Purchase Originations
660
Ranked #525 nationally
Median Total Costs
$6,391
−4.3% vs national ($6,680)
↑ $218 vs prior year
Median Rate
6.750%
+4.0% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,670
Median Lender Credits
$887
Cost Rank (500+ vol.)
#316
among lenders with 500+ originations
Denial Rate
3.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 544 | 6.750% | $6,169 | $1,670 |
| va | 86 | 6.000% | $11,749 | $2,825 |
| fha | 29 | 6.000% | $15,575 | $1,989 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 204 | 6.750% | $6,353 | #95 |
| Maryland | 103 | 6.500% | $8,126 | #98 |
| Colorado | 101 | 6.750% | $4,593 | #107 |
| Florida | 70 | 6.688% | $6,844 | #273 |
| Virginia | 70 | 6.625% | $7,278 | #156 |
| Oregon | 42 | 6.875% | $7,310 | — |
| Texas | 41 | 6.875% | $7,503 | — |
| Washington | 9 | 6.750% | $7,805 | — |
| North Carolina | 8 | 6.625% | $5,909 | — |
| District of Columbia | 4 | 6.812% | $5,878 | — |
| Indiana | 3 | 6.750% | $2,871 | — |
| Wisconsin | 2 | 6.745% | $2,806 | — |
| Iowa | 1 | 6.375% | $3,185 | — |
| Minnesota | 1 | 6.990% | $4,402 | — |
| South Carolina | 1 | 6.490% | $4,717 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,273 | 6.750% | — | 37 | −$2,118 | |
| 2 | $4,303 | 6.750% | — | 15 | −$2,088 | |
| 3 | $4,424 | 6.750% | — | 13 | −$1,967 | |
| 4 | $5,068 | 6.750% | — | 10 | −$1,323 | |
| 5 | $5,170 | 6.500% | — | 13 | −$1,221 | |
| 6 | $5,998 | 6.875% | — | 11 | −$393 | |
| 7 | $6,022 | 6.995% | — | 14 | −$369 | |
| 8 | $6,193 | 6.375% | — | 15 | −$198 | |
| 9 | $6,393 | 6.750% | — | 163 | +$2 | |
| 10 | $6,780 | 6.875% | — | 11 | +$389 | |
| 11 | $6,871 | 6.750% | — | 11 | +$480 | |
| 12 | $7,060 | 6.625% | — | 30 | +$669 | |
| 13 | $7,234 | 6.875% | — | 16 | +$843 | |
| 14 | $7,503 | 6.875% | — | 17 | +$1,112 | |
| 15 | $8,584 | 6.500% | — | 9 | +$2,193 | |
| 16 | $8,757 | 6.812% | — | 8 | +$2,366 | |
| 17 | $11,064 | 6.750% | — | 13 | +$4,673 | |
| 18 | $11,245 | 6.375% | — | 33 | +$4,854 | |
| 19 | $11,302 | 6.125% | — | 12 | +$4,911 | |
| 20 | $12,951 | 6.000% | — | 8 | +$6,560 |
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 | Select Lending Services LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $435,000 | $335,000 | +$100,000 (+29.9%) |
| Median total closing costs | $6,391 | $7,127 | −$736 (−10.3%) |
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.