1ST 2ND MORTGAGE COMPANY OF N.J., INC. closing costs and rates (2024)
In 2024, 1ST 2ND MORTGAGE COMPANY OF N.J., INC. originated 222 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $10,662. That is $3,921 above the national median of $6,741. 1ST 2ND MORTGAGE COMPANY OF N.J., INC. is most active in New Jersey with 137 originations there.
Purchase Originations
222
Median Total Costs
$10,662
+58.2% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$3,729
Median Lender Credits
$60
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 152 | 6.750% | $7,662 | $3,593 |
| fha | 69 | 6.375% | $18,298 | $4,025 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 137 | 6.625% | $11,073 | #90 |
| New York | 32 | 6.562% | $11,655 | — |
| Florida | 20 | 6.500% | $8,445 | — |
| Connecticut | 11 | 6.625% | $13,840 | — |
| Pennsylvania | 10 | 6.625% | $8,702 | — |
| Maryland | 3 | 7.125% | $9,058 | — |
| Texas | 3 | 6.625% | $15,211 | — |
| California | 2 | 6.500% | $22,923 | — |
| Virginia | 2 | 6.482% | $4,111 | — |
| Delaware | 1 | 6.500% | $8,075 | — |
| New Hampshire | 1 | 6.625% | $3,345 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,137 | 7.500% | — | 3 | −$5,525 | |
| 2 | $6,340 | 7.125% | — | 5 | −$4,322 | |
| 3 | $7,471 | 6.875% | — | 11 | −$3,191 | |
| 4 | $8,330 | 6.990% | — | 5 | −$2,332 | |
| 5 | $8,507 | 6.250% | — | 5 | −$2,155 | |
| 6 | $8,605 | 6.875% | — | 28 | −$2,057 | |
| 7 | $9,914 | 6.625% | — | 4 | −$748 | |
| 8 | $10,162 | 6.500% | — | 5 | −$500 | |
| 9 | $10,858 | 6.625% | — | 14 | +$196 | |
| 10 | $11,674 | 7.125% | — | 3 | +$1,012 | |
| 11 | $11,885 | 7.000% | — | 11 | +$1,223 | |
| 12 | $11,960 | 6.625% | — | 4 | +$1,298 | |
| 13 | $12,589 | 6.688% | — | 20 | +$1,927 | |
| 14 | $13,583 | 6.500% | — | 14 | +$2,921 | |
| 15 | $13,741 | 6.375% | — | 5 | +$3,079 | |
| 16 | $13,779 | 6.125% | — | 6 | +$3,117 | |
| 17 | $17,458 | 7.000% | — | 5 | +$6,796 | |
| 18 | $19,900 | 6.625% | — | 3 | +$9,238 | |
| 19 | $20,539 | 6.808% | — | 6 | +$9,877 | |
| 20 | $20,575 | 6.250% | — | 4 | +$9,913 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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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.