Bell Bank closing costs and rates (2024)
In 2024, Bell Bank originated 6,236 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $5,394. That ranks #74 nationally by origination volume. For total closing costs among lenders with 500+ originations, Bell Bank ranks #235. That is $1,347 below the national median of $6,741. Bell Bank is most active in Minnesota with 3,664 originations there.
Purchase Originations
6,236
Ranked #74 nationally
Median Total Costs
$5,394
−20.0% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$2,556
Median Lender Credits
$175
Cost Rank (500+ vol.)
#235
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 5,475 | 6.625% | $5,167 | $2,585 |
| fha | 395 | 6.250% | $11,442 | $3,466 |
| va | 338 | 6.250% | $5,632 | $666 |
| usda | 28 | 6.500% | $6,656 | $2,058 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Minnesota | 3,664 | 6.625% | $5,461 | #2 |
| Arizona | 601 | 6.625% | $6,946 | #32 |
| Wisconsin | 582 | 6.625% | $4,278 | #25 |
| Florida | 257 | 6.625% | $6,718 | #144 |
| Missouri | 243 | 6.750% | $4,201 | #47 |
| Kansas | 232 | 6.625% | $3,416 | #27 |
| New Mexico | 201 | 6.490% | $4,739 | #21 |
| North Dakota | 144 | 6.500% | $4,487 | #13 |
| Tennessee | 105 | 6.875% | $7,759 | #121 |
| Colorado | 44 | 6.625% | $4,713 | — |
| Illinois | 40 | 6.990% | $6,154 | — |
| Texas | 20 | 6.688% | $6,163 | — |
| Iowa | 13 | 6.875% | $4,617 | — |
| North Carolina | 12 | 6.625% | $6,115 | — |
| South Carolina | 9 | 6.625% | $4,095 | — |
| Georgia | 8 | 6.562% | $7,690 | — |
| California | 7 | 6.875% | $10,200 | — |
| Michigan | 7 | 7.125% | $4,354 | — |
| Washington | 7 | 6.500% | $6,622 | — |
| Arkansas | 6 | 6.433% | $4,058 | — |
| Nebraska | 5 | 6.990% | $3,355 | — |
| South Dakota | 5 | 6.990% | $5,173 | — |
| Montana | 4 | 6.312% | $5,299 | — |
| Idaho | 3 | 6.125% | $3,395 | — |
| Indiana | 3 | 6.625% | $3,601 | — |
| Alabama | 2 | 6.062% | $7,691 | — |
| District of Columbia | 2 | 6.933% | $11,257 | — |
| Mississippi | 2 | 6.750% | $7,871 | — |
| Oklahoma | 2 | 6.308% | $7,538 | — |
| Oregon | 2 | 6.312% | $14,186 | — |
| Virginia | 2 | 6.375% | $5,634 | — |
| Kentucky | 1 | 6.625% | $6,394 | — |
| Wyoming | 1 | 6.250% | $9,367 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,113 | 6.625% | — | 121 | −$2,281 | |
| 2 | $3,793 | 6.625% | — | 59 | −$1,601 | |
| 3 | $3,979 | 6.875% | — | 71 | −$1,415 | |
| 4 | $4,246 | 6.250% | — | 66 | −$1,148 | |
| 5 | $4,332 | 6.625% | — | 175 | −$1,062 | |
| 6 | $4,482 | 6.625% | — | 117 | −$912 | |
| 7 | $4,631 | 6.625% | — | 76 | −$763 | |
| 8 | $5,031 | 6.750% | — | 75 | −$363 | |
| 9 | $5,201 | 6.375% | — | 66 | −$193 | |
| 10 | $5,206 | 6.625% | — | 306 | −$188 | |
| 11 | $5,222 | 6.625% | — | 127 | −$172 | |
| 12 | $5,447 | 6.625% | — | 1,074 | +$53 | |
| 13 | $5,462 | 6.625% | — | 422 | +$68 | |
| 14 | $5,650 | 6.625% | — | 125 | +$256 | |
| 15 | $5,735 | 6.875% | — | 112 | +$341 | |
| 16 | $5,843 | 6.625% | — | 303 | +$449 | |
| 17 | $5,908 | 6.875% | — | 64 | +$514 | |
| 18 | $5,970 | 6.625% | — | 376 | +$576 | |
| 19 | $6,160 | 6.490% | — | 96 | +$766 | |
| 20 | $7,028 | 6.625% | — | 502 | +$1,634 |
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.