.625% | — | 15 | −$134 | |
| 7 | $5,836 | 6.750% | — | 95 | −$130 | |
| 8 | $5,901 | 6.750% | — | 14 | −$65 | |
| 9 | $6,020 | 6.625% | — | 56 | +$54 | |
| 10 | $6,073 | 6.625% | — | 23 | +$107 | |
| 11 | $6,080 | 6.625% | — | 18 | +$114 | |
| 12 | $6,242 | 6.688% | — | 32 | +$276 | |
| 13 | $6,258 | 6.875% | — | 32 | +$292 | |
| 14 | $6,382 | 6.625% | — | 41 | +$416 | |
| 15 | $6,475 | 6.870% | — | 22 | +$509 | |
| 16 | $6,841 | 6.750% | — | 41 | +$875 | |
| 17 | $6,909 | 6.812% | — | 12 | +$943 | |
| 18 | $7,415 | 6.625% | — | 7 | +$1,449 | |
| 19 | $7,739 | 6.750% | — | 17 | +$1,773 | |
| 20 | $8,327 | 6.808% | — | 6 | +$2,361 |
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 | Preston Home Loans Inc | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $185,000 | $335,000 | −$150,000 (−44.8%) |
| Median total closing costs | $5,966 | $7,127 | −$1,161 (−16.3%) |
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.