Purchase Originations
397
Median Total Costs
$9,174
+37.3% vs national ($6,680)
↑ $188 vs prior year
Median Rate
6.490%
+0.0% vs national (6.490%)
↓ 0.010% vs prior year
Median Origination
$4,305
Median Lender Credits
$42
Denial Rate
1.2%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 201 | 6.625% | $7,081 | $4,270 |
| va | 132 | 6.250% | $12,131 | $4,754 |
| fha | 62 | 6.250% | $12,376 | $4,133 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 371 | 6.490% | $9,309 | #53 |
| North Carolina | 26 | 6.625% | $8,280 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,905 | 6.625% | — | 16 | −$3,269 | |
| 2 | $6,568 | 6.990% | — | 3 | −$2,606 | |
| 3 | $7,313 | 6.250% | — | 6 | −$1,861 | |
| 4 | $7,797 | 6.375% | — | 3 | −$1,377 | |
| 5 | $7,902 | 6.250% | — | 7 | −$1,272 | |
| 6 | $8,095 | 6.625% | — | 9 | −$1,079 | |
| 7 | $8,252 | 6.250% | — | 19 | −$922 | |
| 8 | $8,309 | 6.625% | — | 3 | −$865 | |
| 9 | $8,632 | 6.250% | — | 11 | −$542 | |
| 10 | $8,669 | 6.625% | — | 56 | −$505 | |
| 11 | $9,075 | 6.490% | — | 102 | −$99 | |
| 12 | $9,146 | 6.500% | — | 3 | −$28 | |
| 13 | $9,181 | 6.875% | — | 11 | +$7 | |
| 14 | $9,483 | 6.250% | — | 37 | +$309 | |
| 15 | $9,781 | 6.490% | — | 45 | +$607 | |
| 16 | $10,643 | 6.125% | — | 3 | +$1,469 | |
| 17 | $11,698 | 6.495% | — | 8 | +$2,524 | |
| 18 | $11,722 | 6.312% | — | 12 | +$2,548 | |
| 19 | $12,270 | 6.375% | — | 6 | +$3,096 | |
| 20 | $12,693 | 6.250% | — | 10 | +$3,519 |
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 | Towne Mortgage, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $365,000 | $335,000 | +$30,000 (+9.0%) |
| Median total closing costs | $9,174 | $7,127 | +$2,047 (+28.7%) |
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.