Purchase Originations
22,459
Ranked #20 nationally
Median Total Costs
$6,187
−7.4% vs national ($6,680)
↓ $17 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$2,145
Median Lender Credits
$836
Cost Rank (500+ vol.)
#293
among lenders with 500+ originations
Denial Rate
10.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 21,192 | 6.125% | $6,134 | $2,169 |
| va | 721 | 6.000% | $5,466 | $704 |
| fha | 546 | 6.000% | $11,150 | $2,023 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 5,623 | 5.750% | $8,182 | #4 |
| New York | 1,874 | 6.000% | $8,002 | #11 |
| Florida | 1,426 | 6.250% | $6,328 | #33 |
| North Carolina | 1,357 | 6.250% | $4,616 | #21 |
| Texas | 1,324 | 6.250% | $5,927 | #51 |
| Washington | 950 | 5.750% | $6,297 | #19 |
| Minnesota | 898 | 6.375% | $4,114 | #15 |
| New Jersey | 885 | 6.125% | $6,907 | #16 |
| Pennsylvania | 857 | 6.250% | $5,407 | #24 |
| Georgia | 702 | 6.250% | $5,221 | #37 |
| Virginia | 695 | 6.250% | $4,986 | #31 |
| South Carolina | 467 | 6.250% | $4,779 | #37 |
| Arizona | 463 | 6.250% | $5,853 | #41 |
| Illinois | 455 | 6.375% | $5,704 | #50 |
| Wisconsin | 344 | 6.500% | $3,776 | #37 |
| Maryland | 337 | 6.250% | $5,394 | #45 |
| Iowa | 329 | 6.375% | $3,483 | #22 |
| Colorado | 317 | 6.125% | $4,140 | #50 |
| Oregon | 249 | 6.125% | $5,936 | #35 |
| Alabama | 245 | 6.375% | $4,279 | #46 |
| Tennessee | 230 | 6.375% | $5,753 | #70 |
| Nevada | 186 | 6.250% | $5,495 | #41 |
| Missouri | 173 | 6.250% | $4,328 | #64 |
| Nebraska | 151 | 6.250% | $3,889 | #30 |
| Ohio | 150 | 6.250% | $4,652 | #111 |
| Massachusetts | 129 | 6.125% | $6,330 | #74 |
| Indiana | 126 | 6.438% | $3,453 | #118 |
| New Mexico | 117 | 6.375% | $5,699 | #35 |
| Connecticut | 106 | 6.125% | $5,795 | #49 |
| Michigan | 105 | 6.375% | $4,258 | #106 |
| Delaware | 93 | 6.250% | $4,870 | #29 |
| Kansas | 90 | 6.375% | $3,877 | #70 |
| District of Columbia | 88 | 6.125% | $7,049 | #17 |
| South Dakota | 87 | 6.500% | $4,108 | #23 |
| Oklahoma | 83 | 6.375% | $5,016 | #78 |
| Utah | 82 | 6.125% | $4,620 | #64 |
| Montana | 74 | 6.375% | $4,996 | #24 |
| Kentucky | 73 | 6.375% | $4,493 | #99 |
| Arkansas | 67 | 6.250% | $4,275 | #82 |
| Louisiana | 67 | 6.375% | $5,148 | #71 |
| Idaho | 62 | 6.250% | $5,620 | #59 |
| Alaska | 61 | 6.375% | $4,842 | #21 |
| Mississippi | 56 | 6.312% | $4,832 | #68 |
| West Virginia | 46 | 6.375% | $4,703 | — |
| North Dakota | 34 | 6.500% | $4,022 | — |
| Wyoming | 31 | 6.125% | $4,386 | — |
| New Hampshire | 29 | 6.125% | $4,453 | — |
| Maine | 24 | 6.438% | $4,517 | — |
| Rhode Island | 21 | 6.375% | $5,421 | — |
| Hawaii | 12 | 6.312% | $7,397 | — |
| Vermont | 9 | 6.375% | $5,126 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,330 | 6.250% | — | 171 | −$1,857 | |
| 2 | $4,394 | 6.375% | — | 229 | −$1,793 | |
| 3 | $5,037 | 6.125% | — | 319 | −$1,150 | |
| 4 | $5,999 | 6.000% | — | 496 | −$188 | |
| 5 | $6,034 | 6.250% | — | 298 | −$153 | |
| 6 | $6,267 | 6.375% | — | 177 | +$80 | |
| 7 | $6,343 | 6.312% | — | 200 | +$156 | |
| 8 | $6,555 | 5.500% | — | 641 | +$368 | |
| 9 | $6,716 | 5.500% | — | 1,780 | +$529 | |
| 10 | $7,530 | 6.250% | — | 183 | +$1,343 | |
| 11 | $8,462 | 6.000% | — | 294 | +$2,275 | |
| 12 | $8,560 | 5.750% | — | 318 | +$2,373 | |
| 13 | $8,595 | 5.625% | — | 597 | +$2,408 | |
| 14 | $9,498 | 5.500% | — | 524 | +$3,311 | |
| 15 | $9,541 | 6.125% | — | 214 | +$3,354 | |
| 16 | $9,557 | 5.875% | — | 328 | +$3,370 | |
| 17 | $9,670 | 6.000% | — | 295 | +$3,483 | |
| 18 | $9,790 | 5.938% | — | 278 | +$3,603 | |
| 19 | $10,050 | 5.875% | — | 288 | +$3,863 | |
| 20 | $11,335 | 5.750% | — | 665 | +$5,148 |
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 | Wells Fargo Bank, National Association | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $445,000 | $335,000 | +$110,000 (+32.8%) |
| Median total closing costs | $6,187 | $7,127 | −$940 (−13.2%) |
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.