Bangor Savings Bank closing costs and rates (2024)
In 2024, Bangor Savings Bank originated 1,124 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $3,476. That ranks #343 nationally by origination volume. For total closing costs among lenders with 500+ originations, Bangor Savings Bank ranks #73. That is $3,265 below the national median of $6,741. Bangor Savings Bank is most active in Maine with 1,011 originations there.
Purchase Originations
1,124
Ranked #343 nationally
Median Total Costs
$3,476
−48.4% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,025
Median Lender Credits
$380
Cost Rank (500+ vol.)
#73
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 937 | 6.500% | $3,330 | $1,025 |
| fha | 89 | 6.000% | $8,562 | $1,280 |
| usda | 71 | 5.950% | $5,518 | $1,280 |
| va | 27 | 6.125% | $4,535 | $1,500 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maine | 1,011 | 6.375% | $3,442 | #2 |
| New Hampshire | 79 | 6.750% | $3,542 | #32 |
| Massachusetts | 20 | 6.875% | $3,944 | — |
| Florida | 6 | 6.312% | $3,585 | — |
| Connecticut | 3 | 7.000% | $8,952 | — |
| North Carolina | 3 | 6.125% | $3,295 | — |
| South Carolina | 1 | 6.875% | $3,778 | — |
| Vermont | 1 | 6.250% | $12,900 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,249 | 6.375% | — | 220 | −$227 | |
| 2 | $3,264 | 5.950% | — | 24 | −$212 | |
| 3 | $3,280 | 6.562% | — | 20 | −$196 | |
| 4 | $3,374 | 6.250% | — | 58 | −$102 | |
| 5 | $3,377 | 6.375% | — | 25 | −$99 | |
| 6 | $3,378 | 6.500% | — | 14 | −$98 | |
| 7 | $3,403 | 6.375% | — | 39 | −$73 | |
| 8 | $3,410 | 6.500% | — | 16 | −$66 | |
| 9 | $3,432 | 6.438% | — | 30 | −$44 | |
| 10 | $3,448 | 6.562% | — | 18 | −$28 | |
| 11 | $3,473 | 6.625% | — | 234 | −$3 | |
| 12 | $3,503 | 6.000% | — | 46 | +$27 | |
| 13 | $3,514 | 6.625% | — | 15 | +$38 | |
| 14 | $3,515 | 6.875% | — | 18 | +$39 | |
| 15 | $3,549 | 6.500% | — | 129 | +$73 | |
| 16 | $3,553 | 6.062% | — | 28 | +$77 | |
| 17 | $3,557 | 6.250% | — | 77 | +$81 | |
| 18 | $3,825 | 6.625% | — | 13 | +$349 | |
| 19 | $4,142 | 6.990% | — | 21 | +$666 | |
| 20 | $4,247 | 6.375% | — | 34 | +$771 |
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.