NQM FUNDING, LLC
2,542 mortgages originated in 2025 across 11 states, and what they cost borrowers.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,542
- Median rate
- 7.374%
- Median lender fees
- $9,650
- Median loan amount
- $465,000
- Median spread over APOR
- 0.896
- Paid discount points
- 32.6%
- Received lender credits
- 41%
- Purchases / refinances
- 72% / 28%
- Conventional / FHA / VA
- 94.1% / 3.9% / 2%
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 99.4% of loans here — see methodology.
Where NQM FUNDING, LLC lent
States with at least 50 loans in 2025, ranked by volume.
| State | Loans | Median fees | Median rate |
|---|---|---|---|
| Florida | 640 | $11,267 | 6.999% |
| California | 361 | $12,433 | 7.374% |
| New York | 343 | $9,074 | 7.624% |
| New Jersey | 236 | $2,271 | 7.499% |
| Texas | 128 | $10,792 | 7.499% |
| Georgia | 98 | $12,515 | 7.624% |
| Arizona | 69 | $12,007 | 7.250% |
| Pennsylvania | 63 | $6,804 | 7.249% |
| Illinois | 63 | $2,984 | 6.875% |
| Massachusetts | 60 | $17,179 | 7.749% |
| Connecticut | 58 | — | 7.624% |