LOWER, LLC

17,905 mortgages originated in 2025 across 38 states, and what they cost borrowers.

Loans originated

17,905

Median rate

6.625%

Median lender fees

$7,739

Median loan amount

$285,000

Median spread over APOR

0.340

Paid discount points

52%

Received lender credits

39.7%

Purchases / refinances

74.6% / 25.4%

Conventional / FHA / VA

62.9% / 26.4% / 10%

Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 92.2% of loans here — see methodology.

Where LOWER, LLC lent

States with at least 50 loans in 2025, ranked by volume.