BAY-VALLEY MORTGAGE GROUP closing costs and rates (2024)
In 2024, BAY-VALLEY MORTGAGE GROUP originated 739 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $12,036. That ranks #487 nationally by origination volume. For total closing costs among lenders with 500+ originations, BAY-VALLEY MORTGAGE GROUP ranks #595. That is $5,295 above the national median of $6,741. BAY-VALLEY MORTGAGE GROUP is most active in California with 560 originations there.
Purchase Originations
739
Ranked #487 nationally
Median Total Costs
$12,036
+78.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$5,758
Median Lender Credits
$400
Cost Rank (500+ vol.)
#595
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 505 | 6.625% | $9,008 | $4,595 |
| fha | 211 | 6.500% | $20,843 | $8,073 |
| va | 23 | 6.125% | $10,374 | $2,555 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 560 | 6.625% | $13,763 | #68 |
| Nevada | 35 | 6.625% | $10,992 | — |
| Georgia | 18 | 6.500% | $9,380 | — |
| Texas | 16 | 6.625% | $8,547 | — |
| Arizona | 15 | 6.625% | $9,689 | — |
| Washington | 11 | 6.375% | $5,794 | — |
| Tennessee | 10 | 6.375% | $10,565 | — |
| Virginia | 10 | 6.875% | $7,481 | — |
| North Carolina | 9 | 6.250% | $8,527 | — |
| Maryland | 8 | 6.620% | $5,815 | — |
| Colorado | 6 | 6.750% | $9,166 | — |
| Oregon | 5 | 7.000% | $5,160 | — |
| Illinois | 4 | 7.000% | $8,719 | — |
| Minnesota | 4 | 6.625% | $4,906 | — |
| Ohio | 4 | 6.562% | $6,022 | — |
| Oklahoma | 4 | 6.688% | $6,075 | — |
| Alaska | 3 | 7.375% | $9,548 | — |
| Florida | 3 | 7.375% | $5,747 | — |
| Idaho | 3 | 6.250% | $12,335 | — |
| New Jersey | 3 | 6.375% | $11,690 | — |
| Michigan | 2 | 6.625% | $7,059 | — |
| Rhode Island | 2 | 6.375% | $9,705 | — |
| South Carolina | 2 | 7.000% | $4,243 | — |
| Pennsylvania | 1 | 7.000% | $7,779 | — |
| Utah | 1 | 6.125% | $8,344 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,397 | 6.750% | — | 17 | −$7,639 | |
| 2 | $5,457 | 6.500% | — | 3 | −$6,579 | |
| 3 | $7,074 | 6.625% | — | 9 | −$4,962 | |
| 4 | $8,240 | 6.812% | — | 6 | −$3,796 | |
| 5 | $8,582 | 6.750% | — | 3 | −$3,454 | |
| 6 | $8,904 | 6.625% | — | 17 | −$3,132 | |
| 7 | $9,304 | 6.625% | — | 77 | −$2,732 | |
| 8 | $9,380 | 6.688% | — | 6 | −$2,656 | |
| 9 | $10,396 | 6.125% | — | 3 | −$1,640 | |
| 10 | $11,256 | 6.625% | — | 33 | −$780 | |
| 11 | $11,753 | 6.500% | — | 3 | −$283 | |
| 12 | $12,036 | 6.758% | — | 4 | +$0 | |
| 13 | $12,142 | 6.500% | — | 5 | +$106 | |
| 14 | $13,730 | 6.750% | — | 9 | +$1,694 | |
| 15 | $14,367 | 6.625% | — | 76 | +$2,331 | |
| 16 | $15,040 | 6.625% | — | 38 | +$3,004 | |
| 17 | $15,673 | 6.625% | — | 186 | +$3,637 | |
| 18 | $16,573 | 6.375% | — | 4 | +$4,537 | |
| 19 | $17,810 | 6.625% | — | 77 | +$5,774 | |
| 20 | $23,803 | 6.500% | — | 17 | +$11,767 |
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.