1ST PRIORITY MORTGAGE, INC. closing costs and rates (2024)
In 2024, 1ST PRIORITY MORTGAGE, INC. originated 1,390 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $5,023. That ranks #289 nationally by origination volume. For total closing costs among lenders with 500+ originations, 1ST PRIORITY MORTGAGE, INC. ranks #199. That is $1,718 below the national median of $6,741. 1ST PRIORITY MORTGAGE, INC. is most active in New York with 1,326 originations there.
Purchase Originations
1,390
Ranked #289 nationally
Median Total Costs
$5,023
−25.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,955
Median Lender Credits
$500
Cost Rank (500+ vol.)
#199
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,196 | 6.625% | $4,795 | $1,975 |
| fha | 144 | 6.500% | $8,620 | $1,809 |
| va | 48 | 6.250% | $6,790 | $1,779 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 1,326 | 6.625% | $4,956 | #15 |
| New Jersey | 52 | 6.625% | $6,974 | #145 |
| Connecticut | 5 | 6.625% | $7,976 | — |
| Florida | 4 | 6.750% | $7,505 | — |
| Pennsylvania | 3 | 6.625% | $6,800 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,022 | 6.625% | — | 15 | −$1,001 | |
| 2 | $4,229 | 6.500% | — | 15 | −$794 | |
| 3 | $4,311 | 6.812% | — | 90 | −$712 | |
| 4 | $4,406 | 6.625% | — | 19 | −$617 | |
| 5 | $4,473 | 6.625% | — | 80 | −$550 | |
| 6 | $4,515 | 6.688% | — | 16 | −$508 | |
| 7 | $4,517 | 6.625% | — | 44 | −$506 | |
| 8 | $4,524 | 6.750% | — | 190 | −$499 | |
| 9 | $4,562 | 6.750% | — | 319 | −$461 | |
| 10 | $4,601 | 6.688% | — | 14 | −$422 | |
| 11 | $4,673 | 6.750% | — | 21 | −$350 | |
| 12 | $4,889 | 6.625% | — | 18 | −$134 | |
| 13 | $4,954 | 6.625% | — | 33 | −$69 | |
| 14 | $5,933 | 6.562% | — | 14 | +$910 | |
| 15 | $6,847 | 6.500% | — | 54 | +$1,824 | |
| 16 | $6,870 | 6.625% | — | 38 | +$1,847 | |
| 17 | $6,895 | 6.625% | — | 26 | +$1,872 | |
| 18 | $7,322 | 6.500% | — | 65 | +$2,299 | |
| 19 | $7,411 | 6.375% | — | 59 | +$2,388 | |
| 20 | $7,853 | 6.875% | — | 19 | +$2,830 |
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.