Purchase Originations
4,008
Ranked #122 nationally
Median Total Costs
$5,156
−22.8% vs national ($6,680)
↑ $10 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,102
Median Lender Credits
$75
Cost Rank (500+ vol.)
#209
among lenders with 500+ originations
Denial Rate
3.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,770 | 6.625% | $4,424 | $1,395 |
| fha | 803 | 6.500% | $7,087 | $0 |
| va | 387 | 6.250% | $6,214 | $0 |
| usda | 48 | 6.312% | $3,303 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 1,012 | 6.500% | $6,290 | #64 |
| Tennessee | 406 | 6.500% | $3,178 | #40 |
| Minnesota | 340 | 6.500% | $5,917 | #43 |
| Georgia | 334 | 6.375% | $4,681 | #70 |
| Virginia | 292 | 6.625% | $4,844 | #63 |
| Colorado | 274 | 6.625% | $2,746 | #60 |
| Maryland | 251 | 6.625% | $5,611 | #52 |
| Arkansas | 228 | 6.500% | $4,504 | #32 |
| Florida | 217 | 6.625% | $5,561 | #157 |
| Pennsylvania | 183 | 6.500% | $5,258 | #112 |
| Oklahoma | 157 | 6.625% | $5,388 | #52 |
| Utah | 59 | 6.500% | $5,366 | #74 |
| Alabama | 57 | 6.625% | $2,840 | #126 |
| North Carolina | 37 | 6.625% | $5,250 | — |
| District of Columbia | 36 | 6.500% | $7,726 | — |
| Mississippi | 28 | 6.125% | $4,701 | — |
| Kentucky | 25 | 6.500% | $5,368 | — |
| Louisiana | 19 | 6.625% | $4,046 | — |
| South Carolina | 13 | 6.750% | $5,740 | — |
| Wisconsin | 10 | 6.625% | $4,493 | — |
| Ohio | 6 | 6.750% | $5,514 | — |
| West Virginia | 6 | 6.500% | $4,919 | — |
| New Mexico | 4 | 6.688% | $6,160 | — |
| Delaware | 3 | 6.875% | $6,613 | — |
| New Hampshire | 2 | 6.312% | $10,493 | — |
| New Jersey | 2 | 6.245% | $12,116 | — |
| Arizona | 1 | 6.625% | $4,742 | — |
| California | 1 | 6.875% | $5,190 | — |
| Connecticut | 1 | 6.500% | $6,752 | — |
| Idaho | 1 | 6.125% | $6,726 | — |
| Massachusetts | 1 | 6.500% | $12,258 | — |
| Nevada | 1 | 6.750% | $970 | — |
| Oregon | 1 | 6.625% | $978 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,073 | 6.500% | — | 122 | −$3,083 | |
| 2 | $3,015 | 6.625% | — | 49 | −$2,141 | |
| 3 | $3,276 | 6.625% | — | 57 | −$1,880 | |
| 4 | $4,292 | 6.625% | — | 89 | −$864 | |
| 5 | $4,507 | 6.500% | — | 67 | −$649 | |
| 6 | $4,830 | 6.625% | — | 78 | −$326 | |
| 7 | $5,103 | 6.500% | — | 47 | −$53 | |
| 8 | $5,346 | 6.562% | — | 50 | +$190 | |
| 9 | $5,386 | 6.125% | — | 80 | +$230 | |
| 10 | $5,508 | 6.625% | — | 79 | +$352 | |
| 11 | $5,509 | 5.875% | — | 102 | +$353 | |
| 12 | $5,648 | 6.625% | — | 167 | +$492 | |
| 13 | $5,771 | 6.625% | — | 78 | +$615 | |
| 14 | $5,825 | 6.562% | — | 66 | +$669 | |
| 15 | $6,261 | 6.375% | — | 46 | +$1,105 | |
| 16 | $6,265 | 6.438% | — | 66 | +$1,109 | |
| 17 | $6,793 | 6.625% | — | 70 | +$1,637 | |
| 18 | $6,862 | 6.625% | — | 55 | +$1,706 | |
| 19 | $7,366 | 6.500% | — | 53 | +$2,210 | |
| 20 | $7,861 | 6.625% | — | 72 | +$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 | SWBC Mortgage Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $315,000 | $335,000 | −$20,000 (−6.0%) |
| Median total closing costs | $5,156 | $7,127 | −$1,971 (−27.7%) |
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.