Bank Five Nine closing costs and rates (2024)
In 2024, Bank Five Nine originated 884 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,597. That ranks #409 nationally by origination volume. For total closing costs among lenders with 500+ originations, Bank Five Nine ranks #81. That is $3,144 below the national median of $6,741. Bank Five Nine is most active in Wisconsin with 852 originations there.
Purchase Originations
884
Ranked #409 nationally
Median Total Costs
$3,597
−46.6% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$1,075
Median Lender Credits
$430
Cost Rank (500+ vol.)
#81
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 738 | 6.875% | $3,490 | $1,075 |
| fha | 94 | 6.250% | $8,163 | $1,075 |
| va | 52 | 6.250% | $4,056 | $1,512 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Wisconsin | 852 | 6.625% | $3,590 | #15 |
| Illinois | 8 | 6.312% | $5,086 | — |
| Minnesota | 5 | 6.750% | $4,306 | — |
| Tennessee | 5 | 6.875% | $3,909 | — |
| Florida | 3 | 6.990% | $4,756 | — |
| Arizona | 2 | 6.933% | $5,784 | — |
| Georgia | 2 | 6.625% | $9,435 | — |
| South Carolina | 2 | 6.438% | $3,180 | — |
| Alabama | 1 | 6.625% | $4,223 | — |
| Colorado | 1 | 7.375% | $2,595 | — |
| Michigan | 1 | 7.000% | $2,720 | — |
| Missouri | 1 | 6.625% | $3,072 | — |
| Texas | 1 | 7.125% | $4,464 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,931 | 6.000% | — | 5 | −$666 | |
| 2 | $3,202 | 6.688% | — | 8 | −$395 | |
| 3 | $3,328 | 6.750% | — | 18 | −$269 | |
| 4 | $3,477 | 6.625% | — | 51 | −$120 | |
| 5 | $3,485 | 6.375% | — | 15 | −$112 | |
| 6 | $3,506 | 6.995% | — | 28 | −$91 | |
| 7 | $3,522 | 6.933% | — | 6 | −$75 | |
| 8 | $3,534 | 6.688% | — | 12 | −$63 | |
| 9 | $3,570 | 6.625% | — | 256 | −$27 | |
| 10 | $3,583 | 6.990% | — | 148 | −$14 | |
| 11 | $3,647 | 6.500% | — | 19 | +$50 | |
| 12 | $3,650 | 6.438% | — | 72 | +$53 | |
| 13 | $3,663 | 6.750% | — | 10 | +$66 | |
| 14 | $3,686 | 6.625% | — | 71 | +$89 | |
| 15 | $3,703 | 6.375% | — | 23 | +$106 | |
| 16 | $3,729 | 6.625% | — | 13 | +$132 | |
| 17 | $3,782 | 6.875% | — | 7 | +$185 | |
| 18 | $3,858 | 6.938% | — | 36 | +$261 | |
| 19 | $3,870 | 6.438% | — | 8 | +$273 | |
| 20 | $3,888 | 6.125% | — | 9 | +$291 |
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.