Purchase Originations
198
Median Total Costs
$16,761
+150.9% vs national ($6,680)
↓ $980 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.375% vs prior year
Median Origination
$10,807
Median Lender Credits
$8,398
Denial Rate
10.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 190 | 6.500% | $16,350 | $10,830 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 86 | 6.500% | $15,357 | #131 |
| California | 62 | 6.495% | $19,460 | #240 |
| New Jersey | 30 | 6.625% | $18,905 | — |
| Florida | 11 | 6.875% | $12,238 | — |
| Massachusetts | 3 | 6.000% | $9,242 | — |
| Washington | 2 | 6.000% | $16,652 | — |
| Colorado | 1 | 6.125% | $24,244 | — |
| Georgia | 1 | 6.750% | $13,735 | — |
| Tennessee | 1 | 6.875% | $15,374 | — |
| Texas | 1 | 7.625% | $21,198 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,964 | 6.875% | — | 4 | −$11,797 | |
| 2 | $6,379 | 6.375% | — | 9 | −$10,382 | |
| 3 | $7,417 | 6.125% | — | 3 | −$9,344 | |
| 4 | $11,578 | 7.624% | — | 2 | −$5,183 | |
| 5 | $11,974 | 6.750% | — | 2 | −$4,787 | |
| 6 | $12,473 | 6.250% | — | 19 | −$4,288 | |
| 7 | $13,023 | 6.125% | — | 3 | −$3,738 | |
| 8 | $13,627 | 7.183% | — | 4 | −$3,134 | |
| 9 | $15,018 | 6.495% | — | 20 | −$1,743 | |
| 10 | $16,403 | 6.500% | — | 7 | −$358 | |
| 11 | $17,575 | 6.688% | — | 2 | +$814 | |
| 12 | $18,227 | 6.625% | — | 6 | +$1,466 | |
| 13 | $19,467 | 6.870% | — | 24 | +$2,706 | |
| 14 | $20,708 | 6.375% | — | 2 | +$3,947 | |
| 15 | $21,039 | 6.558% | — | 4 | +$4,278 | |
| 16 | $21,040 | 6.490% | — | 38 | +$4,279 | |
| 17 | $21,184 | 6.990% | — | 4 | +$4,423 | |
| 18 | $21,439 | 6.312% | — | 4 | +$4,678 | |
| 19 | $26,193 | 6.500% | — | 6 | +$9,432 | |
| 20 | $27,152 | 6.625% | — | 5 | +$10,391 |
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 | Wall Street Mortgage Bankers, LTD. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $810,000 | $335,000 | +$475,000 (+141.8%) |
| Median total closing costs | $16,761 | $7,127 | +$9,634 (+135.2%) |
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.