Purchase Originations
480
Median Total Costs
$5,281
−20.9% vs national ($6,680)
↓ $91 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$592
Median Lender Credits
$2,000
Denial Rate
2.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 226 | 6.000% | $6,435 | $0 |
| conventional | 196 | 6.500% | $3,595 | $1,565 |
| va | 35 | 6.250% | $4,594 | $0 |
| usda | 23 | 5.875% | $3,690 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Alabama | 473 | 6.250% | $5,295 | #26 |
| Florida | 3 | 7.000% | $8,412 | — |
| Tennessee | 3 | 6.625% | $5,033 | — |
| Mississippi | 1 | 6.500% | $9,448 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,533 | 6.500% | — | 3 | −$3,748 | |
| 2 | $2,221 | 6.000% | — | 3 | −$3,060 | |
| 3 | $3,646 | 6.000% | — | 31 | −$1,635 | |
| 4 | $4,238 | 6.250% | — | 5 | −$1,043 | |
| 5 | $4,441 | 6.500% | — | 5 | −$840 | |
| 6 | $4,594 | 6.000% | — | 11 | −$687 | |
| 7 | $4,698 | 6.750% | — | 13 | −$583 | |
| 8 | $4,838 | 6.625% | — | 2 | −$443 | |
| 9 | $5,156 | 6.250% | — | 99 | −$125 | |
| 10 | $5,159 | 6.500% | — | 43 | −$122 | |
| 11 | $5,366 | 6.375% | — | 97 | +$85 | |
| 12 | $5,470 | 6.250% | — | 65 | +$189 | |
| 13 | $6,105 | 5.750% | — | 25 | +$824 | |
| 14 | $6,224 | 6.000% | — | 2 | +$943 | |
| 15 | $6,651 | 6.438% | — | 2 | +$1,370 | |
| 16 | $6,740 | 6.125% | — | 3 | +$1,459 | |
| 17 | $6,784 | 6.000% | — | 14 | +$1,503 | |
| 18 | $6,819 | 5.750% | — | 18 | +$1,538 | |
| 19 | $7,099 | 6.000% | — | 10 | +$1,818 | |
| 20 | $7,986 | 5.750% | — | 11 | +$2,705 |
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 | SouthPoint Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $5,281 | $7,127 | −$1,846 (−25.9%) |
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.