Purchase Originations
111
Median Total Costs
$6,631
−0.7% vs national ($6,680)
Median Rate
6.625%
+2.1% vs national (6.490%)
Median Origination
$1,585
Median Lender Credits
$59
Denial Rate
3.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 52 | 6.750% | $6,106 | $2,336 |
| fha | 37 | 6.375% | $9,714 | $1,585 |
| va | 22 | 6.500% | $4,281 | $0 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,438 | 6.438% | — | 2 | −$4,193 | |
| 2 | $3,456 | 6.750% | — | 1 | −$3,175 | |
| 3 | $4,697 | 6.688% | — | 2 | −$1,934 | |
| 4 | $5,303 | 6.500% | — | 22 | −$1,328 | |
| 5 | $5,391 | 5.990% | — | 3 | −$1,240 | |
| 6 | $5,487 | 6.875% | — | 2 | −$1,144 | |
| 7 | $6,014 | 6.990% | — | 1 | −$617 | |
| 8 | $6,053 | 6.625% | — | 13 | −$578 | |
| 9 | $6,182 | 6.688% | — | 2 | −$449 | |
| 10 | $6,559 | 6.500% | — | 9 | −$72 | |
| 11 | $6,921 | 6.750% | — | 7 | +$290 | |
| 12 | $7,061 | 6.625% | — | 6 | +$430 | |
| 13 | $8,609 | 6.808% | — | 4 | +$1,978 | |
| 14 | $8,933 | 6.500% | — | 12 | +$2,302 | |
| 15 | $10,064 | 6.312% | — | 2 | +$3,433 | |
| 16 | $12,879 | 6.562% | — | 4 | +$6,248 | |
| 17 | $12,923 | 6.375% | — | 2 | +$6,292 | |
| 18 | $12,964 | 7.500% | — | 1 | +$6,333 | |
| 19 | $14,683 | 6.125% | — | 1 | +$8,052 | |
| 20 | $33,658 | 8.062% | — | 2 | +$27,027 |
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 | RED DIAMOND HOME LOANS, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $6,631 | $7,127 | −$496 (−7.0%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.