Banner Bank closing costs and rates (2024)
In 2024, Banner Bank originated 836 purchase mortgages at a median interest rate of 7.00% and median total closing costs of $10,613. That ranks #425 nationally by origination volume. For total closing costs among lenders with 500+ originations, Banner Bank ranks #574. That is $3,872 above the national median of $6,741. Banner Bank is most active in Washington with 501 originations there.
Purchase Originations
836
Ranked #425 nationally
Median Total Costs
$10,613
+57.4% vs national ($6,741)
Median Rate
7.000%
+5.7% vs national (6.620%)
Median Origination
$4,949
Median Lender Credits
$300
Cost Rank (500+ vol.)
#574
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 716 | 7.125% | $10,021 | $5,278 |
| fha | 78 | 5.938% | $12,342 | $3,501 |
| va | 39 | 6.125% | $10,707 | $4,070 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Washington | 501 | 7.000% | $10,668 | #31 |
| Oregon | 227 | 6.625% | $9,255 | #38 |
| California | 79 | 7.750% | $14,260 | #222 |
| Idaho | 29 | 6.500% | $5,383 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,341 | 7.125% | — | 24 | −$5,272 | |
| 2 | $5,894 | 6.375% | — | 13 | −$4,719 | |
| 3 | $6,021 | 6.875% | — | 21 | −$4,592 | |
| 4 | $6,649 | 6.625% | — | 39 | −$3,964 | |
| 5 | $7,624 | 6.625% | — | 47 | −$2,989 | |
| 6 | $7,763 | 6.750% | — | 18 | −$2,850 | |
| 7 | $8,913 | 6.625% | — | 17 | −$1,700 | |
| 8 | $8,957 | 6.875% | — | 16 | −$1,656 | |
| 9 | $9,136 | 6.125% | — | 19 | −$1,477 | |
| 10 | $9,261 | 7.000% | — | 39 | −$1,352 | |
| 11 | $9,262 | 6.500% | — | 40 | −$1,351 | |
| 12 | $9,344 | 6.875% | — | 39 | −$1,269 | |
| 13 | $9,578 | 6.500% | — | 15 | −$1,035 | |
| 14 | $10,025 | 6.312% | — | 18 | −$588 | |
| 15 | $11,120 | 6.875% | — | 40 | +$507 | |
| 16 | $11,716 | 7.375% | — | 56 | +$1,103 | |
| 17 | $11,895 | 6.875% | — | 27 | +$1,282 | |
| 18 | $12,718 | 8.125% | — | 13 | +$2,105 | |
| 19 | $13,183 | 6.625% | — | 21 | +$2,570 | |
| 20 | $14,165 | 7.500% | — | 35 | +$3,552 |
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.