American Security Mortgage Corp. closing costs and rates (2024)
In 2024, American Security Mortgage Corp. originated 2,626 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $5,155. That ranks #171 nationally by origination volume. For total closing costs among lenders with 500+ originations, American Security Mortgage Corp. ranks #217. That is $1,586 below the national median of $6,741. American Security Mortgage Corp. is most active in North Carolina with 2,353 originations there.
Purchase Originations
2,626
Ranked #171 nationally
Median Total Costs
$5,155
−23.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,395
Median Lender Credits
$550
Cost Rank (500+ vol.)
#217
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,764 | 6.625% | $4,456 | $1,395 |
| va | 432 | 6.188% | $9,439 | $1,642 |
| fha | 400 | 6.250% | $10,470 | $2,132 |
| usda | 30 | 6.125% | $7,706 | $2,349 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 2,353 | 6.625% | $5,087 | #10 |
| South Carolina | 210 | 6.625% | $5,484 | #72 |
| Virginia | 26 | 6.625% | $8,268 | — |
| Florida | 10 | 6.625% | $5,952 | — |
| Georgia | 10 | 6.625% | $5,214 | — |
| Tennessee | 7 | 6.750% | $4,312 | — |
| Maryland | 4 | 6.625% | $7,095 | — |
| Ohio | 4 | 6.688% | $4,532 | — |
| District of Columbia | 1 | 5.625% | $31,348 | — |
| Illinois | 1 | 6.990% | $6,855 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,117 | 6.750% | — | 40 | −$1,038 | |
| 2 | $4,214 | 6.438% | — | 66 | −$941 | |
| 3 | $4,495 | 6.625% | — | 708 | −$660 | |
| 4 | $4,598 | 6.812% | — | 38 | −$557 | |
| 5 | $4,637 | 6.625% | — | 66 | −$518 | |
| 6 | $4,770 | 6.625% | — | 225 | −$385 | |
| 7 | $4,893 | 6.625% | — | 106 | −$262 | |
| 8 | $4,990 | 6.625% | — | 52 | −$165 | |
| 9 | $5,324 | 6.625% | — | 37 | +$169 | |
| 10 | $5,567 | 6.625% | — | 151 | +$412 | |
| 11 | $6,042 | 6.250% | — | 59 | +$887 | |
| 12 | $6,210 | 6.125% | — | 37 | +$1,055 | |
| 13 | $6,265 | 6.500% | — | 103 | +$1,110 | |
| 14 | $6,274 | 6.500% | — | 37 | +$1,119 | |
| 15 | $7,030 | 6.250% | — | 41 | +$1,875 | |
| 16 | $8,498 | 6.500% | — | 102 | +$3,343 | |
| 17 | $8,583 | 6.250% | — | 82 | +$3,428 | |
| 18 | $8,618 | 6.490% | — | 131 | +$3,463 | |
| 19 | $10,416 | 6.375% | — | 42 | +$5,261 | |
| 20 | $10,446 | 6.250% | — | 43 | +$5,291 |
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.