Purchase Originations
440
Median Total Costs
$6,769
+1.3% vs national ($6,680)
↑ $637 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$3,812
Median Lender Credits
$375
Denial Rate
6.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 405 | 6.375% | $6,461 | $3,825 |
| fha | 35 | 5.875% | $12,608 | $3,703 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Washington | 380 | 6.250% | $6,642 | #41 |
| Idaho | 53 | 6.375% | $7,072 | #64 |
| Oregon | 7 | 6.500% | $9,660 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,212 | 6.125% | — | 3 | −$2,557 | |
| 2 | $4,849 | 6.000% | — | 2 | −$1,920 | |
| 3 | $5,045 | 6.625% | — | 1 | −$1,724 | |
| 4 | $5,851 | 6.000% | — | 3 | −$918 | |
| 5 | $6,222 | 6.375% | — | 263 | −$547 | |
| 6 | $6,729 | 6.188% | — | 6 | −$40 | |
| 7 | $6,735 | 6.875% | — | 3 | −$34 | |
| 8 | $6,939 | 5.750% | — | 13 | +$170 | |
| 9 | $7,164 | 6.375% | — | 37 | +$395 | |
| 10 | $7,596 | 6.812% | — | 2 | +$827 | |
| 11 | $7,732 | 6.250% | — | 11 | +$963 | |
| 12 | $8,177 | 6.375% | — | 7 | +$1,408 | |
| 13 | $8,856 | 6.750% | — | 2 | +$2,087 | |
| 14 | $8,899 | 6.375% | — | 26 | +$2,130 | |
| 15 | $8,958 | 6.375% | — | 14 | +$2,189 | |
| 16 | $9,623 | 6.312% | — | 2 | +$2,854 | |
| 17 | $9,977 | 6.125% | — | 24 | +$3,208 | |
| 18 | $9,998 | 6.438% | — | 2 | +$3,229 | |
| 19 | $10,938 | 6.500% | — | 3 | +$4,169 | |
| 20 | $12,005 | 5.875% | — | 1 | +$5,236 |
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 | Spokane Teachers | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $340,000 | $335,000 | +$5,000 (+1.5%) |
| Median total closing costs | $6,769 | $7,127 | −$358 (−5.0%) |
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.