Purchase Originations
367
Median Total Costs
$18,121
+171.3% vs national ($6,680)
↑ $2,168 vs prior year
Median Rate
4.990%
−23.1% vs national (6.490%)
↓ 0.885% vs prior year
Median Origination
$12,250
Median Lender Credits
$126
Denial Rate
2.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 231 | 5.375% | $16,028 | $11,720 |
| va | 83 | 4.875% | $18,858 | $13,446 |
| fha | 53 | 4.875% | $24,533 | $12,310 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 144 | 5.183% | $17,262 | #113 |
| North Carolina | 87 | 4.990% | $17,494 | #159 |
| South Carolina | 67 | 4.990% | $19,462 | #144 |
| Pennsylvania | 17 | 4.990% | $18,572 | — |
| Louisiana | 12 | 5.125% | $20,718 | — |
| Indiana | 11 | 4.990% | $17,452 | — |
| Kentucky | 9 | 4.990% | $18,800 | — |
| Tennessee | 6 | 4.875% | $22,772 | — |
| Michigan | 5 | 4.875% | $23,649 | — |
| West Virginia | 4 | 5.183% | $22,200 | — |
| Oklahoma | 2 | 5.125% | $9,769 | — |
| Virginia | 2 | 5.433% | $16,635 | — |
| Georgia | 1 | 3.990% | $27,689 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $14,940 | 4.875% | — | 5 | −$3,181 | |
| 2 | $15,008 | 5.490% | — | 6 | −$3,113 | |
| 3 | $15,179 | 5.375% | — | 4 | −$2,942 | |
| 4 | $15,548 | 5.375% | — | 7 | −$2,573 | |
| 5 | $16,025 | 5.375% | — | 5 | −$2,096 | |
| 6 | $16,065 | 5.490% | — | 5 | −$2,056 | |
| 7 | $16,525 | 5.240% | — | 4 | −$1,596 | |
| 8 | $17,034 | 4.875% | — | 4 | −$1,087 | |
| 9 | $17,151 | 4.875% | — | 7 | −$970 | |
| 10 | $17,245 | 5.375% | — | 5 | −$876 | |
| 11 | $18,015 | 7.625% | — | 8 | −$106 | |
| 12 | $18,138 | 4.990% | — | 7 | +$17 | |
| 13 | $18,857 | 4.990% | — | 4 | +$736 | |
| 14 | $19,890 | 4.875% | — | 5 | +$1,769 | |
| 15 | $20,372 | 5.683% | — | 6 | +$2,251 | |
| 16 | $20,573 | 4.875% | — | 5 | +$2,452 | |
| 17 | $21,080 | 4.990% | — | 5 | +$2,959 | |
| 18 | $22,415 | 4.990% | — | 5 | +$4,294 | |
| 19 | $22,919 | 4.990% | — | 5 | +$4,798 | |
| 20 | $23,966 | 4.375% | — | 6 | +$5,845 |
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 | Schumacher Mortgage LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $535,000 | $335,000 | +$200,000 (+59.7%) |
| Median total closing costs | $18,121 | $7,127 | +$10,994 (+154.3%) |
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.