Purchase Originations
3,007
Ranked #161 nationally
Median Total Costs
$11,609
+73.8% vs national ($6,680)
↓ $807 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$4,065
Median Lender Credits
$1,610
Cost Rank (500+ vol.)
#576
among lenders with 500+ originations
Denial Rate
4.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,319 | 6.490% | $8,813 | $4,892 |
| fha | 1,286 | 5.990% | $14,241 | $4,048 |
| va | 373 | 5.625% | $9,138 | $2,065 |
| usda | 29 | 6.375% | $7,765 | $2,065 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 2,681 | 6.124% | $12,126 | #17 |
| Minnesota | 96 | 5.750% | $10,267 | #92 |
| Louisiana | 63 | 6.625% | $5,876 | #72 |
| Tennessee | 54 | 6.562% | $9,810 | #177 |
| North Carolina | 32 | 6.875% | $6,123 | — |
| Florida | 27 | 6.375% | $8,847 | — |
| Arizona | 19 | 6.750% | $9,487 | — |
| Georgia | 9 | 6.750% | $8,055 | — |
| Kentucky | 9 | 6.490% | $7,764 | — |
| Arkansas | 7 | 6.500% | $7,651 | — |
| Wisconsin | 6 | 6.183% | $7,563 | — |
| Colorado | 1 | 6.490% | $18,728 | — |
| Maine | 1 | 5.990% | $13,651 | — |
| Oklahoma | 1 | 6.250% | $11,839 | — |
| South Dakota | 1 | 5.990% | $4,746 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,756 | 6.750% | — | 34 | −$5,853 | |
| 2 | $9,561 | 4.990% | — | 52 | −$2,048 | |
| 3 | $10,325 | 5.500% | — | 89 | −$1,284 | |
| 4 | $10,778 | 5.500% | — | 39 | −$831 | |
| 5 | $11,103 | 6.624% | — | 99 | −$506 | |
| 6 | $11,109 | 6.375% | — | 338 | −$500 | |
| 7 | $11,121 | 6.438% | — | 46 | −$488 | |
| 8 | $11,540 | 5.375% | — | 53 | −$69 | |
| 9 | $11,607 | 6.490% | — | 167 | −$2 | |
| 10 | $11,749 | 5.750% | — | 56 | +$140 | |
| 11 | $11,916 | 6.125% | — | 170 | +$307 | |
| 12 | $12,201 | 5.750% | — | 215 | +$592 | |
| 13 | $12,445 | 6.125% | — | 71 | +$836 | |
| 14 | $12,449 | 5.990% | — | 196 | +$840 | |
| 15 | $12,999 | 6.250% | — | 33 | +$1,390 | |
| 16 | $13,421 | 5.624% | — | 160 | +$1,812 | |
| 17 | $13,487 | 5.990% | — | 84 | +$1,878 | |
| 18 | $13,575 | 5.990% | — | 61 | +$1,966 | |
| 19 | $14,272 | 5.750% | — | 48 | +$2,663 | |
| 20 | $14,750 | 5.990% | — | 392 | +$3,141 |
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 | SFMC, LP | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $365,000 | $335,000 | +$30,000 (+9.0%) |
| Median total closing costs | $11,609 | $7,127 | +$4,482 (+62.9%) |
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.