Purchase Originations
2,609
Ranked #177 nationally
Median Total Costs
$4,381
−34.4% vs national ($6,680)
↓ $21 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.240% vs prior year
Median Origination
$244
Median Lender Credits
$160
Cost Rank (500+ vol.)
#138
among lenders with 500+ originations
Denial Rate
6.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,498 | 6.250% | $4,282 | $225 |
| fha | 93 | 6.125% | $9,827 | $461 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 343 | 6.125% | $5,093 | #146 |
| Florida | 283 | 6.000% | $4,891 | #126 |
| Georgia | 171 | 6.250% | $4,017 | #111 |
| California | 164 | 6.250% | $5,623 | #159 |
| North Carolina | 155 | 6.250% | $3,236 | #124 |
| New Jersey | 155 | 6.250% | $5,254 | #74 |
| Illinois | 102 | 6.375% | $5,074 | #148 |
| Pennsylvania | 100 | 6.125% | $5,128 | #161 |
| Virginia | 100 | 6.188% | $4,073 | #126 |
| Michigan | 82 | 6.433% | $2,779 | #122 |
| Ohio | 80 | 6.490% | $3,273 | #151 |
| Washington | 77 | 6.125% | $4,726 | #123 |
| Maryland | 76 | 6.250% | $4,233 | #110 |
| Tennessee | 69 | 6.375% | $3,548 | #158 |
| Colorado | 62 | 6.125% | $2,797 | #139 |
| Oregon | 61 | 6.125% | $4,596 | #87 |
| Minnesota | 57 | 6.375% | $3,082 | #118 |
| South Carolina | 57 | 6.490% | $3,580 | #156 |
| Connecticut | 53 | 6.250% | $4,656 | #71 |
| Alabama | 48 | 6.312% | $3,553 | — |
| Arizona | 45 | 6.375% | $4,439 | — |
| Indiana | 40 | 6.188% | $2,333 | — |
| Oklahoma | 34 | 6.500% | $3,679 | — |
| Wisconsin | 29 | 6.375% | $2,776 | — |
| Arkansas | 28 | 6.125% | $3,415 | — |
| Kentucky | 26 | 6.624% | $3,193 | — |
| Iowa | 22 | 6.433% | $2,893 | — |
| Idaho | 19 | 6.125% | $6,325 | — |
| Kansas | 19 | 6.375% | $2,325 | — |
| Louisiana | 17 | 6.125% | $3,945 | — |
| Nebraska | 17 | 6.375% | $2,735 | — |
| District of Columbia | 13 | 6.375% | $6,055 | — |
| Wyoming | 3 | 6.125% | $2,697 | — |
| Alaska | 1 | 5.875% | $5,311 | — |
| Utah | 1 | 5.875% | $2,464 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,954 | 6.375% | — | 33 | −$1,427 | |
| 2 | $3,610 | 6.125% | — | 26 | −$771 | |
| 3 | $3,784 | 6.375% | — | 21 | −$597 | |
| 4 | $3,800 | 6.375% | — | 22 | −$581 | |
| 5 | $3,998 | 6.000% | — | 24 | −$383 | |
| 6 | $4,062 | 6.375% | — | 28 | −$319 | |
| 7 | $4,546 | 5.990% | — | 25 | +$165 | |
| 8 | $4,573 | 6.125% | — | 38 | +$192 | |
| 9 | $4,662 | 6.375% | — | 30 | +$281 | |
| 10 | $4,816 | 5.990% | — | 22 | +$435 | |
| 11 | $4,857 | 6.125% | — | 35 | +$476 | |
| 12 | $4,918 | 6.125% | — | 33 | +$537 | |
| 13 | $5,014 | 5.875% | — | 29 | +$633 | |
| 14 | $5,298 | 6.125% | — | 53 | +$917 | |
| 15 | $5,328 | 6.375% | — | 51 | +$947 | |
| 16 | $5,372 | 5.990% | — | 37 | +$991 | |
| 17 | $5,452 | 6.125% | — | 23 | +$1,071 | |
| 18 | $5,515 | 6.312% | — | 26 | +$1,134 | |
| 19 | $5,532 | 6.057% | — | 22 | +$1,151 | |
| 20 | $7,051 | 6.250% | — | 37 | +$2,670 |
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 | Tomo Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $415,000 | $335,000 | +$80,000 (+23.9%) |
| Median total closing costs | $4,381 | $7,127 | −$2,746 (−38.5%) |
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.