BAYSHORE MORTGAGE FUNDING, LLC closing costs and rates (2024)
In 2024, BAYSHORE MORTGAGE FUNDING, LLC originated 1,000 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $8,291. That ranks #373 nationally by origination volume. For total closing costs among lenders with 500+ originations, BAYSHORE MORTGAGE FUNDING, LLC ranks #462. That is $1,550 above the national median of $6,741. BAYSHORE MORTGAGE FUNDING, LLC is most active in Ohio with 260 originations there.
Purchase Originations
1,000
Ranked #373 nationally
Median Total Costs
$8,291
+23.0% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$3,386
Median Lender Credits
$105
Cost Rank (500+ vol.)
#462
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 530 | 6.875% | $5,858 | $2,858 |
| fha | 325 | 6.625% | $12,068 | $3,956 |
| va | 87 | 6.625% | $9,161 | $4,095 |
| usda | 58 | 6.875% | $8,549 | $4,075 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Ohio | 260 | 6.750% | $6,499 | #79 |
| Florida | 126 | 6.625% | $10,458 | #218 |
| Kentucky | 102 | 7.000% | $7,994 | #82 |
| Maryland | 95 | 6.750% | $11,341 | #103 |
| Oregon | 43 | 6.490% | $10,861 | — |
| New Jersey | 35 | 6.875% | $10,108 | — |
| Kansas | 33 | 6.750% | $6,718 | — |
| Indiana | 32 | 6.812% | $5,945 | — |
| North Carolina | 28 | 6.688% | $8,302 | — |
| Texas | 27 | 6.625% | $9,880 | — |
| Missouri | 26 | 6.812% | $8,084 | — |
| Virginia | 25 | 6.625% | $10,903 | — |
| Pennsylvania | 23 | 6.875% | $8,192 | — |
| Alabama | 19 | 6.875% | $7,437 | — |
| Georgia | 19 | 7.125% | $11,966 | — |
| Delaware | 18 | 6.688% | $9,125 | — |
| Illinois | 18 | 7.125% | $10,082 | — |
| Louisiana | 9 | 7.125% | $9,862 | — |
| New Mexico | 9 | 6.875% | $7,557 | — |
| Michigan | 7 | 7.125% | $6,303 | — |
| Rhode Island | 7 | 6.750% | $12,853 | — |
| Arkansas | 5 | 6.750% | $4,741 | — |
| West Virginia | 5 | 6.250% | $6,690 | — |
| Massachusetts | 4 | 7.125% | $9,354 | — |
| South Carolina | 4 | 6.307% | $5,345 | — |
| Wisconsin | 4 | 6.687% | $7,390 | — |
| Colorado | 3 | 7.000% | $4,267 | — |
| Connecticut | 3 | 6.250% | $8,834 | — |
| Mississippi | 3 | 7.124% | $5,038 | — |
| Tennessee | 3 | 6.500% | $10,055 | — |
| District of Columbia | 2 | 7.120% | $14,143 | — |
| Arizona | 1 | 7.125% | $7,955 | — |
| Montana | 1 | 6.000% | $21,341 | — |
| Washington | 1 | 6.625% | $12,838 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,545 | 6.625% | — | 35 | −$2,746 | |
| 2 | $5,925 | 6.625% | — | 20 | −$2,366 | |
| 3 | $5,927 | 6.933% | — | 74 | −$2,364 | |
| 4 | $6,379 | 6.625% | — | 31 | −$1,912 | |
| 5 | $6,550 | 6.875% | — | 13 | −$1,741 | |
| 6 | $6,925 | 6.990% | — | 27 | −$1,366 | |
| 7 | $7,715 | 6.500% | — | 11 | −$576 | |
| 8 | $7,959 | 6.562% | — | 16 | −$332 | |
| 9 | $7,995 | 7.000% | — | 32 | −$296 | |
| 10 | $8,107 | 6.995% | — | 20 | −$184 | |
| 11 | $9,092 | 6.750% | — | 18 | +$801 | |
| 12 | $9,516 | 6.625% | — | 13 | +$1,225 | |
| 13 | $10,640 | 7.125% | — | 9 | +$2,349 | |
| 14 | $10,855 | 6.500% | — | 31 | +$2,564 | |
| 15 | $10,963 | 6.500% | — | 55 | +$2,672 | |
| 16 | $11,341 | 6.990% | — | 19 | +$3,050 | |
| 17 | $11,362 | 6.750% | — | 15 | +$3,071 | |
| 18 | $12,326 | 6.500% | — | 10 | +$4,035 | |
| 19 | $14,180 | 6.625% | — | 17 | +$5,889 | |
| 20 | $14,361 | 6.990% | — | 9 | +$6,070 |
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.