Bank of Colorado closing costs and rates (2024)
In 2024, Bank of Colorado originated 440 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $7,022. That is $281 above the national median of $6,741. Bank of Colorado is most active in Colorado with 386 originations there.
Purchase Originations
440
Median Total Costs
$7,022
+4.2% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$3,984
Median Lender Credits
$695
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 353 | 6.875% | $6,064 | $3,818 |
| fha | 74 | 6.625% | $11,605 | $4,475 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Colorado | 386 | 6.750% | $7,189 | #44 |
| Arizona | 16 | 7.000% | $6,861 | — |
| New Mexico | 10 | 6.812% | $5,725 | — |
| Wyoming | 7 | 6.750% | $5,489 | — |
| Nebraska | 6 | 6.688% | $4,392 | — |
| Texas | 4 | 6.625% | $7,647 | — |
| Kansas | 2 | 7.188% | $3,406 | — |
| Minnesota | 2 | 6.312% | $7,067 | — |
| Missouri | 2 | 6.312% | $10,402 | — |
| Florida | 1 | 6.875% | $5,561 | — |
| Idaho | 1 | 6.000% | $17,221 | — |
| Michigan | 1 | 6.875% | $3,746 | — |
| North Carolina | 1 | 4.875% | $16,914 | — |
| Utah | 1 | 6.750% | $14,398 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,208 | 6.625% | — | 9 | −$2,814 | |
| 2 | $4,384 | 6.688% | — | 10 | −$2,638 | |
| 3 | $5,410 | 6.875% | — | 7 | −$1,612 | |
| 4 | $5,876 | 7.000% | — | 11 | −$1,146 | |
| 5 | $6,245 | 6.688% | — | 6 | −$777 | |
| 6 | $6,330 | 6.875% | — | 9 | −$692 | |
| 7 | $6,341 | 7.250% | — | 16 | −$681 | |
| 8 | $6,544 | 6.750% | — | 64 | −$478 | |
| 9 | $6,642 | 6.625% | — | 39 | −$380 | |
| 10 | $6,756 | 6.562% | — | 20 | −$266 | |
| 11 | $7,052 | 6.750% | — | 13 | +$30 | |
| 12 | $7,053 | 6.938% | — | 8 | +$31 | |
| 13 | $7,167 | 6.562% | — | 14 | +$145 | |
| 14 | $7,170 | 7.000% | — | 14 | +$148 | |
| 15 | $7,232 | 6.938% | — | 6 | +$210 | |
| 16 | $7,236 | 7.500% | — | 17 | +$214 | |
| 17 | $7,910 | 6.625% | — | 59 | +$888 | |
| 18 | $9,469 | 6.750% | — | 37 | +$2,447 | |
| 19 | $10,782 | 6.675% | — | 8 | +$3,760 | |
| 20 | $10,870 | 6.875% | — | 6 | +$3,848 |
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.