SUMMIT FUNDING, INC.
5,759 mortgages originated in 2025 across 17 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
- 5,759
- Median rate
- 6.750%
- Median lender fees
- $10,495
- Median loan amount
- $315,000
- Median spread over APOR
- 0.460
- Paid discount points
- 60.4%
- Received lender credits
- 11.1%
- Purchases / refinances
- 88.2% / 10%
- Conventional / FHA / VA
- 68.2% / 24.8% / 6.7%
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 79.2% of loans here — see methodology.
Where SUMMIT FUNDING, INC. lent
States with at least 50 loans in 2025, ranked by volume.
| State | Loans | Median fees | Median rate |
|---|---|---|---|
| California | 951 | $12,319 | 6.750% |
| Oregon | 805 | $12,369 | 6.625% |
| Texas | 471 | $11,192 | 6.625% |
| Tennessee | 425 | $9,621 | 6.750% |
| Georgia | 378 | $10,312 | 6.875% |
| Idaho | 300 | $13,172 | 6.500% |
| Washington | 299 | $12,588 | 6.813% |
| Missouri | 295 | $4,276 | 6.750% |
| Illinois | 264 | $7,136 | 6.875% |
| Nevada | 241 | $12,370 | 6.625% |
| Florida | 225 | $10,622 | 6.875% |
| Colorado | 189 | $10,400 | 6.875% |
| Virginia | 176 | $11,717 | 6.375% |
| Arizona | 167 | $8,888 | 6.750% |
| Kansas | 162 | $3,744 | 6.875% |
| North Carolina | 83 | $8,025 | 6.750% |
| Louisiana | 78 | — | 6.750% |