1st Colonial Community Bank closing costs and rates (2024)
In 2024, 1st Colonial Community Bank originated 291 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $5,111. That is $1,630 below the national median of $6,741. 1st Colonial Community Bank is most active in New Jersey with 236 originations there.
Purchase Originations
291
Median Total Costs
$5,111
−24.2% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,195
Median Lender Credits
$66
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 234 | 6.875% | $4,808 | $1,195 |
| fha | 46 | 6.625% | $9,055 | $1,195 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 236 | 6.750% | $4,925 | #61 |
| Pennsylvania | 51 | 6.625% | $5,687 | #204 |
| Florida | 2 | 6.938% | $5,470 | — |
| Maryland | 1 | 6.490% | $6,397 | — |
| South Carolina | 1 | 6.990% | $4,258 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,601 | 6.875% | — | 14 | −$510 | |
| 2 | $4,773 | 6.875% | — | 69 | −$338 | |
| 3 | $4,829 | 6.500% | — | 9 | −$282 | |
| 4 | $4,849 | 6.750% | — | 34 | −$262 | |
| 5 | $4,858 | 6.750% | — | 8 | −$253 | |
| 6 | $5,030 | 7.000% | — | 1 | −$81 | |
| 7 | $5,099 | 6.750% | — | 72 | −$12 | |
| 8 | $5,108 | 6.067% | — | 2 | −$3 | |
| 9 | $5,294 | 6.688% | — | 10 | +$183 | |
| 10 | $5,610 | 6.625% | — | 13 | +$499 | |
| 11 | $5,670 | 6.500% | — | 7 | +$559 | |
| 12 | $5,687 | 6.990% | — | 17 | +$576 | |
| 13 | $5,761 | 6.625% | — | 6 | +$650 | |
| 14 | $5,840 | 7.125% | — | 1 | +$729 | |
| 15 | $5,910 | 6.875% | — | 1 | +$799 | |
| 16 | $6,967 | 7.308% | — | 6 | +$1,856 | |
| 17 | $7,151 | 6.030% | — | 2 | +$2,040 | |
| 18 | $7,319 | 6.683% | — | 2 | +$2,208 | |
| 19 | $7,852 | 6.812% | — | 2 | +$2,741 | |
| 20 | $10,316 | 6.495% | — | 2 | +$5,205 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.