1st Summit Bank closing costs and rates (2024)
In 2024, 1st Summit Bank originated 124 purchase mortgages at a median interest rate of 6.99% and median total closing costs of $2,769. That is $3,972 below the national median of $6,741. 1st Summit Bank is most active in Pennsylvania with 124 originations there.
Purchase Originations
124
Median Total Costs
$2,769
−58.9% vs national ($6,741)
Median Rate
6.990%
+5.6% vs national (6.620%)
Median Origination
$451
Median Lender Credits
—
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 124 | 6.990% | $2,769 | $451 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 124 | 6.990% | $2,769 | #143 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,349 | 6.990% | — | 6 | −$420 | |
| 2 | $2,437 | 6.740% | — | 67 | −$332 | |
| 3 | $2,642 | 6.740% | — | 1 | −$127 | |
| 4 | $2,767 | 7.240% | — | 2 | −$2 | |
| 5 | $2,849 | 6.990% | — | 11 | +$80 | |
| 6 | $3,731 | 6.990% | — | 16 | +$962 | |
| 7 | $3,734 | 6.240% | — | 3 | +$965 | |
| 8 | $4,810 | 6.990% | — | 18 | +$2,041 |
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.