Median Total Costs
$19,104
+186.0% vs national ($6,680)
↓ $3,134 vs prior year
Median Rate
6.120%
−5.7% vs national (6.490%)
Median Origination
$7,074
Purchase Originations
125
Denial Rate
5.0%
vs national avg (9.0%)
Guam is a U.S. territory and operates under its own Organic Act framework rather than U.S. state law, though federal mortgage regulations (RESPA, TILA, HMDA) apply fully. Guam allows both judicial and non-judicial foreclosure processes, and real estate transactions typically close with the involvement of a title company; it is not classified as an attorney-closing state. Transfer taxes and documentary stamp structures in Guam differ from U.S. states — the territory does not impose a real property transfer tax, though nominal recording fees apply and details should be confirmed with a local escrow officer. Title insurance in Guam is not subject to a promulgated-rate system like some U.S. states; rates are generally filed with the territory's insurance regulatory body. Prepayment penalty rules follow federal Qualified Mortgage guidelines under CFPB oversight, which applies to Guam as a U.S. territory. The Guam Department of Revenue and Taxation oversees property-related taxes locally. Buyers should work with a licensed Guam real estate attorney or escrow officer familiar with territorial law before closing.
Guam's 2024 HMDA data shows a market heavily concentrated in government-backed loans. FHA loans led with 46 originations (48.9% of volume) at a median rate of 6.562% and median total costs of $23,357. VA loans were a close second at 37 originations (39.4% of volume), benefiting from Guam's large active-duty military and veteran population tied to Naval Base Guam and Andersen Air Force Base. Together these two loan types account for nearly 90% of purchase originations, leaving conventional lending a minor share. USDA rural loan programs have limited applicability given Guam's geography and population density.
Total Mortgage Services, LLC
Total Mortgage Services accounted for 66 of the 94 purchase originations recorded in Guam's 2024 HMDA data, making it by far the highest-volume lender in the territory. Its dominance suggests strong operational infrastructure for Guam closings, though its median total costs of $23,453 run above even Guam's already elevated market median.
Navy Federal Credit Union
Given Guam's substantial military presence — including Naval Base Guam and Andersen Air Force Base — Navy Federal Credit Union is a commonly referenced lender for active-duty and veteran borrowers in the territory, particularly for VA loan products.
Bank of Guam
Bank of Guam is a locally chartered institution with deep roots in the territory's residential lending market, offering familiarity with Guam-specific title, escrow, and regulatory requirements that mainland lenders may lack.
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 20 | 6.500% | $17,144 |
| fha | 30 | 6.500% | $23,026 |
| va | 69 | 6.000% | $17,690 |
Ranked by median total loan costs among lenders with 50+ purchase originations in GU.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $20,115 | 6.250% | $8,083 | 74 | +$1,011 |
Includes lenders with 50+ purchase originations in GU. Source: HMDA 2025. Sorted by median total loan costs.
Closing costs in Guam are substantially elevated relative to the U.S. mainland, driven by the territory's remote location and the limited competitive market for settlement services. Title and escrow fees tend to represent a dominant share of total costs, as fewer providers operate locally. Lender origination fees can also be proportionally higher given the small loan volume in the market. With only a handful of active lenders, buyers have limited ability to shop competing loan estimates — but doing so remains worthwhile. Government-backed loan types carry distinct cost profiles: VA loans show materially lower total costs than FHA in this market. Buyers should request itemized Loan Estimates from every available lender and compare third-party service fees carefully, as those line items vary most between providers.
Got a GU Closing Disclosure or Loan Estimate?
HMDA medians tell you what GU lenders usually charge. Upload your paperwork to see exactly how your quote compares — and get a ready-to-send negotiation email.
See GU closing cost details, fee benchmarks, and county comparisons → GU Closing Costs Guide
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Data source: HMDA Modified Loan Application Register 2025, 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.