Purchase Originations
2,542
Ranked #180 nationally
Median Total Costs
$2,273
−66.0% vs national ($6,680)
↓ $50 vs prior year
Median Rate
8.000%
+23.3% vs national (6.490%)
↓ 1.550% vs prior year
Median Origination
$1,805
Median Lender Credits
—
Cost Rank (500+ vol.)
#19
among lenders with 500+ originations
Denial Rate
34.6%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,542 | 8.000% | $2,273 | $1,805 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Indiana | 514 | 8.000% | $1,935 | #34 |
| Michigan | 448 | 9.190% | $5,460 | #45 |
| Wisconsin | 337 | 8.000% | $2,081 | #38 |
| Kansas | 332 | 8.000% | $2,100 | #20 |
| Illinois | 282 | 8.000% | $1,784 | #72 |
| Texas | 174 | 10.100% | $3,360 | #219 |
| Florida | 129 | 8.000% | $3,396 | #201 |
| Missouri | 63 | 8.000% | $2,236 | #130 |
| Ohio | 56 | 10.075% | $3,179 | #179 |
| Arizona | 31 | 9.290% | $2,734 | — |
| Iowa | 30 | 9.950% | $2,995 | — |
| Kentucky | 30 | 9.900% | $2,427 | — |
| Alabama | 27 | 10.600% | $2,546 | — |
| Georgia | 22 | 9.865% | $2,997 | — |
| Tennessee | 21 | 9.150% | $3,056 | — |
| Oklahoma | 20 | 10.730% | $2,494 | — |
| South Carolina | 15 | 10.500% | $3,568 | — |
| Colorado | 6 | 9.600% | $3,312 | — |
| Virginia | 3 | 8.850% | $5,572 | — |
| Arkansas | 2 | 9.175% | $3,518 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,529 | 8.000% | — | 36 | −$744 | |
| 2 | $1,556 | 8.000% | — | 50 | −$717 | |
| 3 | $1,703 | 8.000% | — | 49 | −$570 | |
| 4 | $1,711 | 8.000% | — | 40 | −$562 | |
| 5 | $1,742 | 8.000% | — | 59 | −$531 | |
| 6 | $1,917 | 8.000% | — | 108 | −$356 | |
| 7 | $1,969 | 8.000% | — | 33 | −$304 | |
| 8 | $2,048 | 8.000% | — | 85 | −$225 | |
| 9 | $2,064 | 8.000% | — | 54 | −$209 | |
| 10 | $2,079 | 8.000% | — | 48 | −$194 | |
| 11 | $2,082 | 8.000% | — | 53 | −$191 | |
| 12 | $2,120 | 8.000% | — | 64 | −$153 | |
| 13 | $2,179 | 8.000% | — | 49 | −$94 | |
| 14 | $2,306 | 8.000% | — | 39 | +$33 | |
| 15 | $3,344 | 8.000% | — | 57 | +$1,071 | |
| 16 | $3,405 | 9.150% | — | 35 | +$1,132 | |
| 17 | $3,938 | 8.320% | — | 58 | +$1,665 | |
| 18 | $4,564 | 9.400% | — | 75 | +$2,291 | |
| 19 | $5,164 | 8.000% | — | 35 | +$2,891 | |
| 20 | $7,228 | 9.650% | — | 43 | +$4,955 |
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 | Zippy Loans, LLC | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $45,000 | $335,000 | −$290,000 (−86.6%) |
| Median total closing costs | $2,273 | $7,127 | −$4,854 (−68.1%) |
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.