Purchase Originations
109
Median Total Costs
$4,096
−38.7% vs national ($6,680)
↑ $762 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$0
Median Lender Credits
$32
Denial Rate
2.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 109 | 6.500% | $4,096 | $0 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,363 | 7.125% | — | 1 | −$733 | |
| 2 | $3,484 | 6.500% | — | 21 | −$612 | |
| 3 | $3,923 | 6.500% | — | 59 | −$173 | |
| 4 | $4,496 | 6.688% | — | 6 | +$400 | |
| 5 | $4,501 | 6.250% | — | 6 | +$405 | |
| 6 | $4,745 | 6.125% | — | 1 | +$649 | |
| 7 | $5,135 | 6.500% | — | 13 | +$1,039 | |
| 8 | $5,618 | 6.500% | — | 1 | +$1,522 | |
| 9 | $6,106 | 6.125% | — | 1 | +$2,010 |
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 | TEG Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $395,000 | $335,000 | +$60,000 (+17.9%) |
| Median total closing costs | $4,096 | $7,127 | −$3,031 (−42.5%) |
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.