Purchase Originations
769
Ranked #473 nationally
Median Total Costs
$6,076
−9.0% vs national ($6,680)
↑ $420 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$2,378
Median Lender Credits
$350
Cost Rank (500+ vol.)
#285
among lenders with 500+ originations
Denial Rate
4.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 463 | 6.750% | $4,905 | $2,246 |
| fha | 200 | 6.625% | $8,995 | $2,422 |
| va | 98 | 6.375% | $8,419 | $3,490 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Michigan | 464 | 6.625% | $4,956 | #43 |
| Tennessee | 165 | 6.490% | $8,828 | #89 |
| Virginia | 58 | 6.750% | $7,904 | #170 |
| Kentucky | 32 | 6.750% | $8,652 | — |
| Florida | 22 | 6.375% | $10,629 | — |
| Illinois | 11 | 6.500% | $7,721 | — |
| South Carolina | 5 | 6.490% | $8,273 | — |
| North Carolina | 3 | 6.750% | $7,240 | — |
| Alabama | 2 | 6.438% | $4,788 | — |
| Georgia | 2 | 6.120% | $9,188 | — |
| Indiana | 2 | 6.558% | $11,678 | — |
| Ohio | 1 | 6.490% | $4,474 | — |
| Texas | 1 | 6.000% | $15,141 | — |
| Wisconsin | 1 | 6.125% | $7,664 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,445 | 6.933% | — | 10 | −$1,631 | |
| 2 | $4,817 | 6.808% | — | 10 | −$1,259 | |
| 3 | $4,862 | 6.812% | — | 130 | −$1,214 | |
| 4 | $4,975 | 6.625% | — | 62 | −$1,101 | |
| 5 | $4,975 | 6.750% | — | 10 | −$1,101 | |
| 6 | $5,016 | 6.625% | — | 133 | −$1,060 | |
| 7 | $5,068 | 6.750% | — | 24 | −$1,008 | |
| 8 | $5,466 | 6.625% | — | 45 | −$610 | |
| 9 | $7,664 | 6.625% | — | 11 | +$1,588 | |
| 10 | $7,755 | 6.375% | — | 9 | +$1,679 | |
| 11 | $8,537 | 6.490% | — | 34 | +$2,461 | |
| 12 | $8,564 | 6.625% | — | 34 | +$2,488 | |
| 13 | $8,711 | 6.438% | — | 8 | +$2,635 | |
| 14 | $8,719 | 6.750% | — | 11 | +$2,643 | |
| 15 | $9,206 | 6.750% | — | 11 | +$3,130 | |
| 16 | $10,145 | 6.308% | — | 10 | +$4,069 | |
| 17 | $10,817 | 6.375% | — | 7 | +$4,741 | |
| 18 | $10,923 | 6.625% | — | 8 | +$4,847 | |
| 19 | $11,705 | 6.625% | — | 7 | +$5,629 | |
| 20 | $14,513 | 6.500% | — | 7 | +$8,437 |
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 | Ross Mortgage Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $245,000 | $335,000 | −$90,000 (−26.9%) |
| Median total closing costs | $6,076 | $7,127 | −$1,051 (−14.7%) |
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.