KeyBank, N.A.: 2025 mortgage rates, costs & approvals
How KeyBank, N.A. priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: KeyBank National Association · LEI HUX2X73FUCYHUVH1BK78
In 2025, KeyBank, N.A. originated 4,782 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 41 states — 133rd by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.50% (all lenders: 6.625%); its median rate spread was 15 basis points below the national median. Median conventional loan costs were $4,600, 17% lower than the national median ($5,570).
It denied 15.6% of completed home-purchase applications (all lenders: 8.5%).
How KeyBank, N.A. priced home-purchase loans
| Purchase loans, 2025 | KeyBank, N.A. | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.500% | 6.625% |
| 30-year fixed rate · FHA | 6.125% | 6.250% |
| 30-year fixed rate · VA | 6.000% | 6.125% |
| 15-year fixed rate · conventional | 5.750% | 5.875% |
| Rate spread vs. APOR · conventional | −0.02 pts | +0.13 pts |
| Total loan costs · conventional | $4,600 | $5,570 |
| Total loan costs · FHA | $8,760 | $11,310 |
| Total loan costs · VA | $6,100 | $6,490 |
| Origination charges (all types) | $1,520 | $1,860 |
| Borrowers paying discount points | 61.3% | 51.3% |
| Points paid, when paid (% of loan) | 0.30% | 0.87% |
| Borrowers receiving lender credits | 62.0% | 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 KeyBank, N.A. denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where KeyBank, N.A. lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| New York | 1,583 | 2,048 | 13.4% | 6.375% | $4,550 |
| Ohio | 1,040 | 1,367 | 13.4% | 6.500% | $4,330 |
| Washington | 484 | 734 | 23.6% | 6.500% | $5,540 |
| Indiana | 311 | 453 | 21.5% | 6.500% | $3,230 |
| Pennsylvania | 275 | 406 | 17.2% | 6.500% | $4,960 |
| Oregon | 216 | 287 | 9.4% | 6.375% | $6,220 |
| Connecticut | 143 | 205 | 17.8% | 6.375% | $4,940 |
| Michigan | 112 | 152 | 17.3% | 6.500% | $3,820 |
| Colorado | 104 | 168 | 16.1% | 6.500% | $4,350 |
| Maine | 92 | 125 | 7.0% | 6.625% | $4,350 |
| Idaho | 90 | 124 | 16.2% | 6.500% | $7,000 |
| Utah | 64 | 98 | 28.3% | — | $4,870 |
| Florida | 44 | 60 | 14.3% | 6.625% | $5,950 |
| Massachusetts | 37 | 58 | 10.3% | — | $4,610 |
| Alaska | 29 | 36 | 12.5% | — | — |
| Vermont | 19 | 33 | — | — | — |
| California | 17 | 25 | — | — | — |
| Illinois | 13 | 17 | — | — | — |
| Tennessee | 12 | 13 | — | — | — |
| Kentucky | 10 | 13 | — | — | — |
| South Carolina | 10 | 12 | — | — | — |
| Georgia | 9 | 12 | — | — | — |
| Texas | 9 | 12 | — | — | — |
| North Carolina | 9 | 9 | — | — | — |
| Arizona | 7 | 9 | — | — | — |
| New Jersey | 5 | 9 | — | — | — |
| Maryland | 5 | 7 | — | — | — |
| Virginia | 5 | 7 | — | — | — |
| Nevada | 5 | 6 | — | — | — |
| New Hampshire | 5 | 5 | — | — | — |
| Montana | 3 | 5 | — | — | — |
| Wisconsin | 3 | 4 | — | — | — |
| District of Columbia | 3 | 3 | — | — | — |
| Missouri | 2 | 3 | — | — | — |
| Wyoming | 2 | 3 | — | — | — |
| New Mexico | 2 | 2 | — | — | — |
| Rhode Island | 1 | 3 | — | — | — |
| Delaware | 1 | 2 | — | — | — |
| Alabama | 1 | 1 | — | — | — |
| Hawaii | 0 | 1 | — | — | — |
| Minnesota | 0 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open KeyBank, N.A.'s page for that state.
Counties where KeyBank, N.A. is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Aleutians West Census Area, AK | 1 | 5 | 55.6% |
| Niagara County, NY | 5 | 140 | 6.6% |
| Cayuga County, NY | 4 | 32 | 5.8% |
| Erie County, NY | 6 | 516 | 5.5% |
| Franklin County, NY | 5 | 11 | 5.3% |
| Montgomery County, NY | 7 | 21 | 5.0% |
| Genesee County, NY | 8 | 20 | 4.2% |
| Columbia County, NY | 5 | 19 | 3.9% |
| Lucas County, OH | 9 | 159 | 3.4% |
| Oneida County, NY | 9 | 61 | 3.3% |
| Erie County, OH | 6 | 28 | 3.2% |
| Fremont County, ID | 11 | 5 | 3.1% |
| Orleans County, NY | 9 | 10 | 2.9% |
| Chautauqua County, NY | 9 | 24 | 2.8% |
| Rensselaer County, NY | 8 | 40 | 2.7% |
Check KeyBank, N.A. yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI HUX2X73FUCYHUVH1BK78.
- 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 KeyBank, N.A. 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