Purchase Originations
230
Median Total Costs
$2,895
−56.7% vs national ($6,680)
↑ $227 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$650
Median Lender Credits
$592
Denial Rate
1.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 224 | 6.625% | $2,890 | $650 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,904 | 6.625% | — | 11 | −$991 | |
| 2 | $1,937 | 7.125% | — | 1 | −$958 | |
| 3 | $2,085 | 5.875% | — | 1 | −$810 | |
| 4 | $2,314 | 6.375% | — | 1 | −$581 | |
| 5 | $2,374 | 6.938% | — | 4 | −$521 | |
| 6 | $2,498 | 6.933% | — | 2 | −$397 | |
| 7 | $2,605 | 7.125% | — | 1 | −$290 | |
| 8 | $2,698 | 6.625% | — | 1 | −$197 | |
| 9 | $2,742 | 6.500% | — | 3 | −$153 | |
| 10 | $2,798 | 6.562% | — | 74 | −$97 | |
| 11 | $2,900 | 6.375% | — | 22 | +$5 | |
| 12 | $2,904 | 6.500% | — | 2 | +$9 | |
| 13 | $2,944 | 7.433% | — | 2 | +$49 | |
| 14 | $3,132 | 6.500% | — | 4 | +$237 | |
| 15 | $3,155 | 6.875% | — | 1 | +$260 | |
| 16 | $3,202 | 6.500% | — | 4 | +$307 | |
| 17 | $3,205 | 6.562% | — | 82 | +$310 | |
| 18 | $3,370 | 7.740% | — | 1 | +$475 | |
| 19 | $3,374 | 7.375% | — | 1 | +$479 | |
| 20 | $3,877 | 6.750% | — | 1 | +$982 |
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 New Glarus | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $2,895 | $7,127 | −$4,232 (−59.4%) |
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.