Local Government: 2025 mortgage rates, costs & approvals
How Local Government priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: LOCAL GOVERNMENT · LEI 549300SJTLYB6ZWKPR88
In 2025, Local Government originated 57 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 4 states — 2012th by volume among the 2,017 lenders profiled here.
It denied 62.9% of completed home-purchase applications (all lenders: 8.5%).
How Local Government priced home-purchase loans
| Purchase loans, 2025 | Local Government | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | — | 6.625% |
| 30-year fixed rate · FHA | — | 6.250% |
| 30-year fixed rate · VA | — | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | +0.68 pts | +0.13 pts |
| Total loan costs · conventional | $3,900 | $5,570 |
| Total loan costs · FHA | — | $11,310 |
| Total loan costs · VA | — | $6,490 |
| Origination charges (all types) | $1,850 | $1,860 |
| Borrowers paying discount points | 0.0% | 51.3% |
| Points paid, when paid (% of loan) | — | 0.87% |
| Borrowers receiving lender credits | 3.1% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Local Government denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Local Government lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| North Carolina | 55 | 137 | 62.8% | — | $3,900 |
| South Carolina | 1 | 4 | — | — | — |
| Georgia | 1 | 1 | — | — | — |
| Virginia | 0 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Local Government's page for that state.
Counties where Local Government is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Washington County, NC | 22 | 1 | 1.6% |
Check Local Government yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300SJTLYB6ZWKPR88.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Local Government with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology