Purchase Originations
164
Median Total Costs
$4,518
−32.4% vs national ($6,680)
↑ $233 vs prior year
Median Rate
6.490%
+0.0% vs national (6.490%)
↓ 0.135% vs prior year
Median Origination
$1,245
Median Lender Credits
$350
Denial Rate
4.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 164 | 6.490% | $4,518 | $1,245 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 150 | 6.490% | $4,511 | #68 |
| Rhode Island | 6 | 6.438% | $4,519 | — |
| New Hampshire | 5 | 6.500% | $4,784 | — |
| Illinois | 1 | 6.375% | $10,993 | — |
| Indiana | 1 | 5.625% | $10,256 | — |
| North Carolina | 1 | 6.625% | $3,431 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,431 | 6.625% | — | 1 | −$1,087 | |
| 2 | $3,554 | 6.375% | — | 1 | −$964 | |
| 3 | $3,899 | 6.990% | — | 1 | −$619 | |
| 4 | $3,999 | 6.875% | — | 2 | −$519 | |
| 5 | $4,021 | 6.250% | — | 5 | −$497 | |
| 6 | $4,044 | 6.808% | — | 2 | −$474 | |
| 7 | $4,302 | 6.625% | — | 13 | −$216 | |
| 8 | $4,460 | 6.625% | — | 1 | −$58 | |
| 9 | $4,509 | 6.375% | — | 29 | −$9 | |
| 10 | $4,523 | 6.375% | — | 27 | +$5 | |
| 11 | $4,636 | 6.433% | — | 10 | +$118 | |
| 12 | $4,641 | 6.933% | — | 6 | +$123 | |
| 13 | $4,654 | 6.250% | — | 43 | +$136 | |
| 14 | $4,784 | 6.250% | — | 3 | +$266 | |
| 15 | $5,078 | 6.990% | — | 1 | +$560 | |
| 16 | $5,124 | 6.750% | — | 15 | +$606 | |
| 17 | $5,597 | 6.500% | — | 1 | +$1,079 | |
| 18 | $7,289 | 6.875% | — | 1 | +$2,771 | |
| 19 | $10,256 | 5.625% | — | 1 | +$5,738 | |
| 20 | $10,993 | 6.375% | — | 1 | +$6,475 |
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 | The Bank of Canton | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $500,000 | $335,000 | +$165,000 (+49.3%) |
| Median total closing costs | $4,518 | $7,127 | −$2,609 (−36.6%) |
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.