Purchase Originations
212
Median Total Costs
$9,085
+36.0% vs national ($6,680)
↓ $2,098 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$2,111
Median Lender Credits
$7,926
Denial Rate
17.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 212 | 6.125% | $9,085 | $2,111 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 206 | 6.125% | $9,148 | #83 |
| Connecticut | 6 | 6.250% | $8,710 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,610 | 6.250% | — | 39 | −$3,475 | |
| 2 | $8,167 | 6.250% | — | 26 | −$918 | |
| 3 | $8,410 | 6.125% | — | 17 | −$675 | |
| 4 | $8,697 | 6.250% | — | 5 | −$388 | |
| 5 | $8,724 | 7.000% | — | 1 | −$361 | |
| 6 | $9,605 | 6.125% | — | 38 | +$520 | |
| 7 | $10,039 | 6.125% | — | 48 | +$954 | |
| 8 | $13,771 | 6.375% | — | 3 | +$4,686 | |
| 9 | $16,296 | 6.375% | — | 23 | +$7,211 | |
| 10 | $19,415 | 6.125% | — | 9 | +$10,330 | |
| 11 | $19,972 | 6.250% | — | 3 | +$10,887 |
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 | Ridgewood Savings Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $595,000 | $335,000 | +$260,000 (+77.6%) |
| Median total closing costs | $9,085 | $7,127 | +$1,958 (+27.5%) |
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.