Purchase Originations
10,813
Ranked #37 nationally
Median Total Costs
$5,556
−16.8% vs national ($6,680)
↑ $155 vs prior year
Median Rate
6.300%
−2.9% vs national (6.490%)
↓ 0.190% vs prior year
Median Origination
$1,378
Median Lender Credits
$686
Cost Rank (500+ vol.)
#240
among lenders with 500+ originations
Denial Rate
3.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 9,916 | 6.365% | $5,425 | $1,364 |
| fha | 516 | 6.250% | $9,785 | $1,795 |
| va | 324 | 6.100% | $5,787 | $1,250 |
| usda | 57 | 6.000% | $6,770 | $1,742 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 2,084 | 6.300% | $4,818 | #12 |
| Virginia | 1,514 | 6.250% | $5,583 | #15 |
| Georgia | 1,409 | 6.300% | $6,129 | #16 |
| Florida | 1,328 | 6.250% | $6,897 | #36 |
| Maryland | 903 | 6.250% | $5,661 | #13 |
| South Carolina | 481 | 6.375% | $5,128 | #33 |
| Texas | 414 | 6.250% | $7,529 | #131 |
| Tennessee | 401 | 6.250% | $5,028 | #43 |
| Pennsylvania | 379 | 6.375% | $5,687 | #56 |
| Kentucky | 332 | 6.400% | $4,231 | #28 |
| West Virginia | 298 | 6.370% | $4,605 | #12 |
| Missouri | 167 | 6.625% | $3,389 | #65 |
| Alabama | 140 | 6.375% | $3,989 | #68 |
| New Jersey | 123 | 6.125% | $7,272 | #92 |
| California | 100 | 6.490% | $8,052 | #200 |
| District of Columbia | 96 | 6.037% | $7,741 | #13 |
| Iowa | 91 | 6.375% | $7,882 | #63 |
| Ohio | 76 | 6.175% | $5,214 | #154 |
| Delaware | 63 | 6.250% | $6,046 | #39 |
| Arkansas | 52 | 6.375% | $3,514 | #89 |
| Indiana | 35 | 6.375% | $3,819 | — |
| Massachusetts | 34 | 6.213% | $6,381 | — |
| Minnesota | 28 | 6.433% | $5,398 | — |
| Colorado | 26 | 6.237% | $4,169 | — |
| Illinois | 26 | 6.490% | $5,982 | — |
| New York | 23 | 6.250% | $7,240 | — |
| Mississippi | 19 | 6.250% | $4,256 | — |
| Kansas | 18 | 6.325% | $2,153 | — |
| Washington | 15 | 6.115% | $6,059 | — |
| Michigan | 13 | 6.115% | $4,164 | — |
| Oklahoma | 13 | 6.240% | $4,335 | — |
| New Mexico | 12 | 5.982% | $5,725 | — |
| Louisiana | 11 | 6.125% | $4,634 | — |
| Nebraska | 10 | 6.375% | $3,808 | — |
| Connecticut | 9 | 6.365% | $6,196 | — |
| Oregon | 9 | 6.125% | $6,654 | — |
| New Hampshire | 8 | 6.450% | $3,998 | — |
| Arizona | 7 | 6.125% | $4,272 | — |
| Idaho | 7 | 6.000% | $6,935 | — |
| Maine | 7 | 6.600% | $3,549 | — |
| Vermont | 7 | 6.125% | $5,378 | — |
| Utah | 5 | 5.875% | $4,704 | — |
| Wisconsin | 5 | 6.075% | $3,731 | — |
| Montana | 4 | 6.495% | $6,796 | — |
| Nevada | 4 | 6.332% | $4,812 | — |
| Wyoming | 4 | 6.150% | $3,384 | — |
| Rhode Island | 2 | 6.862% | $4,013 | — |
| South Dakota | 1 | 5.750% | $3,295 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,132 | 6.412% | — | 98 | −$1,424 | |
| 2 | $4,236 | 6.490% | — | 127 | −$1,320 | |
| 3 | $4,771 | 6.287% | — | 294 | −$785 | |
| 4 | $4,852 | 6.325% | — | 128 | −$704 | |
| 5 | $4,942 | 6.125% | — | 235 | −$614 | |
| 6 | $5,322 | 6.200% | — | 123 | −$234 | |
| 7 | $5,527 | 6.375% | — | 97 | −$29 | |
| 8 | $5,540 | 6.338% | — | 116 | −$16 | |
| 9 | $5,868 | 6.250% | — | 167 | +$312 | |
| 10 | $6,091 | 6.125% | — | 337 | +$535 | |
| 11 | $6,167 | 6.100% | — | 287 | +$611 | |
| 12 | $6,207 | 6.400% | — | 93 | +$651 | |
| 13 | $6,219 | 6.125% | — | 170 | +$663 | |
| 14 | $6,248 | 6.250% | — | 201 | +$692 | |
| 15 | $7,016 | 6.175% | — | 317 | +$1,460 | |
| 16 | $7,149 | 6.375% | — | 92 | +$1,593 | |
| 17 | $7,511 | 6.375% | — | 93 | +$1,955 | |
| 18 | $7,672 | 6.100% | — | 150 | +$2,116 | |
| 19 | $7,741 | 6.037% | — | 96 | +$2,185 | |
| 20 | $8,474 | 6.188% | — | 142 | +$2,918 |
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 | Truist Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $395,000 | $335,000 | +$60,000 (+17.9%) |
| Median total closing costs | $5,556 | $7,127 | −$1,571 (−22.0%) |
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.