Purchase Originations
781
Ranked #465 nationally
Median Total Costs
$3,978
−40.5% vs national ($6,680)
↑ $180 vs prior year
Median Rate
6.125%
−5.6% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,250
Median Lender Credits
$650
Cost Rank (500+ vol.)
#110
among lenders with 500+ originations
Denial Rate
2.4%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 781 | 6.125% | $3,978 | $1,250 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Minnesota | 597 | 6.125% | $3,972 | #24 |
| Wisconsin | 73 | 6.250% | $3,026 | #115 |
| Florida | 21 | 5.875% | $5,116 | — |
| Michigan | 7 | 6.000% | $3,302 | — |
| North Carolina | 7 | 6.250% | $3,786 | — |
| Arizona | 6 | 6.188% | $5,577 | — |
| Georgia | 6 | 6.000% | $4,750 | — |
| Texas | 6 | 5.938% | $7,454 | — |
| Washington | 6 | 5.938% | $4,954 | — |
| Iowa | 5 | 6.000% | $3,015 | — |
| Tennessee | 5 | 6.125% | $3,866 | — |
| California | 4 | 5.875% | $6,262 | — |
| Indiana | 4 | 6.125% | $3,544 | — |
| Virginia | 4 | 5.938% | $3,901 | — |
| Missouri | 3 | 5.625% | $4,408 | — |
| Oregon | 3 | 5.875% | $5,258 | — |
| Alaska | 2 | 6.250% | $5,110 | — |
| Colorado | 2 | 6.250% | $3,304 | — |
| Illinois | 2 | 6.312% | $5,861 | — |
| New York | 2 | 6.250% | $5,324 | — |
| Ohio | 2 | 6.250% | $4,703 | — |
| Pennsylvania | 2 | 5.938% | $4,909 | — |
| Connecticut | 1 | 5.875% | $3,310 | — |
| Louisiana | 1 | 6.625% | $4,317 | — |
| Massachusetts | 1 | 5.375% | $15,370 | — |
| Mississippi | 1 | 6.750% | $3,823 | — |
| North Dakota | 1 | 6.750% | $3,814 | — |
| Nebraska | 1 | 6.125% | $2,902 | — |
| New Hampshire | 1 | 5.875% | $4,414 | — |
| New Jersey | 1 | 6.250% | $6,526 | — |
| Nevada | 1 | 6.125% | $5,138 | — |
| Rhode Island | 1 | 6.250% | $4,278 | — |
| South Carolina | 1 | 6.000% | $8,238 | — |
| South Dakota | 1 | 6.250% | $3,024 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,062 | 6.312% | — | 6 | −$916 | |
| 2 | $3,232 | 6.500% | — | 33 | −$746 | |
| 3 | $3,386 | 6.000% | — | 4 | −$592 | |
| 4 | $3,573 | 6.250% | — | 4 | −$405 | |
| 5 | $3,681 | 6.250% | — | 7 | −$297 | |
| 6 | $3,777 | 6.125% | — | 13 | −$201 | |
| 7 | $3,850 | 5.625% | — | 5 | −$128 | |
| 8 | $3,854 | 6.250% | — | 35 | −$124 | |
| 9 | $3,892 | 6.125% | — | 39 | −$86 | |
| 10 | $3,912 | 5.875% | — | 15 | −$66 | |
| 11 | $3,924 | 6.125% | — | 18 | −$54 | |
| 12 | $3,956 | 5.875% | — | 5 | −$22 | |
| 13 | $3,993 | 6.125% | — | 116 | +$15 | |
| 14 | $4,013 | 6.125% | — | 208 | +$35 | |
| 15 | $4,052 | 6.125% | — | 13 | +$74 | |
| 16 | $4,090 | 6.250% | — | 45 | +$112 | |
| 17 | $4,140 | 6.062% | — | 8 | +$162 | |
| 18 | $4,151 | 6.125% | — | 32 | +$173 | |
| 19 | $4,933 | 6.250% | — | 5 | +$955 | |
| 20 | $5,152 | 5.750% | — | 4 | +$1,174 |
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 | Wings Financial Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $345,000 | $335,000 | +$10,000 (+3.0%) |
| Median total closing costs | $3,978 | $7,127 | −$3,149 (−44.2%) |
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.