Purchase Originations
1,793
Ranked #247 nationally
Median Total Costs
$4,893
−26.8% vs national ($6,680)
↑ $796 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,905
Median Lender Credits
$102
Cost Rank (500+ vol.)
#186
among lenders with 500+ originations
Denial Rate
2.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,615 | 6.500% | $4,439 | $1,786 |
| fha | 144 | 6.375% | $10,637 | $3,298 |
| va | 25 | 6.490% | $5,537 | $1,729 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Minnesota | 952 | 6.500% | $6,741 | #12 |
| Wisconsin | 819 | 6.500% | $3,429 | #15 |
| Florida | 5 | 6.875% | $6,813 | — |
| Texas | 5 | 6.625% | $5,150 | — |
| Arizona | 2 | 6.125% | $8,551 | — |
| Georgia | 2 | 6.250% | $10,380 | — |
| Arkansas | 1 | 5.990% | $4,724 | — |
| Colorado | 1 | 6.375% | $2,367 | — |
| Hawaii | 1 | 6.250% | $5,795 | — |
| Kansas | 1 | 6.624% | $2,685 | — |
| Michigan | 1 | 7.250% | $4,072 | — |
| North Carolina | 1 | 6.250% | $9,595 | — |
| Oregon | 1 | 6.625% | $13,319 | — |
| Tennessee | 1 | 6.875% | $6,487 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,078 | 6.500% | — | 33 | −$1,815 | |
| 2 | $3,124 | 6.500% | — | 14 | −$1,769 | |
| 3 | $3,237 | 6.375% | — | 16 | −$1,656 | |
| 4 | $3,253 | 6.495% | — | 46 | −$1,640 | |
| 5 | $3,345 | 6.500% | — | 276 | −$1,548 | |
| 6 | $3,392 | 6.500% | — | 69 | −$1,501 | |
| 7 | $3,392 | 6.625% | — | 50 | −$1,501 | |
| 8 | $3,607 | 6.500% | — | 155 | −$1,286 | |
| 9 | $3,608 | 6.500% | — | 64 | −$1,285 | |
| 10 | $5,397 | 6.370% | — | 12 | +$504 | |
| 11 | $5,531 | 6.250% | — | 19 | +$638 | |
| 12 | $5,858 | 6.500% | — | 13 | +$965 | |
| 13 | $6,123 | 6.500% | — | 157 | +$1,230 | |
| 14 | $6,212 | 6.375% | — | 117 | +$1,319 | |
| 15 | $6,311 | 6.812% | — | 16 | +$1,418 | |
| 16 | $6,466 | 6.500% | — | 21 | +$1,573 | |
| 17 | $6,858 | 6.500% | — | 112 | +$1,965 | |
| 18 | $7,011 | 6.625% | — | 114 | +$2,118 | |
| 19 | $7,051 | 6.500% | — | 296 | +$2,158 | |
| 20 | $7,374 | 6.500% | — | 21 | +$2,481 |
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 | Royal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $275,000 | $335,000 | −$60,000 (−17.9%) |
| Median total closing costs | $4,893 | $7,127 | −$2,234 (−31.3%) |
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.