Bank of Springfield closing costs and rates (2024)
In 2024, Bank of Springfield originated 433 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $2,197. That is $4,544 below the national median of $6,741. Bank of Springfield is most active in Illinois with 317 originations there.
Purchase Originations
433
Median Total Costs
$2,197
−67.4% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$467
Median Lender Credits
$51
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 398 | 6.750% | $2,140 | $467 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 317 | 6.575% | $2,054 | #67 |
| Missouri | 89 | 6.875% | $3,260 | #105 |
| Florida | 6 | 7.000% | $4,216 | — |
| Arizona | 2 | 7.125% | $7,328 | — |
| Colorado | 2 | 6.825% | $5,488 | — |
| Indiana | 2 | 6.750% | $4,282 | — |
| Minnesota | 2 | 7.125% | $3,603 | — |
| Nebraska | 2 | 7.325% | $1,842 | — |
| Tennessee | 2 | 7.138% | $2,310 | — |
| Utah | 2 | 7.112% | $5,050 | — |
| California | 1 | 8.000% | $1,150 | — |
| Michigan | 1 | 6.625% | $6,999 | — |
| North Carolina | 1 | 6.625% | $1,785 | — |
| North Dakota | 1 | 7.523% | $3,002 | — |
| Ohio | 1 | 8.500% | $1,284 | — |
| Oklahoma | 1 | 7.050% | $3,811 | — |
| Wisconsin | 1 | 6.875% | $2,428 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,623 | 6.744% | — | 4 | −$574 | |
| 2 | $1,677 | 6.750% | — | 11 | −$520 | |
| 3 | $1,725 | 6.463% | — | 8 | −$472 | |
| 4 | $1,955 | 7.094% | — | 4 | −$242 | |
| 5 | $2,027 | 6.500% | — | 225 | −$170 | |
| 6 | $2,031 | 6.875% | — | 12 | −$166 | |
| 7 | $2,108 | 6.550% | — | 7 | −$89 | |
| 8 | $2,136 | 6.500% | — | 5 | −$61 | |
| 9 | $2,175 | 6.624% | — | 12 | −$22 | |
| 10 | $2,218 | 7.275% | — | 8 | +$21 | |
| 11 | $2,474 | 6.562% | — | 4 | +$277 | |
| 12 | $2,583 | 6.487% | — | 4 | +$386 | |
| 13 | $3,060 | 6.970% | — | 8 | +$863 | |
| 14 | $3,214 | 7.250% | — | 3 | +$1,017 | |
| 15 | $3,259 | 6.875% | — | 22 | +$1,062 | |
| 16 | $3,326 | 6.400% | — | 3 | +$1,129 | |
| 17 | $3,416 | 7.000% | — | 29 | +$1,219 | |
| 18 | $3,428 | 6.125% | — | 6 | +$1,231 | |
| 19 | $3,903 | 6.750% | — | 5 | +$1,706 | |
| 20 | $6,240 | 7.000% | — | 3 | +$4,043 |
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.