Purchase Originations
216
Median Total Costs
$4,471
−33.1% vs national ($6,680)
↓ $224 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$924
Median Lender Credits
$50
Denial Rate
11.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 180 | 6.500% | $4,269 | $924 |
| fha | 30 | 6.125% | $11,312 | $924 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Washington | 208 | 6.375% | $4,505 | #62 |
| Idaho | 5 | 6.375% | $3,407 | — |
| Oregon | 3 | 6.500% | $3,514 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,334 | 5.625% | — | 2 | −$2,137 | |
| 2 | $2,805 | 6.000% | — | 3 | −$1,666 | |
| 3 | $3,289 | 6.312% | — | 8 | −$1,182 | |
| 4 | $3,324 | 6.875% | — | 1 | −$1,147 | |
| 5 | $3,514 | 6.500% | — | 1 | −$957 | |
| 6 | $3,639 | 5.250% | — | 3 | −$832 | |
| 7 | $4,332 | 6.375% | — | 3 | −$139 | |
| 8 | $4,339 | 6.562% | — | 8 | −$132 | |
| 9 | $4,344 | 6.312% | — | 50 | −$127 | |
| 10 | $4,377 | 6.500% | — | 1 | −$94 | |
| 11 | $4,552 | 6.375% | — | 31 | +$81 | |
| 12 | $4,554 | 6.438% | — | 26 | +$83 | |
| 13 | $4,620 | 6.312% | — | 16 | +$149 | |
| 14 | $4,667 | 7.062% | — | 2 | +$196 | |
| 15 | $5,050 | 6.375% | — | 27 | +$579 | |
| 16 | $5,248 | 6.688% | — | 6 | +$777 | |
| 17 | $6,618 | 6.250% | — | 8 | +$2,147 | |
| 18 | $6,817 | 6.500% | — | 8 | +$2,346 | |
| 19 | $8,006 | 6.500% | — | 2 | +$3,535 | |
| 20 | $9,371 | 6.438% | — | 2 | +$4,900 |
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 | Washington State Employees Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $395,000 | $335,000 | +$60,000 (+17.9%) |
| Median total closing costs | $4,471 | $7,127 | −$2,656 (−37.3%) |
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.