Purchase Originations
210
Median Total Costs
$4,432
−33.6% vs national ($6,680)
↑ $59 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↑ 0.125% vs prior year
Median Origination
$1,691
Median Lender Credits
$500
Denial Rate
2.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 157 | 6.450% | $3,552 | $1,839 |
| fha | 33 | 6.125% | $8,459 | $995 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Dakota | 155 | 6.200% | $4,487 | #12 |
| Minnesota | 55 | 6.500% | $4,370 | #121 |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $11 | 6.375% | — | 1 | −$4,421 | |
| 2 | $852 | 6.625% | — | 1 | −$3,580 | |
| 3 | $1,380 | 6.125% | — | 3 | −$3,052 | |
| 4 | $2,764 | 6.600% | — | 1 | −$1,668 | |
| 5 | $3,200 | 6.875% | — | 1 | −$1,232 | |
| 6 | $3,278 | 6.450% | — | 1 | −$1,154 | |
| 7 | $3,422 | 6.375% | — | 37 | −$1,010 | |
| 8 | $4,072 | 5.900% | — | 1 | −$360 | |
| 9 | $4,279 | 6.625% | — | 3 | −$153 | |
| 10 | $4,544 | 6.200% | — | 139 | +$112 | |
| 11 | $4,628 | 6.875% | — | 1 | +$196 | |
| 12 | $5,716 | 7.850% | — | 1 | +$1,284 | |
| 13 | $5,791 | 6.625% | — | 5 | +$1,359 | |
| 14 | $5,894 | 6.438% | — | 4 | +$1,462 | |
| 15 | $6,387 | 6.388% | — | 2 | +$1,955 | |
| 16 | $6,455 | 6.562% | — | 2 | +$2,023 | |
| 17 | $7,171 | 6.875% | — | 1 | +$2,739 | |
| 18 | $7,335 | 6.250% | — | 3 | +$2,903 | |
| 19 | $8,248 | 6.875% | — | 1 | +$3,816 | |
| 20 | $12,944 | 6.058% | — | 2 | +$8,512 |
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 | Valley Mortgage, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $295,000 | $335,000 | −$40,000 (−11.9%) |
| Median total closing costs | $4,432 | $7,127 | −$2,695 (−37.8%) |
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.