Purchase Originations
130
Median Total Costs
$5,873
−12.1% vs national ($6,680)
↓ $204 vs prior year
Median Rate
6.188%
−4.7% vs national (6.490%)
↓ 0.062% vs prior year
Median Origination
$3,221
Median Lender Credits
$3,464
Denial Rate
9.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 113 | 6.375% | $5,770 | $3,200 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Carolina | 98 | 6.188% | $5,862 | #120 |
| Georgia | 32 | 6.250% | $5,885 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,693 | 5.750% | — | 5 | −$3,180 | |
| 2 | $2,816 | 5.312% | — | 14 | −$3,057 | |
| 3 | $4,094 | 6.375% | — | 1 | −$1,779 | |
| 4 | $5,151 | 6.375% | — | 7 | −$722 | |
| 5 | $5,153 | 6.750% | — | 1 | −$720 | |
| 6 | $5,768 | 5.750% | — | 7 | −$105 | |
| 7 | $5,976 | 6.250% | — | 75 | +$103 | |
| 8 | $6,962 | 7.250% | — | 1 | +$1,089 | |
| 9 | $7,137 | 5.990% | — | 1 | +$1,264 | |
| 10 | $7,394 | 6.625% | — | 14 | +$1,521 | |
| 11 | $7,969 | 6.490% | — | 1 | +$2,096 | |
| 12 | $8,334 | 5.500% | — | 1 | +$2,461 | |
| 13 | $9,134 | 5.990% | — | 1 | +$3,261 | |
| 14 | $12,257 | 7.250% | — | 1 | +$6,384 |
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 Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $250,000 | $335,000 | −$85,000 (−25.4%) |
| Median total closing costs | $5,873 | $7,127 | −$1,254 (−17.6%) |
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.