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BANK OF UTAH closing costs and rates (2024)

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In 2024, BANK OF UTAH originated 374 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $6,787. That is $46 above the national median of $6,741. BANK OF UTAH is most active in Utah with 355 originations there.

Purchase Originations

374

Median Total Costs

$6,787

+0.7% vs national ($6,741)

Median Rate

6.375%

−3.7% vs national (6.620%)

Median Origination

$1,423

Median Lender Credits

$30

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional2356.500%$5,010$2,710
fha1136.250%$8,734$388
va256.125%$7,490$0

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Utah3556.375%$6,787#19
Idaho106.250%$5,454
Nevada26.312%$9,561
Texas26.375%$6,727
California16.000%$8,285
Missouri17.000%$2,769
Oregon16.625%$2,156
Virginia15.625%$11,253
Wyoming16.000%$5,120

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,2136.438%2−$3,574
2$3,2206.625%1−$3,567
3$4,0536.625%1−$2,734
4$5,5596.875%21−$1,228
5$6,0566.375%92−$731
6$6,3536.250%83−$434
7$6,5586.125%21−$229
8$6,8306.188%14+$43
9$7,0166.062%8+$229
10$7,3646.500%22+$577
11$7,6816.250%14+$894
12$7,7126.500%9+$925
13$7,9766.562%30+$1,189
14$7,9896.500%20+$1,202
15$8,5615.750%5+$1,774
16$8,9046.188%4+$2,117
17$8,9876.375%1+$2,200
18$9,5616.312%2+$2,774
19$9,6296.375%9+$2,842
20$11,0626.500%4+$4,275

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.