What are the average closing costs in Faulkner County County?

In Faulkner County County, the median total loan costs on purchase mortgages were $5,428 in 2024, based on 1,409 originations.

Which lender has the lowest closing costs in Faulkner County County?

Among lenders with 10+ originations in Faulkner County County, The First National Bank of Fort Smith had the lowest median total closing costs at $2,934 in 2024.

How do closing costs in Faulkner County County compare to Arkansas?

Faulkner County County closing costs (median $5,428) are 8.8% above the Arkansas state median of $4,991.

Lowest closing cost mortgage lenders in Faulkner County County, Arkansas

In Faulkner County, Arkansas, homebuyers paid a median of $5,428 in closing costs in 2024 — above the Arkansas median of $4,991. The county saw 1,409 purchase mortgages at a median rate of 6.50%. Among lenders with 10+ originations, The First National Bank of Fort Smith offered the lowest median costs at $2,934, which is $1,115 less than the county median.

Homebuyers in Faulkner County County who chose The First National Bank of Fort Smith paid $2,494 less in closing costs than the county median.

County Median Costs

$5,428

+8.8% vs Arkansas ($4,991)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$2,121

Purchase Originations

1,409

vs Arkansas Median

8.8% above

$437

vs National Median

19.5% below

$-1,313

Lender rankings in Faulkner County County

22 lenders with 10+ originations, ranked by median total loan costs.

Rank	Lender	Median Total Costs ↑	Median Rate ↕	Median Origination ↕	Volume ↕	vs. Median
1	The First National Bank of Fort Smith	$2,934	6.500%	$995	21	−$1,115
2	Simmons Bank	$3,303	7.000%	$1,285	29	−$746
3	Regions Bank	$3,350	6.625%	$1,805	17	−$699
4	Centennial Bank	$3,411	6.875%	$1,375	78	−$638
5	Chambers Bank	$3,462	6.625%	$1,376	11	−$587
6	LENDLO MORTGAGE, LLC	$3,501	6.375%	$1,557	23	−$548
7	First Security Bank	$3,542	6.250%	$2,073	53	−$507
8	GERSHMAN INVESTMENT CORP.	$3,748	6.500%	$1,170	13	−$301
9	Bank of England	$3,825	6.875%	$1,132	26	−$224
10	PENNYMAC LOAN SERVICES, LLC	$3,936	6.624%	$1,800	11	−$114
11	EUSTIS MORTGAGE CORPORATION	$3,938	6.933%	$1,288	10	−$111
12	FLAT BRANCH MORTGAGE, INC.	$4,088	6.750%	$1,954	20	+$39
13	Arvest Bank	$4,097	6.875%	$2,192	44	+$48
14	HIGHLANDS RESIDENTIAL MORTGAGE, LTD.	$4,546	6.990%	$2,593	10	+$497
15	ARKANSAS Federal Credit Union	$4,836	6.375%	$2,730	27	+$787
16	Eagle Bank and Trust Company	$5,020	6.500%	$3,219	109	+$970
17	ROCKET MORTGAGE, LLC	$5,339	6.625%	$3,306	20	+$1,290
18	First Community Bank	$5,595	6.625%	$3,718	22	+$1,546
19	UNITED WHOLESALE MORTGAGE, LLC	$5,862	6.999%	$3,918	12	+$1,813

Includes lenders with 10+ purchase originations in Faulkner County County. Source: HMDA 2024. Sorted by median total loan costs.

View detailed closing cost breakdowns and user reviews for lenders in Arkansas → Lender Directory

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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).

Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.