Purchase Originations
270
Median Total Costs
$4,126
−38.2% vs national ($6,680)
↑ $882 vs prior year
Median Rate
5.750%
−11.4% vs national (6.490%)
↓ 0.240% vs prior year
Median Origination
$0
Median Lender Credits
$40
Denial Rate
1.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 192 | 5.990% | $3,344 | $0 |
| va | 49 | 5.750% | $1,709 | $0 |
| fha | 29 | 5.750% | $9,371 | $0 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,437 | 5.750% | — | 14 | −$2,689 | |
| 2 | $1,610 | 5.812% | — | 6 | −$2,516 | |
| 3 | $1,966 | 5.990% | — | 40 | −$2,160 | |
| 4 | $3,175 | 6.688% | — | 4 | −$951 | |
| 5 | $3,677 | 5.750% | — | 12 | −$449 | |
| 6 | $3,951 | 5.990% | — | 13 | −$175 | |
| 7 | $4,167 | 5.490% | — | 23 | +$41 | |
| 8 | $4,366 | 5.990% | — | 11 | +$240 | |
| 9 | $4,540 | 5.490% | — | 7 | +$414 | |
| 10 | $4,880 | 6.500% | — | 6 | +$754 | |
| 11 | $5,017 | 5.750% | — | 36 | +$891 | |
| 12 | $5,393 | 5.990% | — | 82 | +$1,267 | |
| 13 | $5,393 | 5.620% | — | 8 | +$1,267 | |
| 14 | $8,467 | 5.240% | — | 8 | +$4,341 |
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 | Southern Lending Services, LTD. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $505,000 | $335,000 | +$170,000 (+50.7%) |
| Median total closing costs | $4,126 | $7,127 | −$3,001 (−42.1%) |
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.