Purchase Originations
767
Ranked #474 nationally
Median Total Costs
$5,579
−16.5% vs national ($6,680)
↑ $501 vs prior year
Median Rate
5.375%
−17.2% vs national (6.490%)
↓ 0.500% vs prior year
Median Origination
$0
Median Lender Credits
$52
Cost Rank (500+ vol.)
#244
among lenders with 500+ originations
Denial Rate
3.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 766 | 5.375% | $5,578 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 162 | 5.375% | $7,826 | #179 |
| Texas | 77 | 5.375% | $8,142 | #304 |
| California | 49 | 5.375% | $8,027 | — |
| Tennessee | 44 | 5.500% | $4,331 | — |
| North Carolina | 37 | 5.500% | $3,577 | — |
| New York | 37 | 5.375% | $5,640 | — |
| Georgia | 28 | 5.250% | $4,972 | — |
| Pennsylvania | 24 | 5.625% | $5,843 | — |
| New Jersey | 23 | 5.375% | $8,503 | — |
| South Carolina | 22 | 5.375% | $4,323 | — |
| Colorado | 19 | 5.375% | $2,654 | — |
| Illinois | 18 | 5.500% | $5,825 | — |
| Massachusetts | 17 | 5.250% | $5,307 | — |
| Arizona | 16 | 5.125% | $7,200 | — |
| Virginia | 16 | 5.625% | $4,308 | — |
| Kentucky | 15 | 5.625% | $4,880 | — |
| Washington | 15 | 5.250% | $4,680 | — |
| Maryland | 14 | 5.375% | $5,012 | — |
| Michigan | 14 | 5.500% | $3,355 | — |
| Alabama | 11 | 5.625% | $3,114 | — |
| Missouri | 9 | 5.375% | $4,088 | — |
| Ohio | 9 | 5.250% | $4,156 | — |
| Utah | 9 | 5.250% | $3,800 | — |
| Indiana | 7 | 5.875% | $2,305 | — |
| Louisiana | 7 | 5.375% | $7,273 | — |
| Idaho | 6 | 5.375% | $4,816 | — |
| Minnesota | 6 | 5.438% | $4,057 | — |
| Oregon | 6 | 5.625% | $5,055 | — |
| Arkansas | 5 | 5.375% | $3,671 | — |
| Nevada | 5 | 5.375% | $5,443 | — |
| Oklahoma | 5 | 6.000% | $4,748 | — |
| Kansas | 4 | 5.750% | $2,594 | — |
| Mississippi | 4 | 6.188% | $3,724 | — |
| Connecticut | 3 | 5.125% | $5,838 | — |
| Nebraska | 3 | 6.500% | $3,125 | — |
| Wisconsin | 3 | 5.250% | $3,375 | — |
| Wyoming | 3 | 5.250% | $3,875 | — |
| Hawaii | 2 | 5.250% | $9,848 | — |
| Maine | 2 | 5.438% | $5,387 | — |
| New Hampshire | 2 | 5.312% | $5,339 | — |
| Vermont | 2 | 5.875% | $4,460 | — |
| Alaska | 1 | 6.875% | $3,858 | — |
| District of Columbia | 1 | 5.250% | $8,221 | — |
| Montana | 1 | 5.500% | $6,640 | — |
| New Mexico | 1 | 6.625% | $3,351 | — |
| Rhode Island | 1 | 5.375% | $3,506 | — |
| South Dakota | 1 | 4.750% | $3,342 | — |
| West Virginia | 1 | 5.250% | $6,044 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,759 | 5.375% | — | 7 | −$1,820 | |
| 2 | $3,767 | 5.625% | — | 9 | −$1,812 | |
| 3 | $4,086 | 5.500% | — | 11 | −$1,493 | |
| 4 | $4,595 | 5.375% | — | 11 | −$984 | |
| 5 | $4,998 | 5.438% | — | 8 | −$581 | |
| 6 | $5,141 | 5.375% | — | 21 | −$438 | |
| 7 | $5,775 | 5.125% | — | 9 | +$196 | |
| 8 | $6,588 | 5.438% | — | 8 | +$1,009 | |
| 9 | $6,809 | 5.125% | — | 15 | +$1,230 | |
| 10 | $7,295 | 5.125% | — | 26 | +$1,716 | |
| 11 | $8,013 | 5.188% | — | 8 | +$2,434 | |
| 12 | $8,422 | 5.250% | — | 10 | +$2,843 | |
| 13 | $8,513 | 5.500% | — | 8 | +$2,934 | |
| 14 | $8,877 | 5.438% | — | 16 | +$3,298 | |
| 15 | $9,047 | 5.375% | — | 22 | +$3,468 | |
| 16 | $9,090 | 5.438% | — | 20 | +$3,511 | |
| 17 | $9,233 | 5.438% | — | 12 | +$3,654 | |
| 18 | $9,273 | 5.125% | — | 16 | +$3,694 | |
| 19 | $9,409 | 5.250% | — | 8 | +$3,830 | |
| 20 | $10,038 | 5.375% | — | 11 | +$4,459 |
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 | Raymond James Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $785,000 | $335,000 | +$450,000 (+134.3%) |
| Median total closing costs | $5,579 | $7,127 | −$1,548 (−21.7%) |
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.