Purchase Originations
916
Ranked #403 nationally
Median Total Costs
$6,857
+2.6% vs national ($6,680)
↑ $609 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,270
Median Lender Credits
$126
Cost Rank (500+ vol.)
#355
among lenders with 500+ originations
Denial Rate
0.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 524 | 6.375% | $5,253 | $1,270 |
| fha | 338 | 6.000% | $9,646 | $1,270 |
| va | 51 | 6.125% | $6,218 | $1,270 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 895 | 6.250% | $6,919 | #71 |
| Oklahoma | 4 | 6.500% | $4,926 | — |
| New Mexico | 3 | 5.750% | $6,050 | — |
| Arkansas | 2 | 6.188% | $3,244 | — |
| Colorado | 2 | 6.750% | $3,664 | — |
| Georgia | 2 | 6.375% | $4,756 | — |
| Alabama | 1 | 6.125% | $3,950 | — |
| Florida | 1 | 6.125% | $7,108 | — |
| Illinois | 1 | 6.375% | $7,136 | — |
| Louisiana | 1 | 6.625% | $5,006 | — |
| Massachusetts | 1 | 6.625% | $5,296 | — |
| Missouri | 1 | 6.375% | $3,275 | — |
| North Carolina | 1 | 5.875% | $3,946 | — |
| Nebraska | 1 | 6.750% | $2,734 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,985 | 6.375% | — | 3 | −$2,872 | |
| 2 | $5,015 | 7.000% | — | 3 | −$1,842 | |
| 3 | $5,833 | 6.125% | — | 3 | −$1,024 | |
| 4 | $6,050 | 5.750% | — | 3 | −$807 | |
| 5 | $6,079 | 6.250% | — | 469 | −$778 | |
| 6 | $6,251 | 6.125% | — | 3 | −$606 | |
| 7 | $6,657 | 6.250% | — | 8 | −$200 | |
| 8 | $6,843 | 5.750% | — | 5 | −$14 | |
| 9 | $6,887 | 6.312% | — | 34 | +$30 | |
| 10 | $6,934 | 6.250% | — | 152 | +$77 | |
| 11 | $7,041 | 6.125% | — | 4 | +$184 | |
| 12 | $7,366 | 6.375% | — | 5 | +$509 | |
| 13 | $7,568 | 6.188% | — | 4 | +$711 | |
| 14 | $8,102 | 6.125% | — | 8 | +$1,245 | |
| 15 | $8,710 | 6.188% | — | 6 | +$1,853 | |
| 16 | $8,906 | 6.375% | — | 4 | +$2,049 | |
| 17 | $9,210 | 6.125% | — | 24 | +$2,353 | |
| 18 | $9,528 | 6.125% | — | 109 | +$2,671 | |
| 19 | $14,875 | 6.062% | — | 6 | +$8,018 | |
| 20 | $16,277 | 6.062% | — | 2 | +$9,420 |
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 | Texas Tech Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $6,857 | $7,127 | −$270 (−3.8%) |
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.