ALABAMA ONE closing costs and rates (2024)
In 2024, ALABAMA ONE originated 111 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $4,661. That is $2,080 below the national median of $6,741. ALABAMA ONE is most active in Alabama with 110 originations there.
Purchase Originations
111
Median Total Costs
$4,661
−30.9% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$2,120
Median Lender Credits
$35
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 111 | 6.750% | $4,661 | $2,120 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,156 | 6.938% | — | 2 | −$1,505 | |
| 2 | $3,511 | 7.000% | — | 3 | −$1,150 | |
| 3 | $3,699 | 6.750% | — | 4 | −$962 | |
| 4 | $3,767 | 6.750% | — | 3 | −$894 | |
| 5 | $4,243 | 6.875% | — | 3 | −$418 | |
| 6 | $4,312 | 6.875% | — | 4 | −$349 | |
| 7 | $4,369 | 6.875% | — | 4 | −$292 | |
| 8 | $4,420 | 6.625% | — | 1 | −$241 | |
| 9 | $4,421 | 7.062% | — | 2 | −$240 | |
| 10 | $4,424 | 6.875% | — | 3 | −$237 | |
| 11 | $4,512 | 7.500% | — | 1 | −$149 | |
| 12 | $4,569 | 6.188% | — | 2 | −$92 | |
| 13 | $4,614 | 6.562% | — | 2 | −$47 | |
| 14 | $4,661 | 6.625% | — | 1 | +$0 | |
| 15 | $4,848 | 6.750% | — | 59 | +$187 | |
| 16 | $5,746 | 7.312% | — | 2 | +$1,085 | |
| 17 | $5,917 | 6.750% | — | 5 | +$1,256 | |
| 18 | $6,032 | 6.500% | — | 1 | +$1,371 | |
| 19 | $6,423 | 6.750% | — | 2 | +$1,762 | |
| 20 | $8,140 | 6.438% | — | 2 | +$3,479 |
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.