Purchase Originations
138
Median Total Costs
$2,453
−63.3% vs national ($6,680)
↑ $197 vs prior year
Median Rate
6.000%
−7.5% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$795
Median Lender Credits
$500
Denial Rate
9.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 138 | 6.000% | $2,453 | $795 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Wisconsin | 138 | 6.000% | $2,453 | #79 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,362 | 6.000% | — | 61 | −$91 | |
| 2 | $2,383 | 6.000% | — | 24 | −$70 | |
| 3 | $2,442 | 6.500% | — | 2 | −$11 | |
| 4 | $2,453 | 6.000% | — | 18 | +$0 | |
| 5 | $2,528 | 6.250% | — | 3 | +$75 | |
| 6 | $2,673 | 6.250% | — | 1 | +$220 | |
| 7 | $2,819 | 6.250% | — | 1 | +$366 | |
| 8 | $2,823 | 6.188% | — | 2 | +$370 | |
| 9 | $2,837 | 6.000% | — | 23 | +$384 | |
| 10 | $3,374 | 7.500% | — | 1 | +$921 | |
| 11 | $3,415 | 6.500% | — | 2 | +$962 |
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 | Simplicity | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $195,000 | $335,000 | −$140,000 (−41.8%) |
| Median total closing costs | $2,453 | $7,127 | −$4,674 (−65.6%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.