Purchase Originations
290
Median Total Costs
$5,630
−15.7% vs national ($6,680)
↑ $670 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$795
Median Lender Credits
$620
Denial Rate
1.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 290 | 6.125% | $5,630 | $795 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 225 | 6.125% | $5,684 | #139 |
| Texas | 8 | 5.938% | $5,413 | — |
| Washington | 7 | 6.000% | $4,693 | — |
| Illinois | 6 | 6.188% | $6,133 | — |
| Florida | 5 | 6.125% | $6,400 | — |
| Nevada | 4 | 6.062% | $4,529 | — |
| Massachusetts | 3 | 6.375% | $4,024 | — |
| Michigan | 3 | 5.750% | $3,287 | — |
| New Mexico | 3 | 6.625% | $5,441 | — |
| Colorado | 2 | 5.875% | $2,870 | — |
| Missouri | 2 | 5.875% | $2,902 | — |
| North Carolina | 2 | 5.438% | $3,141 | — |
| New Jersey | 2 | 6.000% | $9,725 | — |
| New York | 2 | 6.500% | $7,211 | — |
| Oregon | 2 | 6.188% | $4,803 | — |
| Pennsylvania | 2 | 6.250% | $5,450 | — |
| Virginia | 2 | 6.000% | $5,416 | — |
| Vermont | 2 | 6.312% | $4,576 | — |
| Arizona | 1 | 5.625% | $7,627 | — |
| District of Columbia | 1 | 5.750% | $7,973 | — |
| Georgia | 1 | 6.000% | $5,069 | — |
| Hawaii | 1 | 6.375% | $6,633 | — |
| Indiana | 1 | 5.625% | $2,669 | — |
| Ohio | 1 | 5.250% | $3,796 | — |
| Oklahoma | 1 | 5.625% | $5,789 | — |
| South Carolina | 1 | 6.250% | $3,848 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,172 | 5.875% | — | 2 | −$2,458 | |
| 2 | $3,938 | 6.125% | — | 58 | −$1,692 | |
| 3 | $4,516 | 6.250% | — | 3 | −$1,114 | |
| 4 | $4,583 | 6.125% | — | 3 | −$1,047 | |
| 5 | $4,605 | 6.125% | — | 5 | −$1,025 | |
| 6 | $4,790 | 6.000% | — | 3 | −$840 | |
| 7 | $4,803 | 6.188% | — | 2 | −$827 | |
| 8 | $5,058 | 6.125% | — | 4 | −$572 | |
| 9 | $5,450 | 6.250% | — | 2 | −$180 | |
| 10 | $5,676 | 6.125% | — | 3 | +$46 | |
| 11 | $5,751 | 6.125% | — | 28 | +$121 | |
| 12 | $5,938 | 6.250% | — | 68 | +$308 | |
| 13 | $6,075 | 6.000% | — | 2 | +$445 | |
| 14 | $6,120 | 6.250% | — | 2 | +$490 | |
| 15 | $6,203 | 6.125% | — | 5 | +$573 | |
| 16 | $6,355 | 5.938% | — | 8 | +$725 | |
| 17 | $6,388 | 6.125% | — | 23 | +$758 | |
| 18 | $6,429 | 6.312% | — | 4 | +$799 | |
| 19 | $8,450 | 6.188% | — | 6 | +$2,820 | |
| 20 | $9,579 | 6.125% | — | 4 | +$3,949 |
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 | STANFORD Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $795,000 | $335,000 | +$460,000 (+137.3%) |
| Median total closing costs | $5,630 | $7,127 | −$1,497 (−21.0%) |
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.