Purchase Originations
9,228
Ranked #44 nationally
Median Total Costs
$5,675
−15.0% vs national ($6,680)
↓ $178 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,295
Median Lender Credits
$481
Cost Rank (500+ vol.)
#251
among lenders with 500+ originations
Denial Rate
23.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 6,324 | 6.250% | $6,569 | $751 |
| conventional | 2,904 | 6.500% | $4,937 | $1,809 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 972 | 6.375% | $6,481 | #65 |
| Florida | 656 | 6.375% | $6,356 | #67 |
| North Carolina | 526 | 6.375% | $4,826 | #56 |
| Georgia | 422 | 6.375% | $6,440 | #55 |
| Virginia | 381 | 6.375% | $6,096 | #52 |
| Tennessee | 320 | 6.250% | $5,200 | #52 |
| Ohio | 308 | 6.375% | $5,361 | #73 |
| Missouri | 285 | 6.250% | $4,484 | #41 |
| Pennsylvania | 275 | 6.500% | $5,913 | #79 |
| Illinois | 273 | 6.375% | $5,491 | #73 |
| Michigan | 242 | 6.312% | $4,306 | #69 |
| Alabama | 240 | 6.250% | $4,303 | #47 |
| South Carolina | 237 | 6.375% | $4,870 | #69 |
| Indiana | 236 | 6.250% | $3,729 | #72 |
| Oklahoma | 235 | 6.375% | $5,349 | #36 |
| Washington | 225 | 6.250% | $6,110 | #60 |
| California | 211 | 6.375% | $8,340 | #146 |
| New York | 198 | 6.562% | $6,699 | #86 |
| Arizona | 188 | 6.375% | $6,875 | #68 |
| Kentucky | 175 | 6.500% | $4,443 | #60 |
| Kansas | 169 | 6.375% | $4,215 | #44 |
| Colorado | 162 | 6.312% | $5,871 | #86 |
| Minnesota | 157 | 6.375% | $4,757 | #73 |
| Maryland | 154 | 6.375% | $6,051 | #75 |
| New Mexico | 154 | 6.250% | $6,160 | #27 |
| Arkansas | 153 | 6.375% | $4,154 | #49 |
| Wisconsin | 153 | 6.125% | $4,664 | #71 |
| Louisiana | 138 | 6.375% | $5,416 | #50 |
| Oregon | 115 | 6.375% | $6,959 | #67 |
| Mississippi | 110 | 6.375% | $6,206 | #43 |
| Nevada | 110 | 6.312% | $6,894 | #59 |
| Massachusetts | 103 | 6.250% | $6,135 | #88 |
| New Jersey | 94 | 6.500% | $6,314 | #115 |
| Nebraska | 79 | 6.375% | $4,686 | #45 |
| Alaska | 75 | 6.125% | $8,877 | #17 |
| Iowa | 75 | 6.375% | $4,485 | #68 |
| West Virginia | 75 | 6.375% | $4,946 | #41 |
| Montana | 72 | 6.375% | $5,228 | #25 |
| Connecticut | 66 | 6.500% | $5,999 | #66 |
| Maine | 66 | 6.312% | $4,060 | #34 |
| New Hampshire | 51 | 6.375% | $4,598 | #46 |
| Utah | 48 | 6.250% | $4,329 | — |
| Idaho | 47 | 6.375% | $5,974 | — |
| North Dakota | 38 | 6.125% | $9,188 | — |
| South Dakota | 31 | 6.375% | $4,868 | — |
| Wyoming | 31 | 6.125% | $4,881 | — |
| Vermont | 29 | 6.375% | $5,690 | — |
| Delaware | 23 | 6.375% | $8,503 | — |
| Rhode Island | 19 | 6.125% | $5,537 | — |
| Hawaii | 18 | 6.312% | $14,444 | — |
| District of Columbia | 8 | 6.375% | $9,124 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,505 | 6.375% | — | 49 | −$1,170 | |
| 2 | $4,934 | 6.500% | — | 41 | −$741 | |
| 3 | $5,577 | 6.062% | — | 48 | −$98 | |
| 4 | $6,016 | 6.375% | — | 37 | +$341 | |
| 5 | $6,111 | 6.188% | — | 36 | +$436 | |
| 6 | $6,239 | 6.500% | — | 52 | +$564 | |
| 7 | $6,312 | 6.250% | — | 39 | +$637 | |
| 8 | $6,318 | 6.375% | — | 37 | +$643 | |
| 9 | $6,461 | 6.438% | — | 38 | +$786 | |
| 10 | $6,564 | 6.375% | — | 65 | +$889 | |
| 11 | $6,597 | 6.250% | — | 91 | +$922 | |
| 12 | $6,664 | 6.312% | — | 36 | +$989 | |
| 13 | $6,839 | 6.375% | — | 86 | +$1,164 | |
| 14 | $7,110 | 6.375% | — | 38 | +$1,435 | |
| 15 | $7,121 | 6.375% | — | 88 | +$1,446 | |
| 16 | $7,520 | 6.438% | — | 54 | +$1,845 | |
| 17 | $8,069 | 6.375% | — | 75 | +$2,394 | |
| 18 | $8,260 | 6.250% | — | 51 | +$2,585 | |
| 19 | $8,595 | 6.125% | — | 41 | +$2,920 | |
| 20 | $8,784 | 6.375% | — | 42 | +$3,109 |
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 | USAA Federal Savings Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $325,000 | $335,000 | −$10,000 (−3.0%) |
| Median total closing costs | $5,675 | $7,127 | −$1,452 (−20.4%) |
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.