Purchase Originations
228
Median Total Costs
$3,703
−44.6% vs national ($6,680)
↑ $70 vs prior year
Median Rate
7.000%
+7.9% vs national (6.490%)
↓ 0.625% vs prior year
Median Origination
$1,000
Median Lender Credits
$550
Denial Rate
8.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 207 | 7.000% | $3,531 | $1,000 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 227 | 7.000% | $3,701 | #188 |
| West Virginia | 1 | 6.625% | $6,389 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,714 | 7.000% | — | 9 | −$989 | |
| 2 | $3,305 | 6.312% | — | 4 | −$398 | |
| 3 | $3,315 | 7.375% | — | 11 | −$388 | |
| 4 | $3,326 | 7.375% | — | 24 | −$377 | |
| 5 | $3,330 | 6.990% | — | 9 | −$373 | |
| 6 | $3,346 | 6.875% | — | 18 | −$357 | |
| 7 | $3,457 | 6.750% | — | 3 | −$246 | |
| 8 | $3,491 | 7.375% | — | 9 | −$212 | |
| 9 | $3,510 | 6.245% | — | 4 | −$193 | |
| 10 | $3,567 | 7.250% | — | 19 | −$136 | |
| 11 | $3,638 | 6.750% | — | 5 | −$65 | |
| 12 | $3,766 | 6.875% | — | 17 | +$63 | |
| 13 | $3,797 | 7.000% | — | 16 | +$94 | |
| 14 | $3,804 | 7.125% | — | 14 | +$101 | |
| 15 | $4,051 | 6.990% | — | 5 | +$348 | |
| 16 | $4,321 | 6.500% | — | 3 | +$618 | |
| 17 | $4,327 | 6.375% | — | 3 | +$624 | |
| 18 | $5,021 | 6.625% | — | 21 | +$1,318 | |
| 19 | $5,425 | 6.058% | — | 4 | +$1,722 | |
| 20 | $6,879 | 5.750% | — | 6 | +$3,176 |
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 | VeraBank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $260,000 | $335,000 | −$75,000 (−22.4%) |
| Median total closing costs | $3,703 | $7,127 | −$3,424 (−48.0%) |
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.