Purchase Originations
8,782
Ranked #47 nationally
Median Total Costs
$4,708
−29.5% vs national ($6,680)
↑ $140 vs prior year
Median Rate
5.825%
−10.3% vs national (6.490%)
↓ 0.675% vs prior year
Median Origination
$2,500
Median Lender Credits
$91
Cost Rank (500+ vol.)
#168
among lenders with 500+ originations
Denial Rate
13.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 8,782 | 5.825% | $4,708 | $2,500 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 8,429 | 5.825% | $4,701 | #1 |
| South Carolina | 192 | 6.000% | $4,976 | #79 |
| Virginia | 73 | 6.000% | $4,909 | #151 |
| Georgia | 44 | 5.775% | $5,344 | — |
| Tennessee | 44 | 6.150% | $5,032 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,401 | 5.875% | — | 193 | −$307 | |
| 2 | $4,496 | 5.875% | — | 147 | −$212 | |
| 3 | $4,515 | 6.000% | — | 287 | −$193 | |
| 4 | $4,569 | 5.875% | — | 173 | −$139 | |
| 5 | $4,616 | 5.875% | — | 259 | −$92 | |
| 6 | $4,626 | 6.000% | — | 217 | −$82 | |
| 7 | $4,646 | 5.825% | — | 146 | −$62 | |
| 8 | $4,648 | 6.150% | — | 143 | −$60 | |
| 9 | $4,656 | 5.825% | — | 392 | −$52 | |
| 10 | $4,719 | 5.900% | — | 310 | +$11 | |
| 11 | $4,761 | 5.825% | — | 175 | +$53 | |
| 12 | $4,761 | 5.875% | — | 137 | +$53 | |
| 13 | $4,770 | 5.763% | — | 138 | +$62 | |
| 14 | $4,781 | 5.500% | — | 169 | +$73 | |
| 15 | $4,836 | 5.825% | — | 175 | +$128 | |
| 16 | $4,860 | 5.825% | — | 263 | +$152 | |
| 17 | $4,870 | 5.825% | — | 986 | +$162 | |
| 18 | $4,900 | 5.875% | — | 143 | +$192 | |
| 19 | $5,085 | 5.825% | — | 290 | +$377 | |
| 20 | $5,122 | 5.825% | — | 198 | +$414 |
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 | State Employees' | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $275,000 | $335,000 | −$60,000 (−17.9%) |
| Median total closing costs | $4,708 | $7,127 | −$2,419 (−33.9%) |
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.