Purchase Originations
819
Ranked #443 nationally
Median Total Costs
$7,799
+16.8% vs national ($6,680)
↑ $190 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.240% vs prior year
Median Origination
$3,545
Median Lender Credits
$400
Cost Rank (500+ vol.)
#430
among lenders with 500+ originations
Denial Rate
0.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 436 | 6.875% | $6,148 | $3,420 |
| fha | 309 | 6.750% | $10,688 | $3,708 |
| va | 60 | 6.688% | $8,408 | $3,473 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 659 | 6.875% | $7,688 | #41 |
| North Carolina | 49 | 6.750% | $8,655 | — |
| Indiana | 34 | 7.188% | $4,670 | — |
| South Carolina | 29 | 6.500% | $11,074 | — |
| Pennsylvania | 18 | 6.812% | $9,727 | — |
| Georgia | 13 | 6.625% | $9,632 | — |
| Kentucky | 12 | 6.812% | $6,749 | — |
| Florida | 5 | 6.625% | $14,537 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,445 | 7.000% | — | 9 | −$3,354 | |
| 2 | $4,843 | 7.250% | — | 19 | −$2,956 | |
| 3 | $5,630 | 7.250% | — | 9 | −$2,169 | |
| 4 | $6,078 | 6.990% | — | 11 | −$1,721 | |
| 5 | $6,307 | 6.875% | — | 75 | −$1,492 | |
| 6 | $6,826 | 7.125% | — | 25 | −$973 | |
| 7 | $7,059 | 6.625% | — | 11 | −$740 | |
| 8 | $7,062 | 6.875% | — | 46 | −$737 | |
| 9 | $7,437 | 6.750% | — | 23 | −$362 | |
| 10 | $7,463 | 6.750% | — | 41 | −$336 | |
| 11 | $7,465 | 6.750% | — | 9 | −$334 | |
| 12 | $7,591 | 7.062% | — | 12 | −$208 | |
| 13 | $7,629 | 6.750% | — | 10 | −$170 | |
| 14 | $7,650 | 6.812% | — | 70 | −$149 | |
| 15 | $7,915 | 6.625% | — | 21 | +$116 | |
| 16 | $8,019 | 6.990% | — | 28 | +$220 | |
| 17 | $8,093 | 6.870% | — | 8 | +$294 | |
| 18 | $8,377 | 6.990% | — | 7 | +$578 | |
| 19 | $9,124 | 6.750% | — | 139 | +$1,325 | |
| 20 | $10,179 | 7.000% | — | 15 | +$2,380 |
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 | Rapid Mortgage Company | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $245,000 | $335,000 | −$90,000 (−26.9%) |
| Median total closing costs | $7,799 | $7,127 | +$672 (+9.4%) |
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.