Purchase Originations
5,412
Ranked #89 nationally
Median Total Costs
$8,525
+27.6% vs national ($6,680)
↓ $241 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$2,843
Median Lender Credits
$568
Cost Rank (500+ vol.)
#475
among lenders with 500+ originations
Denial Rate
2.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,178 | 6.625% | $6,555 | $2,711 |
| fha | 1,562 | 6.250% | $13,091 | $3,435 |
| va | 619 | 6.250% | $8,598 | $1,920 |
| usda | 53 | 6.250% | $6,427 | $1,710 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Arizona | 1,680 | 6.500% | $8,581 | #10 |
| Texas | 923 | 6.125% | $11,059 | #70 |
| Colorado | 829 | 6.500% | $9,130 | #20 |
| Oklahoma | 216 | 6.490% | $7,693 | #40 |
| Indiana | 179 | 6.500% | $5,536 | #91 |
| Connecticut | 175 | 6.625% | $5,416 | #34 |
| New Mexico | 169 | 6.625% | $7,158 | #26 |
| Nevada | 144 | 6.750% | $10,089 | #50 |
| Pennsylvania | 142 | 6.625% | $6,081 | #132 |
| Tennessee | 118 | 6.490% | $9,195 | #111 |
| California | 97 | 6.625% | $8,151 | #204 |
| North Carolina | 92 | 6.625% | $5,110 | #157 |
| Washington | 71 | 6.375% | $10,803 | #128 |
| Nebraska | 57 | 6.625% | $5,286 | #53 |
| Florida | 50 | 6.500% | $8,775 | #327 |
| Iowa | 49 | 6.500% | $5,101 | — |
| Wisconsin | 49 | 6.500% | $5,710 | — |
| Virginia | 42 | 6.250% | $9,739 | — |
| Hawaii | 36 | 6.625% | $10,384 | — |
| Michigan | 28 | 6.500% | $7,346 | — |
| Oregon | 28 | 6.433% | $8,142 | — |
| South Carolina | 28 | 6.375% | $7,827 | — |
| Utah | 25 | 6.625% | $7,575 | — |
| Illinois | 24 | 6.624% | $8,483 | — |
| North Dakota | 24 | 6.312% | $10,032 | — |
| Ohio | 23 | 6.490% | $7,549 | — |
| Montana | 22 | 6.250% | $12,683 | — |
| Georgia | 17 | 6.250% | $12,864 | — |
| Minnesota | 14 | 6.500% | $5,332 | — |
| Alabama | 7 | 6.250% | $8,517 | — |
| Maryland | 7 | 6.500% | $9,838 | — |
| Missouri | 7 | 6.625% | $7,990 | — |
| Kansas | 6 | 6.438% | $4,019 | — |
| Kentucky | 6 | 6.438% | $6,664 | — |
| New Jersey | 6 | 6.375% | $9,172 | — |
| Arkansas | 5 | 6.000% | $5,624 | — |
| Idaho | 5 | 6.875% | $7,700 | — |
| Louisiana | 5 | 6.625% | $9,572 | — |
| Massachusetts | 2 | 7.062% | $6,647 | — |
| New Hampshire | 2 | 6.933% | $10,033 | — |
| Wyoming | 2 | 6.808% | $7,784 | — |
| South Dakota | 1 | 6.750% | $6,997 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,468 | 6.500% | — | 100 | −$4,057 | |
| 2 | $5,360 | 6.625% | — | 98 | −$3,165 | |
| 3 | $7,293 | 6.562% | — | 116 | −$1,232 | |
| 4 | $7,450 | 6.500% | — | 69 | −$1,075 | |
| 5 | $7,629 | 6.375% | — | 59 | −$896 | |
| 6 | $7,846 | 6.625% | — | 376 | −$679 | |
| 7 | $7,953 | 6.625% | — | 112 | −$572 | |
| 8 | $8,547 | 6.500% | — | 128 | +$22 | |
| 9 | $8,716 | 6.490% | — | 995 | +$191 | |
| 10 | $9,363 | 6.500% | — | 127 | +$838 | |
| 11 | $9,861 | 6.624% | — | 83 | +$1,336 | |
| 12 | $9,865 | 6.624% | — | 61 | +$1,340 | |
| 13 | $9,917 | 6.490% | — | 102 | +$1,392 | |
| 14 | $10,139 | 6.125% | — | 156 | +$1,614 | |
| 15 | $10,229 | 6.750% | — | 138 | +$1,704 | |
| 16 | $10,308 | 6.625% | — | 98 | +$1,783 | |
| 17 | $10,438 | 6.250% | — | 100 | +$1,913 | |
| 18 | $10,926 | 6.188% | — | 70 | +$2,401 | |
| 19 | $11,271 | 6.125% | — | 166 | +$2,746 | |
| 20 | $12,408 | 6.125% | — | 66 | +$3,883 |
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 | V.I.P. Mortgage, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $355,000 | $335,000 | +$20,000 (+6.0%) |
| Median total closing costs | $8,525 | $7,127 | +$1,398 (+19.6%) |
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.