Purchase Originations
26,204
Ranked #17 nationally
Median Total Costs
$5,371
−19.6% vs national ($6,680)
↑ $184 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,545
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#228
among lenders with 500+ originations
Denial Rate
4.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 23,354 | 6.375% | $5,137 | $1,545 |
| fha | 1,796 | 6.250% | $8,669 | $1,416 |
| va | 945 | 6.250% | $6,120 | $1,345 |
| usda | 109 | 6.375% | $5,260 | $1,398 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 4,807 | 6.125% | $7,302 | #7 |
| Illinois | 1,629 | 6.500% | $5,512 | #14 |
| Minnesota | 1,345 | 6.500% | $4,227 | #7 |
| Ohio | 1,324 | 6.490% | $4,175 | #18 |
| Texas | 1,232 | 6.375% | $7,399 | #52 |
| Missouri | 1,226 | 6.500% | $3,647 | #12 |
| Washington | 1,208 | 6.250% | $5,823 | #13 |
| Kentucky | 1,168 | 6.625% | $4,020 | #5 |
| Florida | 1,037 | 6.375% | $6,773 | #48 |
| Wisconsin | 1,012 | 6.490% | $3,213 | #11 |
| New York | 766 | 6.250% | $5,956 | #30 |
| Iowa | 684 | 6.500% | $3,212 | #9 |
| New Jersey | 626 | 6.375% | $6,182 | #27 |
| North Carolina | 599 | 6.375% | $4,893 | #45 |
| Oregon | 598 | 6.490% | $5,591 | #15 |
| Tennessee | 567 | 6.490% | $5,169 | #29 |
| Colorado | 462 | 6.433% | $4,185 | #31 |
| Nebraska | 456 | 6.490% | $2,988 | #10 |
| Virginia | 454 | 6.375% | $5,110 | #44 |
| Nevada | 452 | 6.250% | $6,235 | #15 |
| Arizona | 447 | 6.375% | $6,326 | #42 |
| Massachusetts | 348 | 6.250% | $5,642 | #31 |
| Idaho | 341 | 6.375% | $6,145 | #16 |
| Indiana | 307 | 6.625% | $3,120 | #53 |
| Kansas | 293 | 6.500% | $2,909 | #25 |
| Connecticut | 275 | 6.375% | $5,970 | #20 |
| Georgia | 231 | 6.490% | $5,293 | #92 |
| Arkansas | 216 | 6.495% | $3,427 | #34 |
| Pennsylvania | 213 | 6.375% | $5,348 | #106 |
| South Carolina | 206 | 6.375% | $4,814 | #74 |
| Utah | 197 | 6.125% | $5,759 | #37 |
| Montana | 178 | 6.490% | $5,396 | #12 |
| South Dakota | 150 | 6.375% | $4,245 | #17 |
| Maryland | 141 | 6.375% | $5,944 | #78 |
| West Virginia | 128 | 6.375% | $4,506 | #29 |
| Michigan | 125 | 6.500% | $3,801 | #99 |
| Maine | 114 | 6.500% | $4,314 | #22 |
| North Dakota | 97 | 6.250% | $3,356 | #17 |
| Rhode Island | 96 | 6.490% | $4,681 | #27 |
| New Mexico | 86 | 6.375% | $4,613 | #44 |
| Oklahoma | 69 | 6.375% | $4,548 | #85 |
| Alabama | 68 | 6.375% | $3,814 | #115 |
| Wyoming | 62 | 6.250% | $4,648 | #18 |
| Louisiana | 43 | 6.375% | $3,983 | — |
| New Hampshire | 37 | 6.490% | $4,351 | — |
| District of Columbia | 18 | 6.433% | $7,280 | — |
| Delaware | 17 | 6.125% | $4,443 | — |
| Mississippi | 17 | 6.250% | $3,783 | — |
| Hawaii | 12 | 6.375% | $8,780 | — |
| Alaska | 10 | 6.625% | $6,126 | — |
| Vermont | 10 | 6.433% | $5,554 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,968 | 6.875% | — | 394 | −$1,403 | |
| 2 | $3,977 | 6.500% | — | 267 | −$1,394 | |
| 3 | $4,366 | 6.500% | — | 317 | −$1,005 | |
| 4 | $4,820 | 6.125% | — | 174 | −$551 | |
| 5 | $5,014 | 6.000% | — | 418 | −$357 | |
| 6 | $5,639 | 6.375% | — | 219 | +$268 | |
| 7 | $5,826 | 6.000% | — | 196 | +$455 | |
| 8 | $5,951 | 6.125% | — | 501 | +$580 | |
| 9 | $6,073 | 6.375% | — | 255 | +$702 | |
| 10 | $6,267 | 6.500% | — | 511 | +$896 | |
| 11 | $6,704 | 6.250% | — | 269 | +$1,333 | |
| 12 | $6,769 | 6.000% | — | 198 | +$1,398 | |
| 13 | $7,139 | 6.125% | — | 344 | +$1,768 | |
| 14 | $7,213 | 6.125% | — | 262 | +$1,842 | |
| 15 | $7,725 | 6.375% | — | 235 | +$2,354 | |
| 16 | $7,794 | 6.375% | — | 210 | +$2,423 | |
| 17 | $8,044 | 6.375% | — | 170 | +$2,673 | |
| 18 | $8,225 | 6.125% | — | 517 | +$2,854 | |
| 19 | $8,253 | 6.125% | — | 688 | +$2,882 | |
| 20 | $8,682 | 6.125% | — | 799 | +$3,311 |
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 | U.S. Bank National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $395,000 | $335,000 | +$60,000 (+17.9%) |
| Median total closing costs | $5,371 | $7,127 | −$1,756 (−24.6%) |
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.