Archer Mortgage, LLC closing costs and rates (2024)
In 2024, Archer Mortgage, LLC originated 172 purchase mortgages at a median interest rate of 6.12% and median total closing costs of $10,905. That is $4,164 above the national median of $6,741. Archer Mortgage, LLC is most active in Virginia with 161 originations there.
Purchase Originations
172
Median Total Costs
$10,905
+61.8% vs national ($6,741)
Median Rate
6.125%
−7.5% vs national (6.620%)
Median Origination
$3,990
Median Lender Credits
$610
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| va | 98 | 6.188% | $13,918 | $4,212 |
| conventional | 37 | 6.125% | $6,212 | $3,325 |
| fha | 37 | 6.000% | $10,352 | $3,778 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Virginia | 161 | 6.125% | $10,901 | #100 |
| North Carolina | 7 | 6.625% | $11,423 | — |
| Florida | 3 | 6.625% | $12,704 | — |
| Alabama | 1 | 7.000% | $4,092 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,092 | 7.000% | — | 1 | −$6,813 | |
| 2 | $6,133 | 6.625% | — | 3 | −$4,772 | |
| 3 | $6,666 | 6.625% | — | 1 | −$4,239 | |
| 4 | $6,794 | 5.812% | — | 2 | −$4,111 | |
| 5 | $8,074 | 6.062% | — | 18 | −$2,831 | |
| 6 | $9,508 | 6.250% | — | 11 | −$1,397 | |
| 7 | $10,606 | 6.188% | — | 14 | −$299 | |
| 8 | $11,268 | 6.125% | — | 28 | +$363 | |
| 9 | $11,423 | 6.625% | — | 1 | +$518 | |
| 10 | $11,515 | 5.750% | — | 1 | +$610 | |
| 11 | $11,614 | 5.688% | — | 2 | +$709 | |
| 12 | $11,667 | 6.125% | — | 17 | +$762 | |
| 13 | $12,098 | 6.000% | — | 3 | +$1,193 | |
| 14 | $12,299 | 6.188% | — | 24 | +$1,394 | |
| 15 | $12,704 | 6.500% | — | 1 | +$1,799 | |
| 16 | $13,160 | 6.000% | — | 31 | +$2,255 | |
| 17 | $13,906 | 6.125% | — | 4 | +$3,001 | |
| 18 | $16,088 | 5.875% | — | 1 | +$5,183 | |
| 19 | $18,106 | 7.000% | — | 1 | +$7,201 | |
| 20 | $19,870 | 7.000% | — | 1 | +$8,965 |
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.