Grade A · 0% of disclosures flagged for junk fees
Mortgage Company
Avg Closing Costs
$3,960
median across reports
vs. National Average
18%
above national avg
Avg Origination Charge
$2,162
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| discount_points | $2,856 | $2,425 | 🔴 Above Avg |
| Origination Fee | $2,162 | $1,553 | 🔴 Above Avg |
| lender_credits | $334 | $443 | 🟢 Below Avg |
Got a Loan Estimate from Hope Federal Credit Union? See if your rate and fees are competitive.
Check My Loan Estimate — $19Based on 602 homebuyer-submitted Closing Disclosures, Hope Federal Credit Union's median total closing costs are $3,960. This is about 18% above the $3,356 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.
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What Are Junk Fees on a Mortgage?
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How to Read Your Closing Disclosure
Page-by-page walkthrough of the 5-page form.
Average Closing Costs by State
Benchmark your costs against the state average.
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Compare Hope Federal Credit Union with another lender
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Aggregates from Hope Federal Credit Union's 2025 HMDA filings — actual closed-loan figures reported to federal regulators, compared against the national median across all lenders.
Purchase Originations
410
Median Total Costs
$4,671
−30.1% vs national ($6,680)
Median Rate
6.990%
+7.7% vs national (6.490%)
Median Origination
$1,485
Median Lender Credits
$135
Denial Rate
26.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 367 | 7.000% | $4,396 | $1,384 |
| fha | 37 | 6.500% | $10,107 | $1,470 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Mississippi | 250 | 7.000% | $4,528 | #23 |
| Alabama | 69 | 7.000% | $4,508 | #114 |
| Tennessee | 44 | 6.750% | $5,483 | — |
| Louisiana | 38 | 6.750% | $5,881 | — |
| Arkansas | 9 | 7.000% | $4,918 | — |
| This lender | Mississippi median | National median | |
|---|---|---|---|
| Total Closing Costs | $4,528 | $6,259 | $6,680 |
| Interest Rate | 7.000% | 6.490% | 6.490% |
| Originations in state | 250 | — | — |
Based on 2025 HMDA data. State and national medians cover all reporting lenders.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Hope Federal Credit Union | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $175,000 | $335,000 | −$160,000 (−47.8%) |
| Median total closing costs | $4,671 | $7,127 | −$2,456 (−34.5%) |
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This content is for informational purposes only and does not constitute legal, financial, or tax advice. Consult a licensed professional for advice specific to your situation.