Luminate Bank

8,416 mortgages originated in 2025 across 30 states, and what they cost borrowers.

Loans originated

8,416

Median rate

6.625%

Median lender fees

$6,917

Median loan amount

$315,000

Median spread over APOR

0.370

Paid discount points

49.3%

Received lender credits

28.7%

Purchases / refinances

81.6% / 17.8%

Conventional / FHA / VA

71.1% / 21.9% / 6.3%

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 76.7% of loans here — see methodology.

Where Luminate Bank lent

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