Purchase Originations
543
Ranked #598 nationally
Median Total Costs
$5,021
−24.8% vs national ($6,680)
↓ $133 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,236
Median Lender Credits
$593
Cost Rank (500+ vol.)
#196
among lenders with 500+ originations
Denial Rate
5.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 488 | 6.000% | $5,036 | $1,230 |
| fha | 50 | 6.312% | $4,697 | $1,439 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maryland | 427 | 6.125% | $4,771 | #33 |
| Virginia | 60 | 5.625% | $6,630 | #167 |
| Pennsylvania | 22 | 6.250% | $5,295 | — |
| District of Columbia | 19 | 5.875% | $11,863 | — |
| Delaware | 8 | 5.938% | $4,352 | — |
| West Virginia | 7 | 5.750% | $4,606 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,160 | 5.938% | — | 6 | −$861 | |
| 2 | $4,166 | 5.875% | — | 5 | −$855 | |
| 3 | $4,402 | 6.250% | — | 13 | −$619 | |
| 4 | $4,407 | 6.375% | — | 21 | −$614 | |
| 5 | $4,418 | 6.250% | — | 49 | −$603 | |
| 6 | $4,489 | 6.000% | — | 23 | −$532 | |
| 7 | $4,535 | 6.000% | — | 17 | −$486 | |
| 8 | $4,539 | 6.250% | — | 87 | −$482 | |
| 9 | $4,811 | 6.125% | — | 4 | −$210 | |
| 10 | $4,854 | 6.125% | — | 49 | −$167 | |
| 11 | $4,962 | 6.125% | — | 17 | −$59 | |
| 12 | $4,983 | 6.375% | — | 23 | −$38 | |
| 13 | $5,123 | 6.250% | — | 4 | +$102 | |
| 14 | $5,200 | 5.625% | — | 5 | +$179 | |
| 15 | $5,413 | 6.000% | — | 45 | +$392 | |
| 16 | $5,777 | 6.000% | — | 56 | +$756 | |
| 17 | $6,120 | 6.062% | — | 8 | +$1,099 | |
| 18 | $8,328 | 5.625% | — | 22 | +$3,307 | |
| 19 | $11,863 | 5.875% | — | 19 | +$6,842 | |
| 20 | $12,503 | 5.625% | — | 16 | +$7,482 |
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 Credit Union OF Maryland, Incorporated | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $415,000 | $335,000 | +$80,000 (+23.9%) |
| Median total closing costs | $5,021 | $7,127 | −$2,106 (−29.5%) |
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.