Purchase Originations
1,834
Ranked #244 nationally
Median Total Costs
$6,217
−6.9% vs national ($6,680)
↓ $613 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,833
Median Lender Credits
$55
Cost Rank (500+ vol.)
#299
among lenders with 500+ originations
Denial Rate
6.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,223 | 6.500% | $5,376 | $1,912 |
| fha | 370 | 6.125% | $9,884 | $2,287 |
| va | 181 | 6.125% | $5,753 | $955 |
| usda | 60 | 6.000% | $6,778 | $1,508 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Georgia | 838 | 6.375% | $6,245 | #28 |
| Alabama | 528 | 6.375% | $5,538 | #24 |
| Florida | 257 | 6.125% | $8,295 | #138 |
| South Carolina | 171 | 6.250% | $5,560 | #86 |
| Tennessee | 28 | 6.312% | $7,564 | — |
| North Carolina | 10 | 6.188% | $5,655 | — |
| Oregon | 1 | 5.875% | $7,301 | — |
| Texas | 1 | 6.000% | $49,492 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,857 | 6.375% | — | 49 | −$1,360 | |
| 2 | $4,868 | 6.375% | — | 25 | −$1,349 | |
| 3 | $5,064 | 6.250% | — | 34 | −$1,153 | |
| 4 | $5,078 | 6.500% | — | 53 | −$1,139 | |
| 5 | $5,121 | 6.500% | — | 90 | −$1,096 | |
| 6 | $5,138 | 6.375% | — | 54 | −$1,079 | |
| 7 | $5,326 | 6.125% | — | 61 | −$891 | |
| 8 | $5,563 | 6.625% | — | 25 | −$654 | |
| 9 | $5,713 | 6.375% | — | 34 | −$504 | |
| 10 | $5,746 | 6.500% | — | 150 | −$471 | |
| 11 | $5,762 | 6.500% | — | 43 | −$455 | |
| 12 | $5,862 | 6.500% | — | 37 | −$355 | |
| 13 | $6,365 | 6.125% | — | 122 | +$148 | |
| 14 | $6,670 | 6.625% | — | 30 | +$453 | |
| 15 | $6,791 | 6.438% | — | 26 | +$574 | |
| 16 | $7,510 | 6.062% | — | 24 | +$1,293 | |
| 17 | $7,561 | 6.250% | — | 27 | +$1,344 | |
| 18 | $7,651 | 6.312% | — | 48 | +$1,434 | |
| 19 | $8,188 | 6.375% | — | 30 | +$1,971 | |
| 20 | $10,131 | 6.000% | — | 44 | +$3,914 |
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 | Synovus Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $275,000 | $335,000 | −$60,000 (−17.9%) |
| Median total closing costs | $6,217 | $7,127 | −$910 (−12.8%) |
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.