Purchase Originations
3,806
Ranked #130 nationally
Median Total Costs
$5,655
−15.3% vs national ($6,680)
↑ $238 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$950
Median Lender Credits
$6,258
Cost Rank (500+ vol.)
#250
among lenders with 500+ originations
Denial Rate
6.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,763 | 6.250% | $5,614 | $950 |
| fha | 36 | 6.562% | $9,595 | $0 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 1,096 | 6.125% | $6,415 | #21 |
| New Jersey | 769 | 6.125% | $6,298 | #22 |
| Florida | 393 | 6.375% | $6,335 | #106 |
| Pennsylvania | 361 | 6.250% | $5,480 | #59 |
| Massachusetts | 266 | 6.125% | $5,108 | #44 |
| South Carolina | 261 | 6.375% | $4,345 | #67 |
| North Carolina | 174 | 6.375% | $4,268 | #114 |
| Maine | 89 | 6.500% | $3,449 | #29 |
| Maryland | 83 | 6.625% | $4,364 | #107 |
| Connecticut | 82 | 6.625% | $4,867 | #58 |
| Virginia | 76 | 6.188% | $4,712 | #147 |
| New Hampshire | 62 | 6.500% | $3,291 | #43 |
| District of Columbia | 27 | 6.125% | $5,522 | — |
| Delaware | 27 | 6.500% | $4,345 | — |
| Vermont | 22 | 6.250% | $4,305 | — |
| Rhode Island | 18 | 6.625% | $5,046 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,453 | 6.750% | — | 49 | −$1,202 | |
| 2 | $4,694 | 6.500% | — | 104 | −$961 | |
| 3 | $4,905 | 6.000% | — | 53 | −$750 | |
| 4 | $4,962 | 6.000% | — | 48 | −$693 | |
| 5 | $5,019 | 6.000% | — | 97 | −$636 | |
| 6 | $5,143 | 6.000% | — | 143 | −$512 | |
| 7 | $5,619 | 6.125% | — | 56 | −$36 | |
| 8 | $5,921 | 6.125% | — | 63 | +$266 | |
| 9 | $6,035 | 6.500% | — | 49 | +$380 | |
| 10 | $6,209 | 6.250% | — | 103 | +$554 | |
| 11 | $6,548 | 5.750% | — | 72 | +$893 | |
| 12 | $6,627 | 6.000% | — | 60 | +$972 | |
| 13 | $6,767 | 6.125% | — | 155 | +$1,112 | |
| 14 | $6,899 | 6.000% | — | 98 | +$1,244 | |
| 15 | $6,942 | 6.250% | — | 109 | +$1,287 | |
| 16 | $6,979 | 6.125% | — | 53 | +$1,324 | |
| 17 | $7,033 | 6.125% | — | 162 | +$1,378 | |
| 18 | $7,283 | 5.875% | — | 117 | +$1,628 | |
| 19 | $7,585 | 5.875% | — | 212 | +$1,930 | |
| 20 | $7,686 | 6.125% | — | 62 | +$2,031 |
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 | TD Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $645,000 | $335,000 | +$310,000 (+92.5%) |
| Median total closing costs | $5,655 | $7,127 | −$1,472 (−20.7%) |
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.