Purchase Originations
139
Median Total Costs
$2,545
−61.9% vs national ($6,680)
↑ $318 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,025
Median Lender Credits
$1,558
Denial Rate
3.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 139 | 6.750% | $2,545 | $1,025 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Indiana | 139 | 6.750% | $2,545 | #106 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,404 | 6.500% | — | 1 | −$1,141 | |
| 2 | $1,878 | 6.625% | — | 1 | −$667 | |
| 3 | $2,239 | 7.000% | — | 1 | −$306 | |
| 4 | $2,245 | 7.000% | — | 1 | −$300 | |
| 5 | $2,366 | 6.750% | — | 7 | −$179 | |
| 6 | $2,366 | 6.500% | — | 3 | −$179 | |
| 7 | $2,431 | 6.625% | — | 59 | −$114 | |
| 8 | $2,611 | 7.000% | — | 1 | +$66 | |
| 9 | $2,635 | 6.750% | — | 42 | +$90 | |
| 10 | $2,724 | 6.875% | — | 4 | +$179 | |
| 11 | $2,786 | 6.688% | — | 6 | +$241 | |
| 12 | $2,791 | 6.812% | — | 2 | +$246 | |
| 13 | $2,998 | 7.875% | — | 1 | +$453 | |
| 14 | $3,131 | 6.875% | — | 7 | +$586 | |
| 15 | $6,793 | 6.500% | — | 1 | +$4,248 | |
| 16 | $8,419 | 6.062% | — | 2 | +$5,874 |
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 | Security Federal Savings Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $165,000 | $335,000 | −$170,000 (−50.7%) |
| Median total closing costs | $2,545 | $7,127 | −$4,582 (−64.3%) |
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.