Bankesb closing costs and rates (2024)
In 2024, Bankesb originated 444 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $3,815. That is $2,926 below the national median of $6,741. Bankesb is most active in Massachusetts with 383 originations there.
Purchase Originations
444
Median Total Costs
$3,815
−43.4% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$699
Median Lender Credits
$750
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 424 | 6.500% | $3,796 | $699 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Massachusetts | 383 | 6.375% | $3,798 | #28 |
| Rhode Island | 27 | 6.750% | $3,970 | — |
| Connecticut | 19 | 6.500% | $3,839 | — |
| New Hampshire | 7 | 6.500% | $3,713 | — |
| Florida | 4 | 6.562% | $10,167 | — |
| Maine | 3 | 6.875% | $3,152 | — |
| Vermont | 1 | 6.375% | $4,694 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,499 | 6.250% | — | 59 | −$316 | |
| 2 | $3,598 | 6.562% | — | 36 | −$217 | |
| 3 | $3,614 | 6.750% | — | 6 | −$201 | |
| 4 | $3,650 | 6.562% | — | 60 | −$165 | |
| 5 | $3,674 | 6.438% | — | 2 | −$141 | |
| 6 | $3,699 | 6.500% | — | 8 | −$116 | |
| 7 | $3,713 | 6.375% | — | 3 | −$102 | |
| 8 | $3,735 | 6.125% | — | 27 | −$80 | |
| 9 | $3,787 | 6.438% | — | 18 | −$28 | |
| 10 | $3,839 | 6.750% | — | 9 | +$24 | |
| 11 | $3,941 | 6.500% | — | 18 | +$126 | |
| 12 | $4,001 | 6.375% | — | 61 | +$186 | |
| 13 | $4,089 | 6.375% | — | 40 | +$274 | |
| 14 | $4,103 | 6.688% | — | 14 | +$288 | |
| 15 | $4,179 | 6.750% | — | 3 | +$364 | |
| 16 | $4,378 | 6.125% | — | 1 | +$563 | |
| 17 | $4,423 | 6.500% | — | 58 | +$608 | |
| 18 | $4,569 | 6.750% | — | 3 | +$754 | |
| 19 | $4,689 | 6.312% | — | 2 | +$874 | |
| 20 | $5,795 | 6.438% | — | 2 | +$1,980 |
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.