Purchase Originations
1,699
Ranked #258 nationally
Median Total Costs
$2,840
−57.5% vs national ($6,680)
↑ $100 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,075
Median Lender Credits
$105
Cost Rank (500+ vol.)
#40
among lenders with 500+ originations
Denial Rate
1.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,577 | 6.500% | $2,808 | $1,075 |
| va | 54 | 6.125% | $4,588 | $1,141 |
| fha | 42 | 6.125% | $6,988 | $1,404 |
| usda | 26 | 6.000% | $4,623 | $1,075 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Nebraska | 1,190 | 6.500% | $2,858 | #2 |
| Iowa | 349 | 6.375% | $2,682 | #19 |
| South Dakota | 30 | 6.500% | $5,077 | — |
| Kansas | 27 | 6.000% | $2,683 | — |
| Colorado | 24 | 6.625% | $3,549 | — |
| Wyoming | 18 | 6.250% | $3,371 | — |
| Missouri | 15 | 6.375% | $3,721 | — |
| North Dakota | 12 | 6.688% | $6,110 | — |
| Arkansas | 9 | 6.375% | $2,988 | — |
| Texas | 7 | 6.375% | $3,812 | — |
| Minnesota | 5 | 6.375% | $3,824 | — |
| Florida | 3 | 6.750% | $4,961 | — |
| New Mexico | 3 | 6.625% | $2,891 | — |
| Arizona | 2 | 6.438% | $4,428 | — |
| Montana | 2 | 6.312% | $5,397 | — |
| Oklahoma | 2 | 7.000% | $4,489 | — |
| Indiana | 1 | 6.000% | $2,298 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,418 | 6.438% | — | 22 | −$422 | |
| 2 | $2,465 | 6.375% | — | 51 | −$375 | |
| 3 | $2,474 | 6.500% | — | 17 | −$366 | |
| 4 | $2,552 | 6.375% | — | 21 | −$288 | |
| 5 | $2,557 | 6.375% | — | 17 | −$283 | |
| 6 | $2,620 | 6.375% | — | 47 | −$220 | |
| 7 | $2,623 | 6.375% | — | 36 | −$217 | |
| 8 | $2,662 | 6.125% | — | 17 | −$178 | |
| 9 | $2,669 | 6.500% | — | 51 | −$171 | |
| 10 | $2,674 | 6.375% | — | 19 | −$166 | |
| 11 | $2,703 | 6.625% | — | 32 | −$137 | |
| 12 | $2,745 | 6.500% | — | 220 | −$95 | |
| 13 | $2,777 | 6.500% | — | 25 | −$63 | |
| 14 | $2,803 | 6.375% | — | 35 | −$37 | |
| 15 | $2,820 | 6.688% | — | 18 | −$20 | |
| 16 | $2,904 | 6.375% | — | 17 | +$64 | |
| 17 | $2,915 | 6.375% | — | 69 | +$75 | |
| 18 | $2,985 | 6.500% | — | 209 | +$145 | |
| 19 | $3,160 | 6.500% | — | 71 | +$320 | |
| 20 | $3,174 | 6.500% | — | 32 | +$334 |
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 | West Gate Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $235,000 | $335,000 | −$100,000 (−29.9%) |
| Median total closing costs | $2,840 | $7,127 | −$4,287 (−60.2%) |
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.