BankPlus closing costs and rates (2024)
In 2024, BankPlus originated 802 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $4,005. That ranks #443 nationally by origination volume. For total closing costs among lenders with 500+ originations, BankPlus ranks #118. That is $2,736 below the national median of $6,741. BankPlus is most active in Mississippi with 505 originations there.
Purchase Originations
802
Ranked #443 nationally
Median Total Costs
$4,005
−40.6% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$995
Median Lender Credits
$50
Cost Rank (500+ vol.)
#118
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 606 | 6.690% | $3,629 | $995 |
| fha | 111 | 6.125% | $6,602 | $500 |
| va | 64 | 6.125% | $7,533 | $0 |
| usda | 21 | 6.250% | $4,353 | $995 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Mississippi | 505 | 6.625% | $3,818 | #8 |
| Alabama | 130 | 6.500% | $3,480 | #73 |
| Florida | 86 | 6.438% | $6,786 | #261 |
| Louisiana | 53 | 6.625% | $4,548 | #80 |
| Tennessee | 10 | 6.625% | $5,742 | — |
| Texas | 5 | 7.000% | $5,821 | — |
| Georgia | 4 | 6.625% | $2,647 | — |
| Kentucky | 3 | 6.750% | $2,892 | — |
| Missouri | 2 | 6.975% | $3,514 | — |
| Illinois | 1 | 7.000% | $2,704 | — |
| North Carolina | 1 | 6.875% | $3,593 | — |
| South Carolina | 1 | 6.750% | $3,492 | — |
| Virginia | 1 | 7.450% | $3,313 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,294 | 6.438% | — | 48 | −$711 | |
| 2 | $3,318 | 6.625% | — | 33 | −$687 | |
| 3 | $3,369 | 7.000% | — | 10 | −$636 | |
| 4 | $3,496 | 6.650% | — | 80 | −$509 | |
| 5 | $3,519 | 6.625% | — | 9 | −$486 | |
| 6 | $3,635 | 6.650% | — | 54 | −$370 | |
| 7 | $3,639 | 6.625% | — | 11 | −$366 | |
| 8 | $3,790 | 6.625% | — | 39 | −$215 | |
| 9 | $3,855 | 6.750% | — | 15 | −$150 | |
| 10 | $4,097 | 6.625% | — | 9 | +$92 | |
| 11 | $4,132 | 6.625% | — | 53 | +$127 | |
| 12 | $4,370 | 6.625% | — | 89 | +$365 | |
| 13 | $4,428 | 6.750% | — | 45 | +$423 | |
| 14 | $4,681 | 6.500% | — | 23 | +$676 | |
| 15 | $4,888 | 6.375% | — | 15 | +$883 | |
| 16 | $5,100 | 6.800% | — | 14 | +$1,095 | |
| 17 | $5,389 | 6.375% | — | 8 | +$1,384 | |
| 18 | $5,832 | 6.125% | — | 10 | +$1,827 | |
| 19 | $6,406 | 6.125% | — | 36 | +$2,401 | |
| 20 | $7,208 | 6.588% | — | 26 | +$3,203 |
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.