Acre Mortgage & Financial, Inc. closing costs and rates (2024)
In 2024, Acre Mortgage & Financial, Inc. originated 548 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $10,441. That ranks #603 nationally by origination volume. For total closing costs among lenders with 500+ originations, Acre Mortgage & Financial, Inc. ranks #568. That is $3,700 above the national median of $6,741. Acre Mortgage & Financial, Inc. is most active in New Jersey with 269 originations there.
Purchase Originations
548
Ranked #603 nationally
Median Total Costs
$10,441
+54.9% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$5,126
Median Lender Credits
$160
Cost Rank (500+ vol.)
#568
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 278 | 6.750% | $14,076 | $5,893 |
| conventional | 236 | 6.875% | $7,310 | $3,860 |
| va | 28 | 6.750% | $11,740 | $5,689 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 269 | 6.750% | $10,048 | #53 |
| Pennsylvania | 152 | 6.625% | $10,067 | #125 |
| Florida | 42 | 6.750% | $14,965 | — |
| Maryland | 21 | 6.990% | $9,306 | — |
| Delaware | 18 | 6.688% | $10,679 | — |
| Georgia | 16 | 6.625% | $9,370 | — |
| Texas | 10 | 6.438% | $11,753 | — |
| Virginia | 10 | 6.562% | $20,994 | — |
| North Carolina | 5 | 6.750% | $12,571 | — |
| Alabama | 3 | 6.875% | $8,954 | — |
| Connecticut | 2 | 7.120% | $9,182 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,410 | 6.990% | — | 5 | −$3,031 | |
| 2 | $7,935 | 6.625% | — | 14 | −$2,506 | |
| 3 | $8,031 | 6.750% | — | 8 | −$2,410 | |
| 4 | $8,573 | 6.500% | — | 59 | −$1,868 | |
| 5 | $9,306 | 7.000% | — | 5 | −$1,135 | |
| 6 | $9,316 | 6.750% | — | 38 | −$1,125 | |
| 7 | $9,569 | 6.375% | — | 9 | −$872 | |
| 8 | $9,830 | 6.875% | — | 90 | −$611 | |
| 9 | $9,968 | 6.625% | — | 72 | −$473 | |
| 10 | $10,128 | 6.625% | — | 12 | −$313 | |
| 11 | $10,356 | 6.688% | — | 8 | −$85 | |
| 12 | $10,544 | 6.625% | — | 5 | +$103 | |
| 13 | $10,995 | 6.125% | — | 5 | +$554 | |
| 14 | $11,136 | 7.188% | — | 4 | +$695 | |
| 15 | $11,192 | 7.058% | — | 16 | +$751 | |
| 16 | $11,255 | 7.125% | — | 9 | +$814 | |
| 17 | $13,990 | 6.625% | — | 14 | +$3,549 | |
| 18 | $14,104 | 7.000% | — | 7 | +$3,663 | |
| 19 | $16,782 | 7.250% | — | 29 | +$6,341 | |
| 20 | $17,306 | 7.125% | — | 6 | +$6,865 |
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.