Purchase Originations
5,324
Ranked #92 nationally
Median Total Costs
$11,059
+65.5% vs national ($6,680)
↑ $608 vs prior year
Median Rate
4.250%
−34.5% vs national (6.490%)
↓ 0.740% vs prior year
Median Origination
$1,395
Median Lender Credits
$57
Cost Rank (500+ vol.)
#568
among lenders with 500+ originations
Denial Rate
3.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 3,012 | 3.990% | $12,796 | $1,757 |
| conventional | 1,169 | 4.990% | $6,660 | $2,185 |
| va | 857 | 3.990% | $3,961 | $0 |
| usda | 286 | 3.990% | $9,943 | $2,687 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 3,068 | 4.125% | $11,127 | #15 |
| Arizona | 1,323 | 3.990% | $13,736 | #12 |
| North Carolina | 528 | 4.058% | $8,666 | #55 |
| South Carolina | 401 | 4.990% | $8,105 | #41 |
| Florida | 4 | 6.812% | $9,754 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,561 | 4.990% | — | 104 | −$3,498 | |
| 2 | $8,179 | 4.990% | — | 228 | −$2,880 | |
| 3 | $8,209 | 4.990% | — | 185 | −$2,850 | |
| 4 | $8,622 | 4.990% | — | 70 | −$2,437 | |
| 5 | $8,660 | 3.990% | — | 92 | −$2,399 | |
| 6 | $9,450 | 4.990% | — | 353 | −$1,609 | |
| 7 | $9,459 | 3.990% | — | 116 | −$1,600 | |
| 8 | $10,300 | 4.990% | — | 100 | −$759 | |
| 9 | $10,696 | 3.990% | — | 692 | −$363 | |
| 10 | $10,789 | 4.990% | — | 219 | −$270 | |
| 11 | $10,819 | 3.990% | — | 221 | −$240 | |
| 12 | $10,991 | 4.990% | — | 114 | −$68 | |
| 13 | $11,262 | 4.875% | — | 79 | +$203 | |
| 14 | $11,504 | 3.990% | — | 207 | +$445 | |
| 15 | $11,728 | 4.990% | — | 91 | +$669 | |
| 16 | $11,799 | 4.990% | — | 74 | +$740 | |
| 17 | $12,166 | 4.250% | — | 153 | +$1,107 | |
| 18 | $12,585 | 3.990% | — | 445 | +$1,526 | |
| 19 | $13,174 | 3.990% | — | 592 | +$2,115 | |
| 20 | $14,255 | 4.250% | — | 731 | +$3,196 |
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 | Velocio Mortgage L.L.C. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $345,000 | $335,000 | +$10,000 (+3.0%) |
| Median total closing costs | $11,059 | $7,127 | +$3,932 (+55.2%) |
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.