Purchase Originations
844
Ranked #429 nationally
Median Total Costs
$4,599
−31.1% vs national ($6,680)
↑ $117 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,128
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#158
among lenders with 500+ originations
Denial Rate
6.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 666 | 6.500% | $4,299 | $1,367 |
| fha | 128 | 6.250% | $8,589 | $378 |
| va | 40 | 5.750% | $7,480 | $356 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 831 | 6.375% | $4,565 | #24 |
| North Carolina | 4 | 6.562% | $5,513 | — |
| Georgia | 3 | 6.500% | $4,133 | — |
| Ohio | 3 | 6.625% | $5,131 | — |
| Alabama | 2 | 6.625% | $5,033 | — |
| Pennsylvania | 1 | 6.375% | $4,805 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,480 | 6.625% | — | 21 | −$1,119 | |
| 2 | $3,978 | 6.500% | — | 30 | −$621 | |
| 3 | $3,991 | 6.500% | — | 8 | −$608 | |
| 4 | $4,131 | 6.000% | — | 10 | −$468 | |
| 5 | $4,217 | 6.125% | — | 13 | −$382 | |
| 6 | $4,270 | 6.250% | — | 8 | −$329 | |
| 7 | $4,379 | 6.500% | — | 13 | −$220 | |
| 8 | $4,473 | 6.375% | — | 15 | −$126 | |
| 9 | $4,492 | 6.375% | — | 40 | −$107 | |
| 10 | $4,509 | 6.375% | — | 13 | −$90 | |
| 11 | $4,547 | 6.375% | — | 90 | −$52 | |
| 12 | $4,570 | 6.000% | — | 10 | −$29 | |
| 13 | $4,749 | 6.495% | — | 166 | +$150 | |
| 14 | $4,794 | 6.375% | — | 164 | +$195 | |
| 15 | $4,916 | 6.625% | — | 8 | +$317 | |
| 16 | $5,057 | 6.062% | — | 10 | +$458 | |
| 17 | $5,405 | 6.375% | — | 7 | +$806 | |
| 18 | $6,143 | 6.250% | — | 11 | +$1,544 | |
| 19 | $6,610 | 6.125% | — | 12 | +$2,011 | |
| 20 | $9,372 | 6.125% | — | 8 | +$4,773 |
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 | Virginia Credit Union, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $305,000 | $335,000 | −$30,000 (−9.0%) |
| Median total closing costs | $4,599 | $7,127 | −$2,528 (−35.5%) |
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.