ABSOLUTE HOME MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, ABSOLUTE HOME MORTGAGE CORPORATION originated 2,469 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $9,569. That ranks #181 nationally by origination volume. For total closing costs among lenders with 500+ originations, ABSOLUTE HOME MORTGAGE CORPORATION ranks #531. That is $2,828 above the national median of $6,741. ABSOLUTE HOME MORTGAGE CORPORATION is most active in New Jersey with 1,327 originations there.
Purchase Originations
2,469
Ranked #181 nationally
Median Total Costs
$9,569
+42.0% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$4,184
Median Lender Credits
$191
Cost Rank (500+ vol.)
#531
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,455 | 6.875% | $6,953 | $3,450 |
| fha | 892 | 6.625% | $14,619 | $5,377 |
| va | 101 | 6.750% | $10,805 | $4,734 |
| usda | 21 | 6.500% | $6,951 | $3,015 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 1,327 | 6.750% | $9,387 | #10 |
| Florida | 392 | 6.750% | $11,892 | #107 |
| Pennsylvania | 258 | 6.625% | $10,609 | #82 |
| New York | 203 | 6.875% | $7,455 | #81 |
| Delaware | 63 | 6.500% | $9,198 | #42 |
| Ohio | 50 | 6.750% | $8,747 | #185 |
| Tennessee | 41 | 6.625% | $7,030 | — |
| South Carolina | 37 | 6.750% | $11,856 | — |
| North Carolina | 27 | 6.750% | $9,970 | — |
| Georgia | 20 | 6.625% | $10,565 | — |
| Maryland | 13 | 6.875% | $7,581 | — |
| Alabama | 8 | 7.058% | $9,224 | — |
| Michigan | 6 | 6.625% | $8,033 | — |
| Illinois | 5 | 6.500% | $10,785 | — |
| Texas | 5 | 6.125% | $18,213 | — |
| Virginia | 5 | 7.124% | $6,165 | — |
| Vermont | 2 | 6.625% | $4,083 | — |
| West Virginia | 2 | 7.308% | $6,687 | — |
| Arizona | 1 | 7.500% | $7,678 | — |
| Colorado | 1 | 7.000% | $13,202 | — |
| Massachusetts | 1 | 7.125% | $24,181 | — |
| Maine | 1 | 6.625% | $7,387 | — |
| New Hampshire | 1 | 6.750% | $16,312 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,657 | 6.875% | — | 97 | −$3,912 | |
| 2 | $6,828 | 6.875% | — | 37 | −$2,741 | |
| 3 | $6,975 | 7.250% | — | 69 | −$2,594 | |
| 4 | $7,267 | 6.625% | — | 107 | −$2,302 | |
| 5 | $7,787 | 6.750% | — | 53 | −$1,782 | |
| 6 | $8,185 | 6.990% | — | 45 | −$1,384 | |
| 7 | $8,413 | 6.990% | — | 48 | −$1,156 | |
| 8 | $8,436 | 6.875% | — | 117 | −$1,133 | |
| 9 | $8,510 | 6.562% | — | 42 | −$1,059 | |
| 10 | $9,219 | 6.750% | — | 211 | −$350 | |
| 11 | $9,294 | 6.625% | — | 35 | −$275 | |
| 12 | $9,350 | 6.750% | — | 91 | −$219 | |
| 13 | $9,915 | 6.750% | — | 59 | +$346 | |
| 14 | $10,594 | 6.750% | — | 71 | +$1,025 | |
| 15 | $10,815 | 6.625% | — | 88 | +$1,246 | |
| 16 | $11,402 | 6.625% | — | 60 | +$1,833 | |
| 17 | $11,584 | 6.625% | — | 106 | +$2,015 | |
| 18 | $13,607 | 6.688% | — | 120 | +$4,038 | |
| 19 | $15,746 | 6.625% | — | 74 | +$6,177 | |
| 20 | $18,178 | 6.625% | — | 67 | +$8,609 |
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.